What is BRICS Plus and what is the purpose of this new mechanism?

On 19 May, China’s State Councillor and Foreign Minister Wang Yi chaired a videoconference dialogue between foreign ministers of BRICS countries and their counterparts from emerging economies and developing countries. This was the first BRICS Plus dialogue at the level of foreign ministers.

Participants in the dialogue came from BRICS countries as well as invited countries such as Kazakhstan, Saudi Arabia, Argentina, Egypt, Indonesia, Nigeria, Senegal, United Arab Emirates and Thailand.

According to Chinese Foreign Minister Wang Yi, the dialogue is of significant importance to further expand cooperation between the BRICS countries and other emerging economies and developing countries.

As a BRICS Plus participant country, Argentina has on several occasions expressed its interest in joining this mechanism. The Argentine president, Alberto Fernández, considered that BRICS represents for Argentina “an excellent alternative for cooperation in the face of a world order that has been working for the benefit of a few”.