There are cracks in BRICS & trouble for India

Last week’s BRICS summit was bookended by some excitement over the possibility of the group expanding by accepting new members and reports that Argentina and Iran had applied for membership. What this obscures, however, is the fact that amid the evolving geopolitical situation, the BRICS mechanism appears to be undergoing an identity crisis. There is a deepening contradiction at the heart of the grouping, which is likely to result in extremely difficult choices for Indian foreign policy.