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Thailand's newly appointed Foreign Minister Maris Sangiampongsa reacts during a family photo session with new cabinet ministers at the Government House in Bangkok, Thailand, May 7, 2024.
REUTERS/Chalinee Thirasupa
June 17, 2024
Is Washington worried? Hardly. For all its ambitions of pushing the dollar out of its dominant trade position and aligning the Global South to mutual political goals, BRICS can’t match actions to rhetoric. The organization doesn’t even have a permanent secretariat to coordinate its activities, and its members often don’t see eye to eye.
Thailand isn’t the first US ally to join (Brazil was), and in January, BRICS expanded to include another major non-NATO ally, Egypt, as well as close US partners Ethiopia, Saudi Arabia, and the UAE.
So what’s the point? The impotence of BRICS makes joining a low-stakes gambit with some potential upside. It might help Thailand curry favor with China, its largest trade partner and most worrying military threat. But, if not, what has Bangkok really lost?
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