Image source: X
Posted on 09/02/2024 5:54:36 PM PDT by SeekAndFind
Turkey has formally requested to join the BRICS group of emerging economies, Bloomberg cited informed sources as saying on Monday.
Ankara "seeks to bolster its global influence and forge new ties beyond its traditional Western allies," the sources said. President Recep Tayyip Erdogan believes “that the geopolitical center of gravity is shifting away from developed economies" and that the push to join BRICS "reflects its aspirations to cultivate ties with all sides in a multipolar world, while still fulfilling its obligations as a key member of NATO."
Image source: X
Turkish Foreign Minister Hakan Fidan said in early June that BRICS serves as a good alternative to the EU. Later that month, he confirmed that dialogue between Ankara and BRICS nations was ongoing – coming as Turkish frustration continued to grow due to stalled efforts to join the EU.
While Turkey has long been a member of NATO, accession talks for EU membership have faced several obstacles since they began in 2005. Turkey had applied to join the EU predecessor organization, the EEC, in 1987.
"Turkey submitted an application to join BRICS some months ago amid frustration over a lack of progress in its decades-old bid to join the EU," Bloomberg’s sources went on to say.
After Russia became the most sanctioned nation in the world following the start of the war in Ukraine in 2022, the BRICS bloc began seriously pursuing the creation of a common currency to de-dollarize trade and circumvent western sanctions.
A coalition initially made up of Brazil, Russia, India, China, and South Africa, BRICS at the start of this year expanded for the first time since 2010 to include Egypt, Iran, Ethiopia, and the UAE.
Palestine’s ambassador in Moscow, Abdel Hafeez Nofal, said on August 26 that the Palestinian Authority (PA) is planning to apply to join BRICS.
"The different and beautiful thing about BRICS compared to the EU is that it includes all civilizations and races. If it can become a little more institutional, it will produce serious benefits," Fidan said in early June.
Fidan confirmed in an interview later that month that his country may apply for an upgraded dialogue partnership with the Association of South East Asian Nations (ASEAN).
Erdogan has also shown interest in joining China’s Shanghai Cooperation Council (SCO). In early, he attended the SCO summit in Kazakhstan.
"We do not have to choose between the EU and the SCO as some people claim. On the contrary, we have to develop our relations with both these and other organizations on a win-win basis," the Turkish president said over the weekend.
"Turkiye can become a strong, prosperous, prestigious and effective country if it improves its relations with the East and the West simultaneously. Any method other than this will not benefit Turkiye, but will harm it," he added.
It’s ‘Turkey’.
Not many will take this seriously. Mexico will change that.
Global gobble.
RE: It’s ‘Turkey’.
If you want to call it that, knock yourself out.
But for those who don’t know, Turkey officially changed its name to Türkiye (in English often written as Turkiye) in December 2021. This change was formalized when the United Nations agreed to recognize the country’s new name on June 2, 2022.
The name change was initiated by Turkish President Recep Tayyip Erdogan, who argued that “Türkiye” better represents Turkish culture and values. The word “Türkiye” (pronounced “Tur-key-yeh”) is how the country has been known in Turkish for centuries.
This change was part of a broader effort by the Turkish government to rebrand the country and distance itself from associations with the bird of the same name in English.
Another fruit of Biden foreign policy.
So maybe we should say it Turkland instead of Türkiye. Türkiye appears odd in English.
Has Symbia indicated its intentions? Is that in the hands of ambassador Hearst, or President Cinque?
Another failure of the liberals in government especially the State Dept.
If Turkey invaded Ukraine from the rear, would Greece help?
The collapse of the U.S. dollar as the world’s reserve currency is a bigger deal than most people realize or appreciate. The U.S. has so misbehaved on the world scene in recent years with a commensurate loss of credibility, that it may have overcooked its goose.
78 nations have applied for Brics admission ( anti US hegemony), what makes this important is how does the West react?
My crystal ball shows expulsion from NATO….a good thing…the sooner NATO dissolves the better.
All eyes on the much awaited BRICs Summit in October!
Turkey’s currency (the Lira) has been crushed, down 80-90% in the last 5 years. The EU won’t let them join. So of course they’ll turn to BRICS, they gotta do something. But what does this say about BRICS? A hodgepodge of basket case economies propped up by maybe two countries? I don’t see how it will work, and the countries that join and have strong currencies and/or are net exporters will rule over the rest.
The Palestinian Authority wants to join BRICS? They don’t even have a currency. They use the Israeli shekel. They can only really trade with or through Israel - the other nearby nations are poor, and exports have to go through Israeli ports. Israel does all their l tax collection and tax remittances for them too. I can’t see how they can join until they decouple from Israeli dependence. Can’t see how it’s a benefit to BRICS to invite them in at this point in time.
Oh, and more than 100 countries are meeting in St Petersburg, Russia for the Summit. Russia, my friends are leading the way in commerce and trade.
Need I ask what the West leads the way in ? WAR.
Patience my friend- we are entering historic times. The Brics M- Bridge Unit will be based on 40 percent Gold holdings, and each countries much needed resources, Gold, metals, food, energy, etc…the USD is mired in unpayable debt, which the world is no longer buying.
Say Adios to USD hegemony.
The collapse of the U.S. dollar as the world’s reserve currency is a bigger deal than most people realize or appreciate.
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Most here have no idea what you are talking about. The dominoes are falling, the Sauds renege on the Petro dollar, record amounts of US debt instruments are being sold off, our Federal Reserve is posting losses for the first time….Americans ignorance is the fault of our MSM not reporting on the new historical financial developments.
Many here will suffer greatly from the USD decoupling- a few will prosper. Prepare accordingly.
China will rob them blind
hell, i think the US should be a member...
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