Brics to admit six new members next year
South African President Cyril Ramaphosa confirmed that BRICS would welcome near members beginning next year. — Pool via Reuters pic
Thursday, 24 Aug 2023 4:44 PM MYT
JOHANNESBURG, Aug 24 — South African President Cyril Ramaphosa announced today that the Brics club of emerging nations will admit six new members, including Saudi Arabia, UAE and Iran, at the start of next year.
“We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia, and the United Arab Emirates, to become full members of BRICS. The membership will take effect from the first of January 2024,” Ramaphosa told a summit in Johannesburg.
Calls to enlarge the Brics—Brazil, Russia, India, China and South Africa—had dominated the agenda at its three-day summit and exposed divisions among the bloc over the pace and criteria for admitting new members.
But the group, which makes decisions by consensus, had agreed on “the guiding principles, standards, criteria and procedures of the Brics expansion process”, said Ramaphosa.
Nearly two dozen countries had formally applied to join the club, which represents a quarter of the global economy and more than three billion people.
Some 50 other heads of state and government are attending the summit in Johannesburg, which concludes today. — AFP
Thursday, 24 Aug 2023 4:44 PM MYT
JOHANNESBURG, Aug 24 — South African President Cyril Ramaphosa announced today that the Brics club of emerging nations will admit six new members, including Saudi Arabia, UAE and Iran, at the start of next year.
“We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia, and the United Arab Emirates, to become full members of BRICS. The membership will take effect from the first of January 2024,” Ramaphosa told a summit in Johannesburg.
Calls to enlarge the Brics—Brazil, Russia, India, China and South Africa—had dominated the agenda at its three-day summit and exposed divisions among the bloc over the pace and criteria for admitting new members.
But the group, which makes decisions by consensus, had agreed on “the guiding principles, standards, criteria and procedures of the Brics expansion process”, said Ramaphosa.
Nearly two dozen countries had formally applied to join the club, which represents a quarter of the global economy and more than three billion people.
Some 50 other heads of state and government are attending the summit in Johannesburg, which concludes today. — AFP
Wakaka....the Club Of Doom
ReplyDeleteThe Argentine Republic - insolvent IMF basket case
The Arab Republic of Egypt - tough case
The Federal Democratic Republic of Ethiopia - quagmire in Tigre
The Islamic Republic of Iran - Ayatollah Land, waiting to swallow Saudi
The Kingdom of Saudi Arabia - scared shit od Ayatollah-land without the Wamkees
The United Arab Emirates - what happens when the oil and gas runs out ?
Wakakaka…
DeleteClub of doom?
These impending members have have their long long economi/political woes NO thanks to the long long association with the Yank's manipulating manoeuvres!
Joining the BRICS, is their ONLY way to free themselves from the evil shackles of the Yank!