Saudi Arabia, Argentina, Egypt, Ethiopia, Iran and United Arab Emirates will become full members of the BRICS group in January.
Saudi Arabia, Argentina, Egypt, Ethiopia, Iran and United Arab Emirates will become full members on January 1, said South Africa’s President Cyril Ramaphosa in a joint press conference of the BRICS leaders on Thursday at their annual summit in Johannesburg. The enlisting of new members was agreed by the leaders of Brazil, Russia, India, China and South Africa . It will be the first expansion since 2010..
Saudi Arabia has “efficient tools and a responsible role to stabilise the energy market,” the kingdom’s Foreign Minister Faisal bin Farhan said at the BRICS summit.He told the audience that his nation looks forward to further developing economic and financial relations and emphasised cooperation to tackle common challenges.
“I have come to Johannesburg with a simple message: in a fracturing world with overwhelming crises, there is simply no alternative to cooperation,” he told the summit. “We cannot afford a world with a divided global economy and financial system; with diverging strategies on technology including artificial intelligence; and with conflicting security frameworks.”
Russian President Vladimir Putin addressed the BRICS summit by video, one day after a plane crash that presumably killed the head of the mercenary Wagner Group.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brics to admit six new countries to bloc including Iran and Saudi ArabiaArgentina, Ethiopia, Egypt and UAE also to join club of large emerging economies in major expansion
Read more »
BRICS weigh up bloc expansion amid tensions with West, ambitions for global SouthLeaders of the BRICS nations have converged in Johannesburg for a summit aimed at expanding the bloc's membership and solidifying its role as a counterweight to Western influence.
Read more »
Confrontation hangs in the air at BRICS summit after addresses by Putin, XiXi Jinping and Vladimir Putin’s words to the opening of the three-day summit in South Africa were combative and had one particular other country in mind.
Read more »
Confrontation hangs in the air at BRICS summit after addresses by Putin, XiXi Jinping and Vladimir Putin’s words to the opening of the three-day summit in South Africa were combative and had one particular other country in mind.
Read more »
Confrontation hangs in the air at BRICS summit after addresses by Putin, XiXi Jinping and Vladimir Putin’s words to the opening of the three-day summit in South Africa were combative and had one particular other country in mind.
Read more »
Putin defends invasion of Ukraine in Brics summit addressRussian president seeks to rally leaders meeting in South Africa to Moscow’s side by blaming west
Read more »