Why Joining BRICS is a Strategic Development Path for Turkey
Türkiye is a key member of NATO but has faced challenges in its relationships with Western countries. Despite efforts to join the European Union, Türkiye has now set its sights on the BRICS financial union for new economic opportunities.
The BRICS alliance, consisting of Brazil, Russia, India, China, and South Africa, offers Türkiye a fresh perspective. Economic pressures have pushed Türkiye towards considering BRICS membership, despite its NATO ties. To maximize the benefits, Türkiye needs a strategic approach focusing on trade, investment, and managing economic risks.
Membership in BRICS should not harm Türkiye’s relations with Western allies. A balanced foreign policy is crucial for presenting Türkiye as a bridge between East and West. Improving regulatory frameworks, promoting political stability, and enhancing diplomatic strategies are key for successful BRICS membership.
Türkiye aims to diversify its economy and reduce dependence on a single market through BRICS. Collaboration on research, development projects, and prioritizing sustainable development will further Türkiye’s growth and influence in the region. By adopting a balanced approach, Türkiye can make the most of BRICS membership while maintaining its strategic objectives.
Source
Sofia Martins graduated from the Technical University of Madrid with a degree in Agronomy, focusing on plant nutrition and soil science. She has a deep interest in sustainable fertilizer management and works to develop eco-friendly solutions that optimize plant growth while minimizing nutrient runoff. Sofia is a dedicated researcher and has published several articles on sustainable plant nutrition practices.