Turning point: Saudi Arabia, Egypt, Iran, Ethiopia and the United Arab Emirates join BRICS in January 2024.

The group of countries with rapid economic development, or BRICS, is preparing to receive new members: “Saudi Arabia, Egypt, the United Arab Emirates, Iran, and Ethiopia,” while Argentina is preparing to reject this opportunity.

Anil Sokal, South Africa's ambassador to BRICS, told Bloomberg that the five countries were invited to attend the meeting BRICS Sherpa is held in Durban.South Africa At the beginning of last December, representatives were sent to participate. Acceptance of the invitation and participation is considered complete.

New Member StateBriggs It is also planned to send officials to the next Sherpa meeting of the BRICS countries, which will be held in Bangkok.Moscow On January 30, 2024, this is a significant change.allianceBriggs Group

BriggswillExpand membership With Saudi Arabia, Egypt, the United Arab Emirates, Iran and Ethiopia joining the group in January.

In August last year, the current BRICS member states – Brazil, Russia, India, China and South Africa – invited six countries to join. This process has the goal of connecting manufacturersenergyThe largest in the world with a large number of consumersDeveloping countries together

But Javier Milley, presidentArgentinaThe new man refused to join Briggs. This is considered a change in position according to the previous Argentine government.

Jim O'Neill, an economist who formerly worked at Goldman Sachs, was said at the time: a union of Brazil, Russia, India andChina Briggs established There is a Purpose for Students.investOptimism during the post-September 11 market crash

In 2009, the groupBriggsThe first leadership meeting was held and one year later it was addedSouth AfricaBecome a member, hence the “S”, which includes other groups, regions, and countries. With Briggs

However, former Foreign Minister Sergei LavrovRussia He said that there are now 30 countries wishing to establishrelationsWith the BRICS group, in addition, it was announced by Yusuf Tugard, the Nigerian Minister of Foreign Affairs, that Nigeria intends to join the BRICS within the next two years.

source: Bloomberg

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