Bloomberg reports a lack of support among BRICS countries for putin’s plan to reduce dependence on the dollar and turn the organization into an anti-Western bloc.

Key points from the article:

▫️ BRICS members are split over efforts to reduce reliance on the dollar as a global reserve currency, as well as on the bloc’s further expansion.

▫️ Members, including India, reject efforts to promote the Chinese yuan as an alternative reserve currency.

▫️ India, Brazil, and South Africa oppose turning BRICS into an “anti-American” organization dominated by russia and China.

▫️ The UAE strongly rejects attempts to portray its BRICS membership as a position against the West.

Amid growing isolation and economic challenges due to sanctions, russia is trying to rally other nations against its adversaries. However, even within BRICS, putin’s efforts find little support. Other countries do not share the same motivations for confronting the West, making russia’s plans increasingly unsuccessful and unrealistic.

Previously, the Center reported that many countries remain cautious about aligning too closely with russia during the BRICS summit.