Quantcast
Channel: Cointribune
Viewing all articles
Browse latest Browse all 3998

BRICS Expansion Fails : Russia’s Bid Rejected By Saudi Arabia And Turkey

$
0
0
Close-up of a negotiation table lit with strong contrast. Two silhouettes (symbolizing key powers like Saudi Arabia and Turkey) turn their backs on a Russian diplomat at the center of the image.

The BRICS have been presenting themselves for several years as a credible alternative to hegemonic economic blocs such as the G7. In this context of increasing rivalries among powers, Russia has taken steps to expand this alliance. It then invited Saudi Arabia and Turkey to join its ranks. Moscow hoped to strengthen the bloc's influence on the international stage and to face the pressures from Western economies. However, these efforts encountered a rejection. This setback illustrates the divergent interests among these nations, as well as the challenges that the BRICS face in expanding their circle of influence in a world where geopolitical balances are becoming increasingly complex.

L’article BRICS Expansion Fails : Russia’s Bid Rejected By Saudi Arabia And Turkey est apparu en premier sur Cointribune.


Viewing all articles
Browse latest Browse all 3998

Latest Images

Trending Articles



Latest Images