Context: Thailand has formally expressed interest in joining BRICS and has sought India’s support ahead of India’s BRICS chairmanship in 2026. This development comes soon after India–Thailand relations were elevated to a Strategic Partnership in 2024, underscoring deeper cooperation in trade, connectivity, security, and regional groupings such as ASEAN-led mechanisms.

What is BRICS?
BRICS is an informal grouping of major emerging economies aimed at reforming global governance and strengthening cooperation among countries of the Global South.
- Evolution: Originally formed as BRIC in 2009, with South Africa joining in 2011, expanding it to BRICS.
- Nature: It has no permanent headquarters; chairmanship and annual summits rotate among members.
- Members (2025):
- Founders: Brazil, Russia, India, China, South Africa
- Expanded members (2024): United Arab Emirates, Egypt, Ethiopia, Iran
- Indonesia joined in 2025, marking deeper outreach to Southeast Asia.
Objectives and Focus Areas
BRICS seeks to:
- Promote a multipolar world order.
- Reform global institutions such as the IMF and World Bank.
- Enhance South–South economic and political cooperation.
- Reduce over-dependence on Western-dominated financial systems.
A key institutional pillar is the New Development Bank (NDB), established in 2015, which finances infrastructure and sustainable development projects in member and partner countries. The NDB is headquartered in Shanghai, China.
Global Significance
- Population Share: Over 40% of the world’s population.
- Economic Weight: Around 37–40% of global GDP (PPP terms).
- Geopolitical Role: Increasingly viewed as an alternative to the G7, particularly for developing and emerging economies seeking greater strategic autonomy.
Why Thailand’s Interest Matters
- Regional Outreach: Thailand’s entry would strengthen BRICS’ footprint in Southeast Asia, complementing Indonesia’s membership.
- Economic Diversification: Thailand seeks alternative growth platforms amid global economic uncertainty.
- India’s Role: With India chairing BRICS in 2026, New Delhi’s support could shape membership norms, expansion criteria, and ASEAN–BRICS linkages.
- India–Thailand Synergy: Strategic Partnership status provides a strong diplomatic foundation for cooperation within BRICS frameworks.
Conclusion
Thailand’s interest in BRICS reflects the grouping’s growing appeal as a platform for inclusive global governance and South–South cooperation. As BRICS expands cautiously, India’s upcoming chairmanship will be pivotal in balancing institutional coherence with strategic inclusivity.






