2023-08-24 10:22:35
South African President Cyril Ramaphosa announced Thursday that the Brics group has agreed to the entry of Argentina, Saudi Arabia, Egypt, Ethiopia, the United Arab Emirates and Iran as full members of the bloc.
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The expansion of the Brics group of countries was one of the main topics of the three-day summit in South Africa.
“As the five Brics members, we have reached an agreement on the guiding principles, standards, criteria and procedures of the Brics expansion process, President Ramaphosa said on the last day of the XV Summit of Heads of State and Government of the group in Johannesburg, which kicked off on Tuesday of this week.
BRICS is a diverse group of nations.
It is an equal partnership of countries that have differing views but a shared vision for a better world.
As the five #BRICS members, we have reached agreement on the guiding principles, standards, criteria and procedures of the #BRICS…
— Cyril Ramaphosa ���� (@CyrilRamaphosa)
August 24, 2023
During his speech, the South African president pointed out that there is “a consensus on the first phase of this expansion process.”
Ramaphosa indicated that the invited countries will become full members of the Brics from January 1, 2024.
BRICS-Africa Outreach and BRICS Plus Dialogue#BRICSZA ��������������������#BetterAfricaBetterWorld ��
— Cyril Ramaphosa ���� (@CyrilRamaphosa)
August 24, 2023
The expansion announcement was made by President Ramaphosa in company with the presidents of Brazil, Luiz Inácio Lula da Silva; China, Xi Jinping; the Prime Minister of India, Narendra Modi, and the Russian Minister of Foreign Affairs, Sergei Lavrov, representing President Vladimír Putin.
Following the words of the South African leader, President Lula da Silva welcomed new members of the Brics group.
Lula da Silva indicated that the diversity of the Brics group strengthens the struggle for a new order that adjusts to the economic, geographical and political plurality of the 21st century.
The relevance of the BRICS is confirmed by the growing interest shown by other countries in joining the group. As President Ramaphosa indicated, it is with satisfaction that Brazil welcomes the BRICS to Saudi Arabia, Argentina, Egypt, United Arab Emirates, Ethiopia and…
— Lula (@LulaOficial)
August 24, 2023
For his part, the president of China, Xi Jinping, described the expansion of the block as “a new starting point” for the interaction within the framework of the Brics and declared that it is “a historic day” for the group.
The Chinese leader added that the new members of the Brics will bring a “new quality” to the group’s interaction mechanism.
According to Xi Jinping, the move to invite new members shows the determination of the Brics countries to expand their internationalization.
Brazil, Russia, India and China created the Brics group in 2006, which South Africa joined in 2010 by adding the letter S to the acronym.
The block represents more than 42 percent of the world’s population and 30 percent of the planet’s territory, as well as 23 percent of the gross domestic product (GDP) and 18 percent of world trade.
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#Brics #admit #Argentina #Saudi #Arabia #Egypt #Ethiopia #Emirates #Iran #News #teleSUR
