NEWSLETTER

Sign up to read weekly email newsletter

Covering Domestic and Global affairs

Markhor Times
Donate
Search
  • National
  • Sports
  • Government
  • World
  • Entertainment
  • Editorial
Reading: Pakistan Set to Join BRICS as Bloc Expands Global Influence
Share
Font ResizerAa
Markhor TimesMarkhor Times
Search
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Homepage Blog Business Pakistan Set to Join BRICS as Bloc Expands Global Influence
Business

Pakistan Set to Join BRICS as Bloc Expands Global Influence

By
Ali
Last updated: September 18, 2025
2 Min Read
Share

Pakistan is expected to secure full membership of BRICS during either its 18th or 19th annual summit in 2025 or 2026, according to diplomatic sources. The development marks a major shift in Pakistan’s global economic outreach as the bloc continues to grow in influence.

Pakistan formally applied for membership in 2023 with the aim of strengthening economic ties with the grouping. BRICS currently comprises 10 full members, including Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, and Indonesia, which joined in January 2025. Eleven other nations hold observer or partner status, with Vietnam most recently joining as a partner in June 2025.

Economic strategist Dr. Mehmoodul Hassan Khan said Pakistan’s inclusion would accelerate industrialisation, digitalisation, and artificial intelligence initiatives while boosting inflows of foreign direct investment. He noted that despite India’s previous opposition, support from China, Russia, and other members has significantly improved Pakistan’s prospects.

BRICS has emerged as a powerful driver of global growth, accounting for 46% of the world’s population, 31% of land area, and 20% of trade.

According to the IMF, the bloc achieved 4% GDP growth in 2024, outpacing the global average. Its oil reserves and production represent around 40% of global energy, underscoring its growing strategic weight.

China’s President Xi Jinping has urged BRICS to pursue multilateralism and strengthen an alternative financial system, seen as a step toward de-dollarisation.

Dr. Khan stressed that Pakistan’s BRICS entry would have minimal negative repercussions given its strengthening relations with the United States, which has increased investments in Pakistan’s mining, renewable energy, education, and health sectors.

TAGGED:#EconomicDiplomacy#GlobalSouth#PakistanBRICS

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE NOW

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]

HOT NEWS

vehicles

Global EV Boom, Pakistan’s Targets Face Gap

Business
September 21, 2025
Palestinian Women protesting, The Markhor Times

Palestine Wins New Western Recognition

Britain, Canada, and Australia have formally recognised Palestine as a state in a rare show…

September 21, 2025

Telenor–Ufone Merger Nears the Finish Line

The long-awaited merger of Telenor and Ufone is approaching completion. The Competition Commission of Pakistan…

September 19, 2025
Data Breach Exposes Personal Information of 237,000 US Government Employees at USDOT

PTA Alerts Senate Over Alarming Data Breach

The Pakistan Telecommunication Authority (PTA) confirmed on Friday that the personal data of Pakistani citizens…

September 19, 2025

YOU MAY ALSO LIKE

Weak Insurance Sector Exposes Pakistan to Climate Risks

Billions of rupees are lost each year in Pakistan due to floods, earthquakes, and other natural hazards, yet most government…

Business
August 26, 2025

Solar Panel Import Value Revised by Customs

The Directorate General of Customs Valuation Karachi has announced an increase in the customs value of imported solar panels, revising…

Business
July 22, 2025

Electricity Consumers to Repay Loan in 6 Years

In a major financial breakthrough, the government of Pakistan is preparing to reduce the country’s power sector circular debt from…

Business
July 28, 2025

Global Currencies Shift Slightly Amid Market Caution

The latest currency exchange data shows minor yet notable changes in the values of key global currencies against the local…

Business
July 21, 2025
Markhor Times is an independent, privately owned publication focusing on Domestic and Global Affairs and bringing truth forward in this fast paced, biased world of media. MT is one of the emerging e-outlets in Pakistan, headquartered in Pakistan.

Follow US: 

Markhor Times Advertising (SMC-PRIVATE) Limited

Email: ameer@markhortimes.com
Tel: +92-3348881455

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?