BRICS Confirms Mexico Quest to Join #BRICS Alliance | US pushes Mexico to Conflict
Mexico joining the Brics is what the future holds for Mexico’s relationship with the United States. According to a piece published by the Council on Foreign Relations, the decision was made at a time when relations between the United States and Mexico have been strained as a result of various concerns, including conflicts regarding trade and diverging approaches to immigration regulations. It is possible that Mexico’s association with Brics will redefine its geopolitical stature as the country works to diversify its relationships and reduce its dependence on the country that lies to its north.
In addition, the inclusion of Mexico in the Brics could have an impact on the existing international monetary order. There have been rumblings of Mexico adopting the Brics currency, according to a story published on . This might pose a challenge to the dominance of the US dollar as the reserve currency of the world and give Mexico greater latitude to determine its own monetary policy. It would be challenging to switch to a new monetary system, which is why the members of the Brics bloc would need to collaborate closely.
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BRICS Confirms Mexico Quest to Join #BRICS Alliance | US pushes Mexico to Conflict