South African President Cyril Ramaphosa announced on Thursday that the emerging BRICS club will welcome six new members, including Saudi Arabia, the United Arab Emirates, and Iran, at the start of next year.
Publish dateThursday 24 August 2023 - 17:03
Calls to enlarge the BRICS - Brazil, Russia, India, China and South Africa - had dominated the agenda at its three-day summit and exposed divisions among the bloc over the pace and criteria for admitting new members.
But the group, which makes decisions by consensus, had agreed on “the guiding principles, standards, criteria and procedures of the BRICS expansion process,” said Ramaphosa.
Nearly two dozen countries had formally applied to join the club, which represents a quarter of the global economy and more than three billion people.
Some 50 other heads of state and government are attending the summit in Johannesburg, which concludes on Thursday.
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