MEXICO JOINING BRICS

Last updated: June 19, 2025, 22:12 | Written by: Ari Paul

The question of whether Mexico will join the BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, has sparked considerable debate and speculation.In a world increasingly characterized by shifting alliances and evolving economic powerhouses, Mexico's position is particularly intriguing.While initial reports suggested a potential interest, President Andrés Manuel López Obrador has publicly stated his preference for strengthening economic ties within the Americas, particularly with the United States.This seemingly definitive stance, however, doesn't entirely close the door on future possibilities, especially considering the rapidly changing global landscape and Brazil's official invitation for Mexico to participate in the 2025 BRICS summit.This invitation itself signals Brazil's intent to broaden the bloc's influence and highlights the strategic importance of Latin American economies like Mexico.

The decision for Mexico is a complex balancing act, a weighing of potential benefits like access to expanded markets and heightened global influence against the potential downsides of aligning with a bloc advocating for substantial changes in the global economic order. MOSCOW, October 2. /TASS/. Mexico is interested in joining BRICS, but the United States is preventing the country from entering the association, Mexican Congressman Brasil Alberto Acosta Pena toldThis article delves into the intricate details surrounding Mexico's relationship with BRICS, exploring the economic opportunities, political considerations, and potential implications of either joining or remaining outside the alliance. As previously noted, several nations received invitations to join the BRICS bloc in August of 2025, with five new countries deciding to join the following year. This raises the question - could we see Western nations such as Canada and Mexico join BRICS in 2025 with the goal of eliminating the US Dollar? Mexico's Stance on Joining BRICSWe will examine the arguments for and against membership, analyze the views of key stakeholders, and ultimately assess the future prospects of Mexico's engagement with the BRICS nations.

Mexico's Stance on BRICS: A Prioritization of North American Ties

President López Obrador has been clear about his government's focus: strengthening economic bonds with the United States and other nations within the Americas.This strategy makes sense given the existing trade relationships and geographical proximity.The US is Mexico's largest trading partner, and the North American Free Trade Agreement (NAFTA), now the United States-Mexico-Canada Agreement (USMCA), forms the bedrock of their economic interaction.

The president has explicitly stated that Mexico has not formally applied to join BRICS and is prioritizing its existing commitments within the region. Ante las recientes tensiones comerciales con Estados Unidos por la imposici n de aranceles que entraron en vigor este 4 de marzo, el presidente de Brasil, Luiz In cio Lula da Silva, anunci suThis decision stems, in part, from a desire to avoid potential friction with the United States, given the often-strained relationship between Washington and the BRICS nations.However, Mexico is closely monitoring the BRICS alliance, acknowledging the significant economic weight of its member nations and exploring opportunities for bilateral cooperation.

Why the Focus on North America?

Existing Trade Relationships: The USMCA provides a stable and predictable framework for trade and investment, fostering economic growth in Mexico.
Geographical Proximity: Shared borders facilitate trade, investment, and supply chain integration with the United States and Canada.
Political Considerations: Maintaining a strong relationship with the US is crucial for various reasons, including security cooperation, immigration policy, and diplomatic influence.

In essence, Mexico's current strategy prioritizes consolidating its position within the established North American economic framework.This doesn't necessarily preclude future engagement with BRICS, but it does indicate a cautious and pragmatic approach.

Economic Opportunities for Mexico within BRICS

Despite the current government's stance, joining BRICS could unlock several economic opportunities for Mexico.The BRICS nations represent a substantial and growing market, offering potential for increased trade, investment, and economic diversification.These are compelling reasons that might sway future decision-makers.

The BRICS countries collectively account for a significant portion of the world's population, GDP, and trade. In a significant diplomatic development, Brazil has officially extended an invitation to Mexico to participate in the BRICS summit scheduled for 2025. This invitation highlights Brazil s growing influence within the BRICS bloc, which consists of Brazil, Russia, India, China, and South Africa.Access to these markets could boost Mexican exports, attract foreign investment, and stimulate economic growth.Furthermore, the BRICS nations are actively seeking to diversify their economies and reduce their reliance on the US dollar, creating opportunities for Mexico to participate in alternative financial mechanisms and trade arrangements.

