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BRICS welcomes new members in push to reshuffle world order. Carien du Plessis , Anait Miridzhanian and Bhargav Acharya. August 24, 2023 at 2:37 PM.
BRICS countries committed to study the feasibility of a new common currency or similar, at the 2023 BRICS summit in South Africa. [ 119 ] [ 120 ] [ 121 ] Fair and easier international trade , as well as a major reduction in costs of transactions , would be some of the reasons for the countries to forge a currency union.
Six new countries including Saudi Arabia have been invited to join the Brics bloc of developing nations, South Africa has announced, after three days of closed-door discussions between members ...
In December 2021, the NDB admitted Egypt as a new member. [35] Algeria formally presented a request to join after the Algerian president visit to China in 2023, and was admitted as a member in 2024. [36] Algeria officially has been given membership status of the BRICS New Development Bank (NDB) in September 2024. [37]
The 2023 BRICS summit was the fifteenth annual BRICS summit, an international relations conference attended by the heads of state or heads of government of the five member states: Brazil, Russia, India, China, and South Africa. [2] [3] South African President Cyril Ramaphosa also invited the leaders of 67 countries to the summit. [4]
The bloc of emerging market nations known as BRICS—which currently includes Brazil, Russia, India, China, and South Africa—is expanding its membership for the first time since 2010.
This is a list of representative leaders of BRICS states at each BRICS Summit since the group's inception in 2009. This article needs additional citations for verification . Please help improve this article by adding citations to reliable sources .
The BRICS group of nations is inviting six countries — Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the United Arab Emirates — to become new members.