EU Invest €7.4 billion to Split up BRICS: Is European Union afraid of BRICS?
The European Union has pledged a €7.4 billion aid package to Egypt, the EU Commission announced, aimed at bolstering the country’s economy and decreasing its reliance on Russian gas. What’s the primary motive for the EU’s financial aid to Egypt, especially at such a pivotal moment? This decision by the EU appears to be a strategic maneuver with both economic and political dimensions, indicating a strong desire to deepen connections with Egypt and potentially draw it closer to the EU rather than to the BRICS alliance. Essentially, this could be interpreted as the EU’s attempt to weaken the unity of the BRICS nations by swaying one of its key regional partners. In this discussion, we’ll explore how the EU’s actions might impact the cohesion of the BRICS group and the broader Global South.
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