Articles

BRICS: Next expansion could include Turkey, Algeria, Indonesia, Nigeria but major rifts remain

I was quoted by Tala Michel Issa for Arabian Business, on the potential new members of BRICS+ in the group’s second expansion phase. Indonesia, Nigeria and Algeria could soon receive their invitation cards, as could Türkiye (which is seeking a Free Trade Agreement with the GCC) and Morocco.

On the outlook for BRICS+ and the usual criticism that it lacks economic, political and strategic coherence, I argued that if the EU can exist with its own profound (and deepening) differences, I don’t see why BRICS+ could not have a bright future… And possibly a brighter one, as it is less ambitious in the way it functions politically and institutionally.

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Picture credits: Shutterstock

Nicolas Michelon

Nicolas is a corporate geoeconomics and strategic & business intelligence expert with 25 years of experience in the Asia-Pacific, and more recently in the Gulf and Türkiye. A Managing Partner at Alagan Partners, he advises corporate executives on how to navigate the current geopolitical and geoeconomic environment, mitigate risk and develop prospective scenarios. He is also an Adjunct Professor & Guest Lecturer in geopolitics, geoeconomics and business intelligence at ESCP Business School (France), Galatasaray University (Türkiye), University Mohammed VI Polytechnic (Morocco), and Ecole de Guerre Economique (Paris School of Economic Warfare).

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