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Saudi Arabia was invited to join at the 15th BRICS summit, but has not yet formalised its approval to become a BRICS member. [ 9 ] While Egypt , Ethiopia , Iran , and the United Arab Emirates were not admitted as members during the 15th BRICS summit, they were among 22 countries applying for membership.
On 6 January 2025, Indonesia joined BRICS officially as a full member, [71] making it the first Southeast Asian state to join the bloc, as well as the 10th member of BRICS. Jakarta's bid got the green light from the bloc in 2023, but the Southeast Asian country asked to join following the presidential election held in 2024 .
The BRICS alliance — which is composed of Brazil, Russia, India, China and South Africa — is set to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to join ...
Six new BRICS countries were invited during the 2023 summit last August. Among those invited only Argentina declined to join, following the election of a new far-right administration.
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.
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 idea of creating a BRICS common currency to rival the dollar has long been on the agenda of the emerging-market nations in the bloc. 6 new nations are set to join BRICS.
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] Potential or prospective members include Colombia, Honduras, and Zimbabwe. [38] [39] [40]