The three-day-long BRICS Summit 2023 in Johannesburg, South Africa, was dominated by the talks of expansion. Among 23 countries that applied for membership, Saudi Arabia, Iran, Argentina, Egypt, Ethiopia, and the United Arab Emirates have been invited to join the bloc. On the final day of...
'A new chapter for developing countries' South African President Cyril Ramaphosa told the summit: "BRICS has embarked on a new chapter in its effort to build a world that is fair, a world that is just, a world that is also inclusive and prosperous." "This membership expans...
One key outcome of the15th Brics summit, hosted by South Africa, is the decision to invite six more countries to join the group with effect from January 2024. They are Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates. All six hadappliedfor membership. The enlargem...
BRICS, an alliance of emerging economies, has invited six countries to join their coalition, a move that intensifies the challenge the group poses to the West's economic dominance and the power of the dollar.1 KEY TAKEAWAYS BRICS has invited six new countries, including Saudi Arabia and Iran,...
Brazilian President Luiz Inacio Lula da Silva remarked that the relevance of the BRICS is demonstrated by the growing interest of other countries to "join our group." The addition of new members would strengthen the group and increase confidence in the idea of multipolar world order, according to...
countries are highly consistent with Indonesia's diplomatic stance. "Indonesia's application to join BRICS is not about choosing to stand in a specific camp, but about hoping to use this platform to speak more freely for countries in the global South and promote the maintenance of common ...
The start of a possible BRICS expansion is also being discussed, with many countries expressing readiness to join the group. In an online meeting in May, BRICS foreign ministers supported advancing the process of BRICS expansion and indicated that further discussions would be held on this issue. ...
《SFC Markets and Finance》: We will have more countries join into the BRICS. What's your comment? Anil Sooklal: Firstly, we are very thankful to China as South Africa, because when BRICS first started meeting at the level of Summit in 2009, in Russia, there were just four countries. ...
CAPE TOWN (Reuters) - Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday. A multilateral development bank, the NDB was established by the BRICS group of developing countries - Brazil, Russia, India,...
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