UAE’s Inclusion as BRICS Member Amplifies the Global Positioning of Emirates

The United Arab Emirates (UAE) is now officially a member of the BRICS club of emerging nations, joining China, Russia, India, Brazil and South Africa. The new members also include Egypt, Ethiopia, and Argentina, Saudi Arabia, and Iran. The UAE president Mohamed bin Zayed al Nahyan took to X to appreciate the inclusion of the UAE as a member of BRICS.

The expansion of BRICS is seen as a major victory for the two leading members of the group, mainly China and Russia who are seeking more political and economic influence in a global system dominated by the US and Europe.

UAE’s addition to BRICS doesn’t come as a surprise as it has been pushing multilateral efforts and constructive dialogue across the world. Its inclusion in the grouping has been met with enthusiasm. The membership will further enhance UAE’s political and economic influence, foster greater collaboration between the Middle East and emerging economics of the BRICS nations.

Moreover, UAE’s inclusion will unlock a plethora of opportunities, including security and stability. The Emirates boasts a highly diversified and robust economy, with strengths in sectors ranging from finance and trade to technology and renewable energy. Through BRICS, the United Arab Emirates can harness its expertise to contribute to the group’s efforts in achieving sustainable development goals, and further bolster its own economy.

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The Emirates strategic geographical location and world-class infrastructure make it an ideal hub for trade and investment between the BRICS nations and the rest of the world. In terms of diplomacy, UAE’s new membership reflects its commitment to multilateral cooperation and strengthening of bilateral relations. BRICS is also an international platform for the UAE to address global challenges like climate crisis, security, and economic disparities.

The expansion of BRICS now means that the members will go ahead with the idea of a common currency, a potential de-dollarization. It may also lead to a drop in West’s influence in the member countries.