Venezuela's Interest in Joining BRICS

SOURCE www.breitbart.com
Russian Foreign Minister Sergey Lavrov welcomed Venezuela's interest in joining the BRICS anti-Western bloc, expressing support for the socialist Maduro regime's efforts to attain membership.

Key Points

  • Venezuela's interest in joining the BRICS bloc led by China
  • Support from Russia, the current chair of BRICS
  • Memorandum signed to counteract sanctions and strengthen cooperation between Russia and Venezuela

Pros

  • Strengthens ties between Venezuela and other BRICS members
  • Creates financial and logistical mechanisms resistant to external influence
  • Supports the creation of a more equitable and multipolar world

Cons

  • Potential implications for global power dynamics
  • Concerns about the Maduro regime's authoritarian practices