Morocco applies for BRICS membership ahead of the summit

CAPE TOWN - South African Minister of International Relations and Cooperation Dr. Naledi Pandor has said that the Kingdom of Morocco has formally applied to join the BRICS group of emerging economic powers.

This comes at a time when South Africa prepares to host the upcoming BRICS Summit, which is taking place from the 22nd to the 24th of August in Johannesburg,

She said that “The current geopolitical context has driven renewed interest in BRICS membership as countries of the global South look for alternatives in a multi-polar world” and noted that Rabat has now submitted a formal membership application. Other African countries – Algeria, Egypt, Ethiopia, Nigeria, and Senegal – have reportedly expressed interest in joining.

Morocco’s move to join BRICS – which currently consists of Brazil, Russia, India, China, and South Africa – comes at a time when Moscow in particular has taken steps to further its influence in North Africa. Earlier in August, the Kremlin announced that negotiations have begun on drafting a free trade agreement between the Eurasian Economic Union (EAEU) and four North African countries, including Morocco.

Imad Harb, director of research and analysis at the Arab Center in Washington DC, says that Morocco’s application suggests “Morocco is sending a message politically that it does not have to be beholden to its ties to the West and is seeking alternative partners”. 

Harb tells African Business that this could also be an important economic development for Morocco as the country “is seeking more investment from BRICS, especially China, and more bilateral trade relations.”

“Morocco wants to benefit from the Belt and Road Initiative (BRI), especially because its economy is a bit more modern than others on the African continent,” Harb adds, while “China can also benefit from phosphate exports.”

Ahmed Aboudouh, associate fellow at Chatham House and a non-resident fellow with the Atlantic Council, also says that “economically, BRICS membership for Morocco means a lot.”

“It would facilitate more direct investments in the Moroccan market, more trade, and more additional financing and borrowing platforms on favourable terms. In addition, it gives an unprecedented opportunity for Moroccan businesses to access some of the world’s biggest markets. Morocco would also benefit from importing high-tech from China and India as part of its bid to become a leading African technological hub,” Aboudouh tells African Business.

He also adds that “politically, it would cement Moroccan ties with heavyweights like China, India, and Russia and serve as a recognition of Morocco as a rising middle power on the international stage.”

However, it would be an overstatement to suggest that Morocco is diplomatically aligning with China and Russia at the expense of its Western relationships. Aboudouh says that “nobody in North Africa is suggesting that this is part of a realignment strategy.”

“The US and France are, and will remain, the region’s biggest external political and security players,” Aboudouh says. “This is not about choosing between BRICS or Western cheques.”

Harb also believes that “joining BRICS today is no more than a cost-free hedging move by states trying to find a potential alternative to the US-dominated international system.”

GAROWE ONLINE