In a significant diplomatic manoeuvre that may have far-reaching implications for the international system of alliances, Turkey has submitted a formal request to join Brics, the group of emerging-market economies, signalling its intent to diversify its partnerships beyond the west.
The Brics grouping, named after Brazil, Russia, India, China, and South Africa, comprises some of the world’s largest economies. Earlier this year, it welcomed four new members: Iran, the United Arab Emirates, Ethiopia and Egypt. Although Saudi Arabia has been invited to join, the official process is yet to take place. Often viewed as an alternative to western-led organisations such as the EU, G7 and Nato, Brics signifies a significant shift in global power dynamics.
Ankara’s decision could be a strategy to strengthen relations with non-western powers as the global economy’s centre continues to shift away from the west, but is also about chasing more trade with Brics members.