Potential Benefits of BRICS Membership:

Market Access: Access to large and growing markets in Brazil, Russia, India, China, and South Africa.
Investment Opportunities: Attracting foreign investment from BRICS nations into various sectors of the Mexican economy.
Diversification: Reducing reliance on the US market and diversifying trade relationships.
Financial Cooperation: Participating in alternative financial mechanisms and trade arrangements that bypass the US dollar.The concept of a BRICS currency, while still theoretical, could offer advantages.
Technological Advancement: Collaboration on technological innovation and knowledge sharing with BRICS nations.

For example, Mexico's strong manufacturing base could supply goods to the growing consumer markets in China and India. The BRICS currency could capture the Latin American markets making other nations end reliance on the U.S. dollar. As of now, Mexico joining BRICS in 2025 is still unlikely as long as President Obrador is in charge. However, the Mexican general election is scheduled for summer 2025.Its natural resources, such as oil and minerals, could find ready buyers in the resource-hungry BRICS economies.Furthermore, Mexico's burgeoning technology sector could benefit from collaboration and investment from Chinese and Indian tech companies.

The Geopolitical Landscape and Mexico's Role

The global geopolitical landscape is rapidly evolving, with the BRICS nations emerging as a significant force challenging the Western-dominated international order. Currently, multiple countries are being considered for potential inclusion in the BRICS alliance over time. Yet, Mexico remains in a state of uncertainty. WiThis shift presents both opportunities and challenges for Mexico. Mexico has not asked for being admitted to BRICS. Mexico is closely following the association s development bearing in mind the economic weight of its member nations and bilateralWhile aligning too closely with BRICS could strain relations with the United States, maintaining a neutral stance might limit Mexico's ability to influence global affairs.

The BRICS countries have been vocal in their criticism of the existing international financial architecture, advocating for reforms to multilateral institutions such as the World Bank and the International Monetary Fund (IMF).They also champion the interests of developing countries and the Global South.Mexico, as a major emerging economy, shares many of these concerns and could potentially benefit from joining forces with BRICS to push for a more equitable and representative global order.

Geopolitical Considerations for Mexico:

Balancing Act: Navigating the complex relationship between the United States and the BRICS nations.
Global Influence: Enhancing Mexico's voice and influence in international forums.
South-South Cooperation: Strengthening ties with other developing countries and promoting a shared agenda.
Multilateral Reform: Supporting reforms to international institutions to reflect the changing global power dynamics.

Ultimately, Mexico's geopolitical strategy will depend on its assessment of the risks and rewards of aligning with either the United States or the BRICS nations.A balanced approach, characterized by maintaining strong ties with both sides while pursuing its own national interests, may be the most prudent course of action.

The Invitation from Brazil: A Diplomatic Overture

Brazil's official invitation for Mexico to participate in the 2025 BRICS summit represents a significant diplomatic gesture.This invitation underscores Brazil's growing influence within the bloc and highlights the strategic importance of Mexico's participation.While President López Obrador has declined the invitation, it signals an ongoing interest within BRICS to engage with Mexico.

Brazilian President Luiz Inácio Lula da Silva has been a strong advocate for expanding BRICS and strengthening ties with Latin American countries.His invitation to Mexico reflects a belief that Mexico's economic strength and geopolitical significance would enhance the bloc's overall influence. Mexican President Andres Manuel Lopez Obrador denied Tuesday that his government is looking to join the economic bloc led by Brazil, Russia, India, China and South Africa, or BRICS.The invitation also suggests that Brazil sees Mexico as a potential bridge between the BRICS nations and the United States.

Implications of Brazil's Invitation:

Recognition of Mexico's Importance: Acknowledges Mexico's economic and geopolitical significance.
Potential for Future Engagement: Keeps the door open for future dialogue and cooperation.
Brazil's Leadership Role: Demonstrates Brazil's commitment to expanding BRICS and promoting South-South cooperation.

