Taking over the baton of Brics presidency on January 1, Russian President Vladimir Putin said Russia would work on the modalities of a new category of Brics partner countries. “We will consider the degree to which many other countries, about 30 of them, are prepared to join the Brics multidimensional agenda in one form or another. To this end, we will start working on the modalities of a new category of Brics partner countries,” he added.
On January 1, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates joined Brics, making it a 10-member bloc, while Argentina has pulled out of its plans to join the grouping. India and Pakistan are members of the South Asian Association for Regional Cooperation (Saarc) and Shanghai Cooperation Organisation (SCO). While Saarc has remained dysfunctional mainly due to differences between India and Pakistan, both South Asian neighbours recently squabbled at SCO meetings.