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

By
Prnigeria
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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:

  • WPRD 2025: PRCAN Chair Nkechi Ali-Balogun Urges PR Practitioners to Be Bridge-Builders
  • Prof Saudat Abdulbaqi Makes History as First Female Dean of UniIlorin’s FCIS
  • Oba Sikiru Adetona: The Day Ijebu Lost Its Lion By Tahir Ahmad

 

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.

 

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WPRD 2025: PRCAN Chair Nkechi Ali-Balogun Urges PR Practitioners to Be Bridge-BuildersProf Saudat Abdulbaqi Makes History as First Female Dean of UniIlorin's FCISOba Sikiru Adetona: The Day Ijebu Lost Its Lion By Tahir AhmadBuhari: The Soldier Who Couldn't Conquer Democracy By Umar Farouk BalaTroops Eliminate 5 Terrorists, Seize Arms, Rescue 11 Kidnap VictimsNSCDC Reads Riot Act Against Illegal Mining, Deploys Special Task Force NationwideLagos Police Deploy Anti-Cultism Squads to Strengthen SecurityLagos Police Bust N500m Visa Scam Syndicate, Arrest 4 SuspectsOn World PR Day, NIPR Charts Bold Path to National Renewal‘Buhari Had Never Met Me Before Appointing Me’ — Gen. Irabor Pays Emotional Tribute to Late PresidentTürkiye Warns of ‘Fethullah’ Terrorist Group’s Presence in NigeriaBuhari Laid to Rest in Daura as Tinubu, Shettima, World Leaders Pay Final RespectsPolice Nab Suspects Over Killing of Chinese National, Arrest 2 Others in PlateauBREAKING: Nigeria Bids Farewell as Former President Muhammadu Buhari Laid to Rest in DauraLagos Police Arrest Suspected Armed Robber, Recover AK-49 Rifle
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