Russia today is taking another pivotal moment in its history, (with a series of many landmark issues) under its presidency of BRICS (Brazil, Russia, India, China, and South Africa), referred to as informal association, consistently forging collaborative relations with developing countries. With the geopolitical situation heightening, tackling multiple challenges remain high on the organization’s agenda.

However, the evolving developments are positive and promising, particularly the increasing number of countries expressing their desire to join BRICS. It shows an interesting and indelible sign which reflects the necessity for the world’s reconfiguration. This factor indicates the urgent need for action to ensure a multifaceted change, a new global architecture embracing geopolitics, economy, and security as well as socio-cultural and humanitarian spheres.

Noticeably, Latin American countries and also in Asia and Africa regions want to join BRICS. There are many reasons including the desire of like-minded countries to deepen their cooperation under BRICS with a proper sense of respect.

In addition, BRICS follows an open-door vision and is committed to the fact that the principles governing this format – mutual respect, balance of interests, and a consensus-based approach – are very appealing. That’s why Belarus and Azerbaijan [former members of the USSR] have recently expressed their interest to become part of the platform.

“Azerbaijan has filed an official application for joining BRICS,” Azerbaijan’s news agency quoted Foreign Ministry’s spokesman, Aykhan Hajizada. Baku’s intention to join BRICS was reflected in a joint declaration on strategic partnership between Azerbaijan and China, which was signed on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Astana in early July.

Apart from that, Azerbaijani parliament speaker, Sakhiba Gafarova, said at a plenary session of the 10th BRICS Parliamentary Forum in St Petersburg on July 11 that her country wanted to be a full-fledged BRICS member.

Russia and Belarus have already formed a Union State. In late July, and even long before that, Belarusian President Alexander Lukashenko publicly reiterated that Minsk had been invited to the BRICS summit, due to be held in Kazan in October. Lukashenko irreversibly promised Belarus ascension into BRICS. In this regard, he instructed the foreign ministry to draw up a plan for Belarusian participation and bilateral meetings on that platform.

Azerbaijan has filed an official application for joining BRICS.

However, Belarus sees BRICS as a basis for economic development and is ready to join integration processes within the framework of the informal association. “We are interested in getting involved in integration processes in that space. BRICS is another footing to help us maintain balance and economic stability,” the BelTA agency quoted Lukashenko as emphatically asserting.

Belarus and Azerbaijan are former Soviet republics, with common historical backgrounds despite the stark indications of disparity in approach to current politics and economic development, much remains uniquely common in cultural practice and society.

Undoubtedly, both the older and current generations have a comprehensive understanding of Soviet history and culture. Therefore, Belarus and Azerbaijan governments and their state institutions such as the cabinet, legislature, and judiciary, would endorse aligning to BRICS, and contribute towards shaping a new post-Soviet space within the framework of an emerging new geopolitical reality.

As the majority of countries around the world face new, modern-day challenges, it has become necessary to create conditions to combat Western and European threats to political and economic stability. The need to amplify their collective voices or positions in strengthening partnerships is illustrated by the BRICS agenda which is very broad.

The agenda is in line with the general motto adopted by Russia’s BRICS chairmanship, relating to the widest range of issues, including politics, security, economy, finance and education, sports, and humanitarian ties.

CHINESE AND INDIAN FACTORS

While China and India have historically warm multiple ties with Russia, and even from Soviet times, both as BRICS members maintain closer economic partnerships with the Western world. China has comparatively more presence than India in Belarus and Azerbaijan, but prospects exist for extensive collaboration through BRICS.

Within its calculated strategy, China has a large footprint in the region, thanks to its Belt and Road Initiative. But that aside, Belarus and Azerbaijan can still secure economic partnerships and harness their modern technology and scientific innovations. Furthermore, public-private partnerships are crucial mechanisms for mobilizing the necessary resources and expertise for development.

Belarus sees BRICS as a basis for economic development.

In terms of influence and economic presence, China is indiscriminately deepening its trading and investment relations across the entire former Soviet region, and the Eurasian Economic Union, using its version of  – not confrontation – but it deemed acceptable as ‘mutual cooperation’ and polycentricity.

The 29th meeting between prime ministers of Russia and China (BRICS stalwart supporters of multi-polarity) reviewed economic cooperation and took cognizance of the huge untapped economic potentials generally in the Eurasian region, and specifically in the Russian Federation.

On August 21-22, Chinese Premier Li Qiang visited Minsk and held talks with Belarusian President Alexander Lukashenko which resulted in agreements on investment and on a free trade area in the services sector. In addition, Belarus would host an industrial zone for China’s new quality productive forces concept based on technologies, innovations, and high-quality human potential.

This reflects the absolute possibility for Chinese technologies to enter the Belarusian market in large numbers as the core mid-term task for the two countries’ governments, until 2030. The new agreement will enable Belarus to increase exports of its services to China by at least 12%-15% within the next five years, while investment in Belarus will grow by at least 30%, according to reports.

