What’s happening?

Saudi Arabia is contemplating joining the BRICS (Brazil, Russia, India, China, and South Africa), an influential economic bloc, after receiving an invitation. Riyadh’s decision is pending as the nation assesses the potential advantages of membership. Saudi Arabia’s inclusion could bolster the clout of the BRICS, with implications for both global economic and political landscapes.

Why it matters

An alliance with the BRICS could serve Saudi Arabia’s aim to diversify its partnerships, especially as it observes a perceived waning in the US commitment to Gulf security. This move could reshape alliances and reflect a more multipolar global order. However, Riyadh is approaching this decision with caution, aware of the potential political strings attached and its impact on relationships with Western allies.

The bigger picture

Saudi Arabia’s potential paradigm shift comes at a time of significant geopolitical tension, notably between the US, China, and Russia. Saudi Arabia may seek to leverage its economic power while negotiating a delicate balance between established Western ties and new partnerships within the BRICS bloc.

The timings and options

The Kingdom was invited to the BRICS group along with other nations but is yet to make a formal decision, as economic collaboration and trade with existing BRICS members China and India are highly prioritized. Despite no fixed deadline for a decision, meticulous assessments are underway, according to Saudi officials.

Economic influence and diplomacy

Joining the BRICS may contribute to solidifying Saudi Arabia’s role on the international stage, especially among emerging economies. The step aligns with the Kingdom’s strategies aiming for economic growth independent of oil revenue. However, careful navigation of the existing political landscape defines the ongoing thought process.

Global South aspirations

Further expansion of the BRICs with Saudi participation would endorse the group’s objectives to play a more assertive role in representing interests of the Global South, potentially shifting the dynamics of international alliances and trade partnerships.

Responses and clarifications

Saudi ministers have confirmed the membership consideration, but conclusive comments are reserved until the completion of their internal evaluation process. Meanwhile, high-level interactions and remarks from other global players, including members of the BRICs and heads of state, indicate global interest regarding the outcome of Saudi Arabia’s decision.

Possible impacts on the Gulf region

The United Arab Emirates (UAE), another collaborator in the Gulf Cooperation Council (GCC), accepted the BRICS invitation based predominantly on economic prospects. This move may influence the regional alignment and further affirm the Gulf nations’ strategic positioning amidst shifting global alliances.

This story was first published on jpost.com.