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BRICS more than doubles number of members

Six more nations have been approved to join the bloc of rising world powersBRICS more than doubles number of members

BRICS more than doubles number of members

Six nations will become full-fledged members of the BRICS group of nations starting January 2024, after their candidacies were approved by leaders of the current member states, South African President Cyril Ramaphosa has announced. The expansion topped the agenda of the summit in Johannesburg this week.

Argentina, Ethiopia, Egypt, Iran, Saudi Arabia, and the United Arab Emirates were welcomed as new members on Thursday. The bloc currently consists of Brazil, Russia, India, China, and South Africa.

“We value the interest of other countries in building a partnership with BRICS. We’ve tasked our foreign ministers to further develop the BRICS Partners Country model and a list of prospective partner countries,” the South African leader added.

BRICS previously expanded only once in 2010, when South Africa joined the organization. The admission was made without any prerequisites. One of the key goals of this year’s summit was to agree to more formal criteria for new candidates.

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Russian President Vladimir Putin, whose nation will take the rotating BRICS presidency next year, thanked the host of the summit for his contribution to the outcome.

“President Ramaphosa has shown amazing diplomatic skill in reconciling all positions… regarding the expansion of BRICS,” he said.

The group touts itself as an alternative to Western-dominated international institutions, saying that its approach better reflects the emerging multipolar world. Member states have blamed the US and its allies for abusing their position during the moment of unipolarity, which they enjoyed following the collapse of the Soviet Union. As Western influence dwindled, its leaders leveraged tools under their control, such as the dollar, to protect its hegemonic position, BRICS members claim.

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