Mexico Among the 25 Countries That Want To Join BRICS

The US and Mexico are at loggerheads for illegal immigration, border security, drug cartels, illicit trade, and human rights violations. The development led to the US imposing tariffs on Mexican goods and threatening to cut aid to Mexico. Amid the growing tensions, Mexico now wants to be a part of BRICS to ward off the economic threats from the US.

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Mexico Expresses Interest To Join BRICS

Mexico expressed its interest to join BRICS and be a part of the group that’s taking on the US. If BRICS inducts Mexico, it could be the first South American country to be a part of the alliance. It will also be the first immediate neighbor of the US to join BRICS this year.

“There were close to 25 (countries) who indicated that they are ready to join BRICS,” the South African ambassador said to Tass.

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However, the decision to induct new countries will be based on the consensus of all the member countries. The BRICS expansion could most likely be decided in the next summit in October this year. It is not known if BRICS will induct Mexico into the group and allow the country to be a part of decision-making.

Also read: BRICS Prepares to Launch Currency in 2024

BRICS could further its de-dollarization initiative in South America if it inducts Mexico into the bloc. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.