• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy BRICS Admit Egypt, UAE, 3 Others New Members in January
  • Economy

BRICS Admit Egypt, UAE, 3 Others New Members in January

By
Prnigeria
-
December 30, 2023
BRICS Countries
BRICS Countries

BRICS Admit Egypt, UAE, 3 Others New Members in January

Five countries, Saudi Arabia, Iran, the United Arab Emirates, Ethiopia, and Egypt will join the BRICS group of emerging-market states on January 1, 2024.

South Africa’s ambassador to the bloc, Anil Sooklal, disclosed this in an interview on Friday.

The BRICS group, comprising Brazil, Russia, India, China, and South Africa, asked six other nations to join their alliance in August, with the goal of challenging the US-led global order.

Russia created the alliance in 2009, and it now represents 42% of the world’s population, 30% of the global geography, and 24% of global economic production.

 

The five invitees accepted the invitation by attending a BRICS sherpa summit earlier this month in Durban, South Africa, and are likely to send representatives to another meeting in Moscow on January 30.

Read Also:

  • Troops ‘Tactically Ambush’ Bandits on Kontagora Axis, Kill Scores, Recover Motorcycles in Niger State
  • ISWAP Appoints New Commander in Timbuktu Triangle After Julaibib’s Elimination by Military
  • Yelwata Killings: FG Arraigns 9 Suspects, Files 57-Count Terrorism Charges

 

Argentina, on the other hand, declined the offer after President Javier Milei, who took office this month, overturned his predecessor’s quest to join the club.

 

According to Russian Foreign Minister Sergey Lavrov, over 30 countries have expressed interest in developing links with the union.

 

Nigeria, Africa’s most populous country and largest economy, also hopes to join BRICS within the next two years, according to Foreign Minister Yusuf Tuggar in November.

 

However, Nigeria’s Vice President, Kashim Shettima, who attended the group’s meeting in South Africa, failed to demonstrate any concrete interest in becoming a member.

South African Foreign Minister Naledi Pandor said that the expansion of the alliance is driven by the desire for alternative arrangements to the existing global power balance.

 

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • BRICS
  • Ethiopia
  • Nigeria
  • UAE
Previous articleNaval operatives intercept vessel, nab 3 Europe-bound stowaways
Next articleLiberian Electoral Commission Honours Professor Yakubu
Prnigeria
Prnigeria

RELATED ARTICLESMORE FROM AUTHOR

Troops during the clean sweep in kaduna

Troops ‘Tactically Ambush’ Bandits on Kontagora Axis, Kill Scores, Recover Motorcycles in Niger State

NAF, Ground Troops Overrun Gwaska Dan Karmi’s Camp, Kill Scores of Bandits

Remain body of Top terrorist commander, killed by Nigerian troops after encounter

After Julaibib, Troops Kill Sambisa Deputy Commander Abu Khalid, 10 Terrorists in Borno

The Executive Secretary/CEO of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin (L), and the Director-General of the Nigeria Governors’ Forum (NGF), Dr. Abdulateef Shittu (R), striking a partnership agreement that will ease the growth of sugar projects and accelerate industrial development in states.

NSDC, NGF Strike Partnership on Accelerating Sugar Projects in States

Adewale Adeniyi Bashir, Comptroller General of Customs (CGC)

Customs Deepens Global Push for Innovation-Driven Trade Facilitation

Pantami, Associates Donate ₦45.2m to Support APC E-Registration Drive in Gombe

Femi Fani-Kayode FFK

Fani-Kayode Blasts ‘Enemies Within,’ Accuses Opposition of Exploiting Security Challenges for 2027 Ambitions

Former Buhari ADC, Mustapha Jokolo, Exonerates President Tinubu, Blames Northern Elite for Region’s Decay

Blood on the Soil: Land Dispute, ‘Fake’ Royal Letter Trigger Deadly Violence in Niger Community

Missing Loyalist: What Kwankwaso’s Absence Says About 2027 Opposition Calculations

Peter Obi, Gbenga Daniel, Others at Prof. Onigbinde book launch

Literary Giant at 70: Peter Obi, Gbenga Daniel, Others Gathers as Prof. Onigbinde Launches ‘The Stubborn Goat’

Army, troops from 23 Brigade Garrison, working alongside the police, NSCDC and DSS during the operation in Adamawa

Troops Kill 4 Terrorists, Rescue Abducted Cleric in Borno, Enugu

Recent Posts

  • Troops ‘Tactically Ambush’ Bandits on Kontagora Axis, Kill Scores, Recover Motorcycles in Niger State
  • ISWAP Appoints New Commander in Timbuktu Triangle After Julaibib’s Elimination by Military
  • Yelwata Killings: FG Arraigns 9 Suspects, Files 57-Count Terrorism Charges
  • Police Nab 19 Illegal Miners in Zamfara as Terrorists Kill 4, Abducts Charcoal Traders in Borno
  • Troops Kill 20 Bandits in Zamfara as Police Arrest 2 Personnel over Armed Robbery in Benue
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Troops 'Tactically Ambush' Bandits on Kontagora Axis, Kill Scores, Recover Motorcycles in Niger StateISWAP Appoints New Commander in Timbuktu Triangle After Julaibib’s Elimination by MilitaryYelwata Killings: FG Arraigns 9 Suspects, Files 57-Count Terrorism ChargesPolice Nab 19 Illegal Miners in Zamfara as Terrorists Kill 4, Abducts Charcoal Traders in BornoTroops Kill 20 Bandits in Zamfara as Police Arrest 2 Personnel over Armed Robbery in BenueConfronting Street Extortion and Urban Disorder in Lagos By Adebisi Adams OyeshakinNAF, Ground Troops Overrun Gwaska Dan Karmi’s Camp, Kill Scores of BanditsAfter Julaibib, Troops Kill Sambisa Deputy Commander Abu Khalid, 10 Terrorists in BornoNSDC, NGF Strike Partnership on Accelerating Sugar Projects in StatesCustoms Deepens Global Push for Innovation-Driven Trade FacilitationPantami, Associates Donate ₦45.2m to Support APC E-Registration Drive in GombeFani-Kayode Blasts ‘Enemies Within,’ Accuses Opposition of Exploiting Security Challenges for 2027 AmbitionsFormer Buhari ADC, Mustapha Jokolo, Exonerates President Tinubu, Blames Northern Elite for Region’s DecayBlood on the Soil: Land Dispute, ‘Fake’ Royal Letter Trigger Deadly Violence in Niger CommunityMissing Loyalist: What Kwankwaso’s Absence Says About 2027 Opposition Calculations
X whatsapp