BREAKING: 2 Nations Officially Submit BRICS Membership Applications This Week

Geopolitical chessboard shifts as two countries throw their hats in the BRICS ring—just as the bloc's influence hits new heights.

Strategic Expansion

The applications signal growing discontent with traditional Western-dominated financial systems. Both nations seek alternatives to dollar dependency and want a seat at the multipolar table.

Economic Implications

More members mean stronger collective bargaining power—and potentially faster de-dollarization. Watch for commodity markets and emerging market ETFs to react as institutional money adjusts positions.

Global Realignment Accelerates

This isn't just about economics; it's geopolitical signaling at the highest level. The move challenges existing alliances and could rewrite trade routes for decades.

Meanwhile, Wall Street analysts will probably spend six months and 200-page reports 'discovering' what crypto traders priced in overnight. Some things never change.

Myanmar & Laos Apply For BRICS Membership

BRICS membership is now a caveat advantage where gaining entry is a privilege and not a right. Developing countries find the alliance lucrative as it controls a major portion of the global economy. From oil to rare earth minerals and GDP in purchasing power parity (PPP), the 10-member group commands a significant share.

Laos is now the 46th country to seek a BRICS membership. Out of the 46, 23 countries have officially submitted their application to become members. The other 23 nations have informally expressed their interest in joining the alliance. The group expanded in 2024 after it sent invitations to six countries during the 2023 summit.

Out of the six countries, only four agreed and gained BRICS membership. The other two nations, Argentina and Saudi Arabia declined to join the bloc. Argentina’s President Javier Milei publicly criticized the bloc, calling it a group of dictators. He lashed out at China’s Xi Jinping, Russia’s Vladimir Putin, and Iran’s Ayatollah Ali Khamenei. On the other hand, Saudi Arabia quietly bowed out of the invitation as it requires support from the US and the West to achieve its Vision 2030 plan.