Even if Mexico ultimately declines to join BRICS, participating in the summit as an observer could provide valuable insights into the bloc's agenda, priorities, and decision-making processes. Economic Opportunities for Mexico. For Mexico, joining BRICS presents numerous economic opportunities. The country has a strong manufacturing base, a growing technology sector, and significant natural resources, making it an attractive partner for BRICS nations looking to diversify their economies.This information could inform Mexico's future engagement with BRICS and help it to make more informed decisions about its foreign policy.

The BRICS Currency: A Potential Game Changer

One of the most talked-about initiatives within the BRICS alliance is the development of a common currency. LONDON - The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group'sWhile still in the early stages of discussion, the idea of a BRICS currency has the potential to significantly alter the global financial landscape. President Andres Manuel Lopez Obrador affirmed on Tuesday that Mexico has chosen to prioritize the strengthening of its economic ties with the United States and other nations within the Americas, instead of pursuing membership in the BRICS alliance.The primary goal is to reduce reliance on the US dollar and promote greater financial independence for BRICS nations.

A BRICS currency could facilitate trade among member countries, reduce exchange rate volatility, and provide an alternative to the US dollar for international transactions.It could also challenge the dominance of the US dollar as the world's reserve currency, potentially leading to a more multipolar financial system.This prospect is particularly appealing to countries seeking to reduce their vulnerability to US economic policies and sanctions.

Potential Impact on Mexico:

Trade Diversification: Facilitating trade with BRICS nations using a currency other than the US dollar.
Reduced Reliance on the US Dollar: Mitigating the impact of US monetary policy on the Mexican economy.
Financial Independence: Gaining greater control over its own financial destiny.

For Mexico, the emergence of a BRICS currency could offer new opportunities for trade and investment.It could also provide a hedge against fluctuations in the value of the US dollar.However, it's important to note that the development of a BRICS currency faces significant challenges, including the need for consensus among member countries, the establishment of a credible monetary policy framework, and the creation of a robust financial infrastructure.

The 2025 Mexican General Election: A Potential Turning Point

As President Obrador's term nears its end and a general election is scheduled for the summer of 2025, the possibility of a shift in Mexico's stance on BRICS cannot be dismissed.A new administration might adopt a different foreign policy approach, potentially leading to a reassessment of the benefits and drawbacks of joining the alliance.

The next Mexican president will face a complex set of challenges, including economic growth, social inequality, and security concerns.The decision on whether to pursue closer ties with BRICS will be influenced by these priorities, as well as by the evolving global geopolitical landscape.A more pragmatic or internationally-focused leader might see BRICS membership as a valuable tool for promoting Mexico's economic and strategic interests.

Factors Influencing Future Decisions:

New Administration's Priorities: A shift in priorities could lead to a reassessment of Mexico's foreign policy.
Global Geopolitical Landscape: Changes in the global balance of power could make BRICS membership more attractive.
Economic Considerations: The potential economic benefits of joining BRICS could outweigh the risks.

Therefore, while the current government has ruled out joining BRICS, the outcome of the 2025 election could significantly alter the trajectory of Mexico's relationship with the alliance.It's a situation worth monitoring closely.

Potential Challenges and Risks of BRICS Membership

While the economic opportunities associated with joining BRICS are undeniable, Mexico must also consider the potential challenges and risks. The president of Mexico, Andr s Manuel L pez Obrador, ruled out this Tuesday that the country join the economic block made up of Brazil, Russia, India, China and South Africa (BRICS) to focus on its commercial relationship with North America.Aligning with a bloc that challenges the Western-dominated international order could strain relations with the United States, Mexico's largest trading partner. Mexico is among the 19 countries that have expressed interest to join BRICS but has not formally sent its application, reported Bloomberg. If Mexico officially applies to join the BRICS alliance, the move could cause a paradigm shift in cross-border transactions. The move could impact its relationsThere could also be potential economic and political consequences, such as sanctions or trade restrictions.

Furthermore, the BRICS nations have diverse political systems and economic structures, which could make it difficult for Mexico to find common ground on certain issues.There could also be concerns about the rule of law, corruption, and human rights in some BRICS member countries.Mexico must carefully weigh these risks before committing to join the alliance.

