Thailand’s recent announcement to apply for BRICS membership signifies its strategic effort to enhance its global economic and political presence, according to an analysis published by The Diplomat.
The Thai government, under Prime Minister Srettha Thavisin, views BRICS membership as a means to boost the national economy and increase international influence. This move aligns with Thailand’s long-term strategy to diversify its foreign relations and reduce dependence on the United States while maintaining balanced relations with major powers like China.
Thailand’s application, approved by the cabinet, comes as BRICS is undergoing expansion, having recently admitted countries like Saudi Arabia, Iran, and the UAE. If accepted, Thailand would be the first Southeast Asian nation to join the alliance. The Thai government believes that BRICS membership will offer numerous benefits, including enhanced international stature and new economic opportunities.
This bid is part of a broader strategy by the Thai government to navigate the shifting global geopolitical landscape. In addition to seeking BRICS membership, Thailand has also initiated the process to join the Organisation for Economic Co-operation and Development (OECD). These dual efforts reflect Thailand’s adaptive foreign policy, aimed at securing a favorable position between competing global powers and economic blocs.
The pursuit of BRICS membership is seen as a step to participate in the creation of a new world order and to align with the economic interests of emerging markets. Critics, however, remain skeptical about the effectiveness and coherence of BRICS due to the diverse economic and political motivations of its members. Despite this, Thailand’s government perceives no downside in engaging with any grouping that might enhance its global standing.
