G-7 vs BRICS

Competition between economic groups is becoming a very topical topic, as BRICS has announced a higher per capita domestic product (GDP), while the G-7 itself has it. The division into economic groups is becoming even more topical, as war zones are emerging inside and outside individual economic groups, and such a state of war can be described as an economic or trade war.

In addition to the USA (United States of America), Canada and Japan and Great Britain, the G-7 also consists of France, Germany and Italy. According to the latest data, their global GDP share is between 29 and 30%.

BRICS was originally founded by Brazil, Russia, India and China, and later South Africa joined them. The name of the economic group is also made up of the initials of the names of the BRICS member states. Recently, Egypt, Ethiopia, Iran, the United Arab Emirates and Indonesia have also joined them. In addition, BRICS also has partner countries such as Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan and Vietnam. Saudi Arabia is said to participate only in some activities and is still considering full membership. According to the latest data, almost half of the world's population lives in BRICS, which produces approximately 35-37% of the world's GDP.

In late February or early March 2026, Iran attacked many Arab countries, in addition to the already existing state of war with Israel, or military aid to the Palestinians. Namely, in addition to the American and British bases in Turkey and Cyprus and Great Britain and Israel, it is said to have attacked many Arab countries from Jordan, Qatar, Iraq, Bahrain, Kuwait, Lebanon and the BRICS member United Arab Emirates and Saudi Arabia, which is not yet a full member. If we add Oman and Lebanon and Yemen with the Houthis, who are also said to be attacking American and British merchant ships, the entire Arabian Peninsula is in a state of war. This is precisely why international trade is also blocked on both sides of the peninsula, or rather, the sea, air and land trade routes that led not only outside the BRICS economic bloc, which heralds the end of the dominance of the US dollar, but also between the individual blocs, or between the BRICS and the G-7, are blocked. Similar to this situation is Iran's latest demand for Arab countries to suspend trade or economic cooperation or oil supplies, not only with the US, but also with other G-7 members.

Thus, the question of who is the strongest global economic power that will dictate trade or, in general, economic cooperation to others will be a burning issue in all diplomatic and peace negotiations for the so-called peace in the Middle East, as well as on a global scale.

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