India has good relations with Belarus and Azerbaijan. India’s interests included science and technology cooperation. It continues, at present time, seeking investment and resources through the Belarusian route for developing smart cities,  improving the manufacturing sector, and increasing skill development, especially in the pharmaceutical industry.

China and India are both active in Russia. Mutual trade between Russia and China is developing successfully, and the two governments are working well towards this, Russian President Vladimir Putin has noted in Kremlin reports. According to the government office, bilateral trade blossomed up to $240.1 billion in June 2024.

RUSSIA’s BRICS DIPLOMACY

For now, though, after years of declining Russia’s influence in many parts of the world, Moscow is steadily rising up. And at least, being a member of BRICS plays a much supportive role. Russia’s presidency of the association has witnessed a stern position against increasingly Western ‘domineering powers’ in recent years, and more recently pressurizing countries to back sanctions against Russia for its ‘special military operations’ in neighboring Ukraine.

Several BRICS documents and communiques contained anti-Western positions, mostly against the United States’ hegemony and neo-colonial character. As an association of states, BRICS is guided in its efforts by the principles of mutual respect and consensus, which rule out any attempts to dictate one’s will or impose any totalitarian administrative and oversight practices.

BRICS offers a good opportunity for discussing international matters.

Reiterating here that BRICS offers a good opportunity for discussing international matters, including the emergence of a new world order with better justice for all, and making efforts to strengthen cooperation between BRICS and the countries of the Global South and East while enhancing their international role.

BRICS under Russia’s 2024 chairmanship has advanced steps to introduce its currency and a financial settlement and payment system platforms primarily targeting the de-dollarization process. Coordinated by the BRICS New Development Bank (NDB) which was established in 2015, these existing measures would, most probably, lead to a drastic reduction in the use and over-dependence of the dollar as a global currency. In the economic sphere, the BRICS countries have been discussing ways to promote sustainable development, to support the multilateral trading system, and to improve the global financial architecture.

Despite the above, Vice Chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, and several state officials have indicated that BRICS member states are no longer attaching much importance to the dollar, one single currency, and are now successfully using national currencies.

This, in the first step, underscored the assertions that Western countries are the strongest economies in the world. Therefore in the ultimate analysis, the economic power is steadily, or rather rapidly, shifting from the West to the Global South.

CHALLENGES AND FUTURE PROSPECTS

According to authentic estimates, more than 30 countries have applied to join BRICS, which now includes Egypt, Ethiopia, Iran, and the UAE — and in a collective pursuit of an uncomfortable non-aligned policy. Experts have, however, pointed to strong relations beyond ‘non-alignment’ and beyond the confines of BRICS.

As many countries express the desire to join BRICS, to incorporate their unique non-aligned political and economic values, so also in parallel dimension are challenges and, worse the competitiveness by key Western players and multinational organizations such as the International Monetary Fund (IMF) and the World Bank.

BRICS is simply an anti-Western association and has it own principles. The question over Belarus and Azerbaijan here also brings into focus Eurasian regional security. We know that the Shanghai Cooperation Organization (SCO) in 2001, following the collapse of the Soviet era.

Now the SCO is the successor to the Shanghai Five including China and Russia. In June 2017, it expanded to eight states, with India and Pakistan. Iran joined the group in July 2023, and Belarus in July 2024. Several countries are engaged as observers or dialogue partners.

With China, Iran, India, and Russia in BRICS, they share the same security interests. Moreso, Azerbaijan, and Belarus becoming BRICS members will fortify the SCO operations in the region. Our analytical studies further show unfolding remarkable opportunities with BRICS member countries for the next new members such as Azerbaijan and Belarus.

Azerbaijan has an observer status according to Azerbaijani Foreign Ministry spokesperson Aykhan Hajizada. Azerbaijan will probably become a full member of the SCO in a little while, President of the Republic of Kazakhstan Kassym-Jomart Tokayev said during his meeting with President of the Republic of Azerbaijan Ilham Aliyev on July 3 in Astana.

The floodgates for new members have since been opened: The association now includes the United Arab Emirates and Saudi Arabia, two of the world’s biggest oil producers, and accounts for well over a quarter of the world’s GDP. Azerbaijan is also an oil producer in the region, and it could also serve as a smooth conduit for Russia to access global markets.

Judging from the above discussion, and subsequent findings from several reports also offer logical implications if Azerbaijan and Belarus are accepted into BRICS. It provides solid conditions for building up common capabilities and approaches in the fight for economic power. This may likely entice Armenia and Kazakhstan also to take similar steps to become members of BRICS, whose economic benefits are enormous.

For the same reasons, BRICS could be a counterweight against US economic hegemony in the global economic system. BRICS, which traces its name to a Goldman Sachs report in 2001, has long struggled to find an economic or geopolitical purpose, as its member countries have little in common besides being large and non-Western.