BRICS

NEW DELHI: Last year saw an unexpected development in geopolitics with the expansion of BRICS, as five new nations were welcomed into the fold: Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. However, the invitation extended to Ethiopia was particularly surprising, given its status as an unconventional BRICS contender. Just before 2024, Fitch downgraded Ethiopia […]

NEW DELHI: After receiving expansion invitations at the 2023 annual summit, Saudi Arabia is now confirmed to become a member of the BRICS alliance. South Africa’s Foreign Minister, Naledi Pandor, has officially announced the inclusion of Saudi Arabia and the four other invited nations. At the beginning of 2024, questions surfaced about Saudi Arabia’s position […]

NEW DELHI: The BRICS consortium, a vital forum for emerging markets and developing nations, has officially welcomed five new members—Egypt, Iran, Saudi Arabia, Ethiopia, and the UAE. Their integration into the group took effect on January 1, 2024, marking a significant expansion for the alliance originally formed by Brazil, Russia, India, China, and South Africa. […]

NEW DELHI: The BRICS group, a crucial platform for emerging markets and developing nations, has formally embraced five additional members: Egypt, Iran, Saudi Arabia, Ethiopia, and the UAE. Their inclusion became effective on January 1, 2024, signifying a noteworthy expansion for the coalition initially established by Brazil, Russia, India, China, and South Africa. This expansion […]

NEW DELHI: The BRICS group, a crucial platform for emerging markets and developing nations, has formally embraced five additional members: Egypt, Iran, Saudi Arabia, Ethiopia, and the UAE. Their inclusion became effective on January 1, 2024, signifying a noteworthy expansion for the coalition initially established by Brazil, Russia, India, China, and South Africa. This expansion […]

NEW DELHI: On January 1, 2024, BRICS welcomed five new nations into its fold, namely Saudi Arabia, the UAE, Egypt, Iran, and Ethiopia. Despite receiving an invitation in August of the previous year, Argentina opted not to join BRICS. With these additions, BRICS has expanded to a 10-member bloc now. Further expansion is anticipated at […]

NEW DELHI: The BRICS leaders have decided to extend invitations to five additional countries for membership in their alliance. South African President Cyril Ramaphosa, the host of the three-day summit in Johannesburg in August 2023, announced that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have received invitations to join the BRICS. […]

NEW DELHI: The BRICS leaders have decided to extend invitations to five additional countries for membership in their alliance. South African President Cyril Ramaphosa, the host of the three-day summit in Johannesburg in August 2023, announced that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have received invitations to join the BRICS. […]

NEW DELHI: The BRICS leaders have decided to extend invitations to five additional countries for membership in their alliance. South African President Cyril Ramaphosa, the host of the three-day summit in Johannesburg in August 2023, announced that Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) have received invitations to join the BRICS. […]

NEW DELHI: The world’s economic stage stands at the brink of a significant transformation, as the BRICS nations consider introducing a groundbreaking currency in 2024. This potential move signifies a crucial milestone in the bloc’s efforts to reduce reliance on the US dollar, sparking intense discussions among experts and analysts. The addition of five new […]