New BRICS member announced and no surprise, its Saudi Arabia
Following the 2023 BRICS annual summit, Saudi Arabia was invited to join the alliance. However, there were some concerns about whether or not the country would accept the invitation.
In early 2024, Saudi Arabia said that it had not yet accepted the invitation and was still considering the geopolitical implications of joining the alliance. However, South Africa's Foreign Minister Naledi Pandor has now confirmed that Saudi Arabia has officially joined BRICS.
The other four countries that were invited to join BRICS in 2023 have also accepted the invitation. They are the United Arab Emirates (UAE), Egypt, Ethiopia, and Iran.
Saudi Arabia's membership in BRICS is significant because it is a major oil producer and has close ties to the United States. Its inclusion in the alliance is seen as a sign that BRICS is becoming more influential on the global stage.
BRICS is a group of five major emerging economies: Brazil, Russia, India, China, and South Africa. The alliance was formed in 2001 with the goal of promoting economic cooperation and development. In recent years, BRICS has become increasingly active in global affairs, and its members have been working together to challenge the dominance of the United States and the West.
Saudi Arabia's membership in BRICS is likely to strengthen the alliance's economic and political clout. It is also likely to lead to closer cooperation between BRICS members on issues such as climate change, terrorism, and security.
In early 2024, Saudi Arabia said that it had not yet accepted the invitation and was still considering the geopolitical implications of joining the alliance. However, South Africa's Foreign Minister Naledi Pandor has now confirmed that Saudi Arabia has officially joined BRICS.
The other four countries that were invited to join BRICS in 2023 have also accepted the invitation. They are the United Arab Emirates (UAE), Egypt, Ethiopia, and Iran.
Saudi Arabia's membership in BRICS is significant because it is a major oil producer and has close ties to the United States. Its inclusion in the alliance is seen as a sign that BRICS is becoming more influential on the global stage.
BRICS is a group of five major emerging economies: Brazil, Russia, India, China, and South Africa. The alliance was formed in 2001 with the goal of promoting economic cooperation and development. In recent years, BRICS has become increasingly active in global affairs, and its members have been working together to challenge the dominance of the United States and the West.
Saudi Arabia's membership in BRICS is likely to strengthen the alliance's economic and political clout. It is also likely to lead to closer cooperation between BRICS members on issues such as climate change, terrorism, and security.