BRICS and Madagascar
Madagascar has recently expressed interest in strengthening ties with the BRICS group (Brazil, Russia, India, China, and South Africa). This interest aligns with the BRICS platform's goal of enhancing cooperation among emerging economies. The BRICS nations focus on economic collaboration, sustainable development, and political dialogue. For Madagascar, joining or aligning with BRICS could potentially offer avenues for economic growth, investment, and support in various sectors such as infrastructure, agriculture, and technology. In 2023, BRICS expanded its membership to include new countries, which could create a more diverse coalition and amplify its influence on global economic matters. Madagascar's engagement with BRICS highlights its desire to be part of broader multilateral discussions and an effort to boost its international presence. Madagascar could benefit from aligning with BRICS in several ways: 1. Economic Support and Investment: BRICS countries often provide fund...