Saturday, September 30, 2023

Saudi Arabia and Iran announced to join BRICS

The three-day annual summit of major emerging economies is taking place in South Africa

South African President Cyril Ramaphosa announced on Thursday that Saudi Arabia and Iran are among the six countries to join BRICS next year.

A three-day annual summit of major emerging economies is underway in the South African capital, Johannesburg, where members agreed to expand the bloc.

At the end of the meeting, South African President Cyril Ramaphosa announced on Thursday that Saudi Arabia and Iran are among the six countries that will join BRICS next year.

Ramaphosa said the group, comprising five major emerging economies China, Brazil, South Africa, Russia and India, had agreed on “guidelines, standards, criteria and methodology for the BRICS enlargement process” during their three-day annual summit in Johannesburg this week. Car” agreed.

In the first phase, Argentina, Egypt, Ethiopia and the United Arab Emirates will become full members of BRICS in January 2024, along with Saudi Arabia and Iran. Other steps will follow.

Ramaphosa said the core group of Brazil, Russia, India, China and South Africa had been discussing BRICS expansion for more than a year and invited new members after an agreement was reached at a summit this week. was done.

The group’s expansion is part of its plan to dominate and transform global governance into a “multipolar” world system that places the voices of the Global South at the center of the global agenda.

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