BRICS (Brazil, Russia, India, China and South Africa) celebrate 20 years of existence at a summit taking place this weekend in New Delhi, India. The meeting serves as a stage to test the limits and adaptability of the economic bloc, which has been expanding its influence on the global geopolitical stage.
One of the highlights of the summit is the possibility of a meeting between the leaders of India and China. This potential contact between the two Asian countries is particularly significant in the context of the border and trade tensions that have marked bilateral relations in recent years.
Saudi Arabia's membership is another point of interest, albeit ambiguously. The kingdom is not an official member of the bloc, but its presence and potential approach to the group raises questions about the future expansion of BRICS and its strategic reach.
The New Development Bank, a financial institution created by the bloc, is expected to see its role strengthened during this summit. The bank has gained greater relevance as an alternative to the Western financial system dominated by the IMF and the World Bank.
