Prospects of BRICS Development in the Context of the Alliance Enlargement

The relevance of the study is due to the fact that BRICS is a union of countries with developing economies, but at the present stage, it is considered the most discussed association in connection with its expansion, which indicates the upcoming changes in the context of international relations. The proposed publication contains the results of a study of the BRICS expansion process in recent years and the characteristics of its changing position on the world stage. The authors set themselves the task of studying the duality of perception of this association in the future, its significance and role in the world arena, which is currently debated and ambiguous. It is necessary to identify what factors can eliminate this duality in favor of a more positive assessment. The paper presents the results of the study of the reasons and conditions of accession of new participants, opportunities for increasing interaction and integration of BRICS countries in the future in the framework of association on the basis of the main principles of the alliance (equality, mutual assistance and inclusiveness), and strengthening the power of global unification. Legal, economic and political aspects consider the features and prospects of the organization and of the participating countries, whose potential has prospects. The authors conclude that the renewed BRICS (2024), which includes four new countries (Egypt, Iran, the UAE, and Ethiopia), has the opportunity to become a leading actor in the modern world.