Iran, Saudi Arabia, UAE, Argentina, Egypt and Ethiopia set to join the BRICS

Iran, Saudi Arabia, UAE, Argentina, Egypt and Ethiopia set to join the BRICS

Daily Current Affairs   /   Iran, Saudi Arabia, UAE, Argentina, Egypt and Ethiopia set to join the BRICS

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Category : International Published on: August 25 2023

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  • In a significant geopolitical development, the BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, has announced the inclusion of six new member countries. 
  • This expansion marks a notable shift in the alliance’s composition and has the potential to reshape the dynamics of global cooperation.
  • President Cyril Ramaphosa of South Africa, the host nation of the recent BRICS summit, made a historic announcement on August 24th, revealing the names of the new entrants to the alliance. 
  • The expanded BRICS now welcomes Argentina, Iran, the United Arab Emirates, Saudi Arabia, Ethiopia, and Egypt into its fold.
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