Thailand Aims to Join BRICS, Poised to Become First Southeast Asian Country to Become a Member

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In a significant move towards global economic integration, Thailand has announced its intention to join the BRICS bloc, potentially becoming the first Southeast Asian nation to do so. The Thai cabinet has approved a draft of the official letter that signals the country’s desire to become part of this influential group, which currently includes Brazil, Russia, India, China, and South Africa.

The BRICS bloc, initially started by larger developing nations, is looking to expand its influence and membership. Thailand’s bid comes after Egypt, Ethiopia, Iran, and the United Arab Emirates officially joined the group at the beginning of the year with 15 other countries also being considered for admission, Thailand is eager to accelerate the membership process and enhance its role as a leading player among developing countries.

Government spokesman Chai Wacharonke expressed that Thailand recognizes the importance of multilateralism and the increasing role of developing countries in the international arena. The official letter states that joining BRICS would benefit Thailand in various dimensions, including enhancing the country’s role on the international stage and increasing its opportunities to co-create a new world order.

Thailand has also been invited to participate in the 16th BRICS summit in Kazan, Russia, from October 22 to 24. This event presents an opportunity for Thailand to further its application and assert its position among developing nations.

The expansion of BRICS is a testament to the growing economic power of developing countries. The bloc makes up about 30% of the global economy, with a combined population of around 3.5 billion, representing 45% of the world’s total. It also accounts for over 40% of the world’s oil production. With the potential inclusion of Thailand, BRICS aims to continue its trajectory of growth and influence in the Global South and Asia.

This development marks a pivotal moment for Thailand and the BRICS alliance, as they work together towards a more multipolar world order.

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