Chile’s Potential BRICS Membership Under Review; A Step Toward New Global Order
According to webangah News Agency, experts at the “BRICS: Regional Challenges” conference held at the University of Santiago, Chile’s capital, examined the nation’s possible BRICS membership.
The event was supported by media organizations including Crónica Digital and Prensa Latina, partners of TV BRICS.
Experts highlighted shifting geopolitical dynamics, emphasizing that closer ties with BRICS nations would allow Chile to strengthen foreign relations and participate in building a fairer economic-political framework. university rector Álvaro Ramírez stated Chile’s potential membership wouldn’t replace customary partners but enable strategic initiatives on a broader scale.
Manuel Riesco, Deputy Director of CENDA (National Center for Option Advancement Studies), told Crónica Digital that BRICS members already constitute Chile’s primary trade partners. He noted China accounts for one-third of Chile’s total trade volume, followed by Latin American/Caribbean nations collectively in second place and Brazil alone in third.
Political scientist Mladen Yopo stressed BRICS offers members innovative financial tools to bolster national sovereignty. Felipe Neves Cateano Ribeiro, Head of Trade at Brazil’s embassy in Chile, highlighted that BRICS represents 40-45% of global GDP and nearly half the world’s population – positioning it as pivotal in shaping a multipolar 21st-century order.
Riesco urged Latin American nations to deepen regional cooperation through groups like MERCOSUR (Southern Common Market), CELAC (Community of Latin American & Caribbean States), while expanding engagement with Global South blocs like BRICS.He proposed establishing transnational zones with free movement of goods/services/labor under supranational oversight – particularly crucial amid climate change and technological disruption – where integrated systems for taxation, education, security could operate alongside reclaimed national control over natural resources per UN resolutions currently governing over 80% hydrocarbon extraction projects globally.
Participants concluded Chile’s potential accession represents not merely an economic decision but a strategic choice about its role in an emerging world order.
