• 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:

  • Nigeria, Saudi Arabia Seal 5-Year Defence Pact on Training, Intelligence
  • Senate Approves Tinubu’s Request to Deploy Nigerian Troops to Benin After Failed Coup
  • GGT Nigeria Commemorates Anti-Corruption Day, Urges “Whole-of-Society” Approach Focused on Youth

 

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

UPDATE: NAF Clarifies Jet’s Precautionary Landing Amid Geopolitical Tensions in Burkina Faso

NAF Airstrike fighter jets

NAF jet forced to land in Burkina Faso, authorities give reasons

US Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted Schoolchildren

NSCDC Busts Human Trafficking Syndicate and Rescued Victims

NSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel 

Chief of the Naval Staff, Vice Admiral Idi Abbas

Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime Security

WiPHLA Launches Initiative to Boost Women Leadership in African Public Health

Customs Intercepts Boats, 184,000 Litres of PMS in Adamawa

Bandits enclave after being bombarded by Army, NAF

Army Eliminates 11 Terrorists, Recovers Weapons in Precision Ambush in Sokoto

REVEALED: How Nigeria’s Military Saved Benin’s 35-Year Democracy, Tinubu Salutes Armed Forces 

NAF Airstrike fighter jets

NAF Sustains Operations in Republic of Benin Following Failed Coup Attempt

Comptroller-General of Customs, Adewale Adeniyi, at his first meeting as Chairperson of the World Customs Organisation (WCO) Council,

Adeniyi Leads 93rd WCO Policy Commission, Boosts Nigeria’s Global Customs Standing

Army Chief, the Commandant AFCSC, Air Vice Marshal Hassan Idris Alhaji,

Insecurity: COAS Launches Wargaming Hub, Commissions 250 Combat-Ready Officers in Security Emergency Drive

Recent Posts

  • COAS Decorates Army Spokesperson with Colonel Rank
  • Nigeria, Saudi Arabia Seal 5-Year Defence Pact on Training, Intelligence
  • Senate Approves Tinubu’s Request to Deploy Nigerian Troops to Benin After Failed Coup
  • GGT Nigeria Commemorates Anti-Corruption Day, Urges “Whole-of-Society” Approach Focused on Youth
  • Adamawa Clash: Army Explains Operation, Refutes Claim of Shooting Women Protesters
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
COAS Decorates Army Spokesperson with Colonel RankNigeria, Saudi Arabia Seal 5-Year Defence Pact on Training, IntelligenceSenate Approves Tinubu’s Request to Deploy Nigerian Troops to Benin After Failed CoupGGT Nigeria Commemorates Anti-Corruption Day, Urges "Whole-of-Society" Approach Focused on YouthAdamawa Clash: Army Explains Operation, Refutes Claim of Shooting Women ProtestersUPDATE: NAF Clarifies Jet’s Precautionary Landing Amid Geopolitical Tensions in Burkina FasoNAF jet forced to land in Burkina Faso, authorities give reasonsUS Lawmakers Hail Security Breakthrough After Abuja Talks, Commend Rescue of 100 Abducted SchoolchildrenNSCDC Busts Human Trafficking Syndicate, Rescues 14 Women Bound for Egypt, Israel Navy Launches Annual Sea Exercise “Eru Obodo 2025” to Boost Maritime SecurityWiPHLA Launches Initiative to Boost Women Leadership in African Public HealthCustoms Intercepts Boats, 184,000 Litres of PMS in AdamawaUN Women Recognizes Nigeria’s Youngest Lawmaker, Rukayat Shittu, as Global Emerging LeaderArmy Eliminates 11 Terrorists, Recovers Weapons in Precision Ambush in SokotoTroops Foil Robbery, Rescue Hostages, Recover Weapons in Taraba
X whatsapp