At the forthcoming summit, leaders are expected to discuss the BRICS group’s expansion, including the admission criteria and the guiding principles, Carlos Maria Correa, executive director of the South Center.Algeria is among the latest countries to show their interest. “We officially applied to join the BRICS group, and we sent a letter asking to be shareholder members in the bank (New Development Bank),” Ennahar TV, an Arabic broadcaster, quoted Algerian President Abdelmadjid Tebboune as saying on July 22. Several emerging economies, for instance, are financially distressed due to the IMF’s stringent economic policies, said Deutsche Welle, Germany’s state-owned broadcaster. It noted that the New Development Bank and the BRICS Contingent Reserve Arrangement could support economies with payment difficulties. Should the G7 be worried of about the BICS expansion