Potential Downsides:

Strained Relations with the US: Aligning with BRICS could damage Mexico's relationship with the United States.
Economic and Political Consequences: Potential sanctions or trade restrictions from Western countries.
Diverse Political Systems: Difficulties in finding common ground with BRICS member countries on certain issues.
Concerns about Governance: Potential concerns about the rule of law, corruption, and human rights in some BRICS member countries.

Alternative Scenarios: Enhanced Bilateral Cooperation

Even if Mexico chooses not to formally join BRICS, it can still pursue closer economic and political ties with individual BRICS member countries. Saudi Arabia has joined Brics, the alliance of major developing countries, along with four other nations. The Saudi membership was due to start on 1 January, but there was a delay before it wasEnhanced bilateral cooperation could offer many of the same benefits as BRICS membership, without the potential risks of aligning with a bloc that challenges the Western-dominated international order.

Mexico already has strong trade and investment relationships with some BRICS nations, particularly China and Brazil.Strengthening these relationships could boost Mexican exports, attract foreign investment, and promote economic growth.Mexico could also explore opportunities for cooperation in areas such as technology, infrastructure, and education.

Examples of Enhanced Bilateral Cooperation:

Increased Trade with China: Expanding exports of Mexican goods and services to the Chinese market.
Investment from Brazil: Attracting Brazilian investment in key sectors of the Mexican economy.
Technology Collaboration with India: Partnering with Indian tech companies to develop innovative solutions.

By focusing on bilateral cooperation, Mexico can tailor its engagement with BRICS member countries to its specific needs and priorities.This approach offers greater flexibility and avoids the potential pitfalls of a formal alliance.

Conclusion: A Calculated Decision for Mexico's Future

The question of whether Mexico will join BRICS is a complex one with no easy answer.President López Obrador's current focus on strengthening ties within the Americas suggests that Mexico is unlikely to join in the immediate future. The BRICS group of major emerging economies - Brazil, Russia, India, China and South Africa - will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24.However, the evolving global landscape, Brazil's invitation to participate in the 2025 BRICS summit, and the upcoming Mexican general election all create uncertainty and the potential for a shift in policy.

Ultimately, the decision will depend on a careful calculation of the economic opportunities, geopolitical considerations, and potential risks. In recent years, the BRICS grouping Brazil, Russia, India, China, and South Africa has emerged as a major challenger to the Western-supported international order.[i] Led by major emerging market economies on five continents, BRICS has increased its influence over matters of global financial governance, reform of multilateral institutions, and support of a Global South agenda.A new administration might see BRICS membership as a valuable tool for promoting Mexico's economic and strategic interests. In an increasingly interconnected world, economic and geopolitical dynamics play a critical role in determining the course of nations. One of the most essential developments in this regard is consolidating the group of countries known as the BRICS (Brazil, Russia, India, China, and South Africa), representing a powerful alliance of emerging economies.Alternatively, Mexico could choose to pursue closer ties with individual BRICS member countries through enhanced bilateral cooperation.

Key Takeaways:

Mexico's current government is prioritizing economic ties within the Americas.
BRICS offers potential economic opportunities, including access to large and growing markets.
The decision to join BRICS involves navigating a complex geopolitical landscape.
The 2025 Mexican general election could lead to a reassessment of Mexico's stance on BRICS.
Enhanced bilateral cooperation could offer many of the same benefits as BRICS membership.

Whether Mexico ultimately joins BRICS or not, the country's engagement with the alliance will continue to be a topic of significant interest and debate. The US president has threatened to punish China and other BRICS nations, Mexico, Canada and German carmakers during his second term. DW recaps what punitive measures could be in store. Trade 01/20Its strategic location, economic strength, and diplomatic influence make it a key player in the evolving global order.The world will be watching to see how Mexico navigates this complex landscape and what choices it makes about its future.

Call to Action: Stay informed about the latest developments in Mexico's relationship with BRICS and share your thoughts on the potential implications in the comments below!