BRICS declaration 'to set new world order'

That's according to David Monyae, the Co-Director of University of Johannesburg-based Centre for Africa-China Studies.

His comments follow BRICS' decision to invite six more nations to join the group as members from January.

Half of them are oil-producing countries.

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Monyae, who's also Associate Professor of Political Science and International Relations, says the BRICS will move from a small elite group, to a more powerful one.

"Iran for instance is a member and Iran is under enormous sanctions from western countries, but within the BRICS I think Iran will be somehow protected by BRICS countries. 

"Therefore, all the issues of United States and western countries weaponising ambitions of the dollar, weaponising using sanctions might come to an end."

Monyae says Nigeria, Morocco, Indonesia, Algeria and more African countries are likely to be admitted to BRICS in the next round of negotiations.

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"The chances are that there will be more countries joining. This is going to be a gradual approach. You cannot ignore a country such as Nigeria, the largest economy on the continent with great potential and more to contribute to BRICS and the African continent. 

"You can't ignore a country such as Indonesia and you have to consider them in one way or another and therefore looking at the manner in which they negotiated to have these six countries, chances are extremely high that on the sideline at a bilateral level whether its India, Russia, China, Brazil or South Africa behind the scenes they are constantly negotiating a path way to ensure that these countries are brought on board."