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BRICS Announces ‘Historic’ Admission of Six New Members

BRICS leaders announced on Thursday the “historic” admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order.

The BRICS — Brazil, Russia, India, China and South Africa — agreed at their annual summit to make Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates full members from January 1.

“This membership expansion is historic,” said Chinese President Xi Jinping, whose nation is the most powerful in the group of non-Western states that represents a quarter of the world’s economy.

“The expansion is also a new starting point for BRICS cooperation. It will bring new vigour to the BRICS cooperation mechanism and further strengthen the force for world peace and development”.

Ethiopian Prime Minister Abiy Ahmed hailed what he called “a great moment” for his country, the second-most populous in Africa.

“Ethiopia stands ready to cooperate with all for an inclusive and prosperous global order,” he said on X, formerly known as Twitter.

In Iran, senior presidential advisor Mohammad Jamshidi described the move as a “historic development and a strategic success” for Tehran’s foreign policy.

 

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