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EU won't take them. Brazil is part of the BRICS and I would hardly call it a dictatorship. The BRICS are currently working on an alternative to the IMF and World Bank which are beholden to Western powers. In addition, an alternative to the SWIFT payment system. The bank would be a consortium of nations lending money and there by reducing the risk, say like China from absorbing it all. Plus, it can compete against Western institutions.

They've also discussed an international currency that is only traded among governments, similar to what John Maynard Keynes once suggested. But its a way long off before they can put that together and need more member nations.