Voice of America - VOA News on Nostr: Experts: Thailand’s bid to join BRICS is mostly symbolic ========== Thailand wishes ...
Experts: Thailand’s bid to join BRICS is mostly symbolic
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Thailand wishes to become the first Southeast Asian member of BRICS, a geopolitical group of developing countries including Brazil, Russia, India, China, and South Africa. Experts suggest that the membership may provide Thailand with mostly symbolic rather than concrete benefits. Thailand expects the membership to enhance its participation in international economic policy and to "create a new world order." Joining BRICS would support China and Russia's strategic goals in the region. However, analysts say geopolitical tensions and differences among member countries test the bloc's effectiveness. Thailand is already a member of APEC, IPEF, and RCEP. BRICS may not bring any concrete economic results for Thailand or ASEAN beyond political symbolism. Thailand's current application only starts the conversation, and it will become clearer during the October summit how Thailand might benefit from membership in BRICS. A Thai entry into BRICS would be unlikely to prompt others in the region to follow quickly.
#Thailand #Brics #Geopolitics #InternationalRelations #EconomicPolicy
https://www.voanews.com/a/experts-thailand-s-bid-to-join-brics-is-mostly-symbolic-/7655219.html
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Thailand wishes to become the first Southeast Asian member of BRICS, a geopolitical group of developing countries including Brazil, Russia, India, China, and South Africa. Experts suggest that the membership may provide Thailand with mostly symbolic rather than concrete benefits. Thailand expects the membership to enhance its participation in international economic policy and to "create a new world order." Joining BRICS would support China and Russia's strategic goals in the region. However, analysts say geopolitical tensions and differences among member countries test the bloc's effectiveness. Thailand is already a member of APEC, IPEF, and RCEP. BRICS may not bring any concrete economic results for Thailand or ASEAN beyond political symbolism. Thailand's current application only starts the conversation, and it will become clearer during the October summit how Thailand might benefit from membership in BRICS. A Thai entry into BRICS would be unlikely to prompt others in the region to follow quickly.
#Thailand #Brics #Geopolitics #InternationalRelations #EconomicPolicy
https://www.voanews.com/a/experts-thailand-s-bid-to-join-brics-is-mostly-symbolic-/7655219.html