BRICS+ Security Meeting Focuses on Multilateralism

The expanding BRICS alliance, which includes Brazil, Russia, India, China, and South Africa, is increasingly seen as a counterbalance to the Western-dominated G-7, reflecting a shift in global power dynamics. Venezuelan engagement with BRICS aims to secure a more equal footing in international relations and diversify its economy beyond oil dependency, acknowledging that equality is vital for security and comprehensive development. China's recent commitment of $51 billion in investments to Africa during the Forum on China-Africa Cooperation demonstrates its growing influence on the continent and highlights the rivalry with the U.S. and EU. At a recent BRICS+ meeting, security initiatives were proposed to foster peaceful coexistence and multilateralism among member nations, emphasizing support for one another amid external challenges. Indian officials reiterated the necessity of BRICS as a response to the exclusive nature of the G-7, advocating for representation of emerging economies in global discussions. This geopolitical shift, underscored by expanding BRICS membership, is causing concern in Western capitals about the changing balance of power.