• Contact Us
  • About Us
Wednesday, May 13, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

BRICS Invites Saudi Arabia, Ethiopia, UAE, 3 Others To Join Alliance

metro by metro
August 24, 2023
in News
0
BRICS Invites Saudi Arabia, Ethiopia, UAE, 3 Others To Join Alliance
0
SHARES
0
VIEWS

 

 

Read Also

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 

UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes

NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections

 

The BRICS Group has extended membership invitation to six countries – Argentina, Egypt, Iran, Ethiopia, Saudi Arabia, and the United Arab Emirates – to become new members of the bloc.

South African President Cyril Ramaphosa disclosed this during the ongoing 15th BRICS Summit.

Expanding the membership of the BRICS bloc – which currently includes Brazil, Russia, India, China, and South Africa – has been a key focus during a three-day summit in Johannesburg which concludes today.

Despite all BRICS members indicating approval of the bloc’s expansion, there have been differences among leaders regarding the extent and pace of growth.

South Africa’s Foreign Minister, Naledi Pandor speaking on Wednesday said BRICS leaders had agreed on mechanisms for considering new members.

“We have agreed on the matter of expansion,” she told a radio station run by her ministry.
“We have a document that we’ve adopted which sets out guidelines and principles, processes for considering countries that wish to become members of BRICS…That’s very positive.”

However, a BRICS member country official told Reuters that the leaders had not yet signed a finalized admission framework.

The 15th summit of the BRICS group, comprising Brazil, Russia, India, China, and South Africa, is taking place in Johannesburg from August 22 to August 24.

ALSO READ:Nigeria’s Naira Resumes Free Fall, Depreciates To N890/$ At parallel Market

Established in 2009 as an informal alliance, the BRICS group (which was initiated by Russia) is aimed at providing a platform for its members to counter the dominance of the United States and its Western allies in the global order.

It’s important to note that the BRICS group is not a formal multilateral organization like the United Nations, World Bank, or the Organization of the Petroleum Exporting Countries (OPEC).

Annually, the heads of state and government from the member nations gather, with each nation holding the group’s rotating chairmanship for a year.

 

Previous Post

Nigeria’s Naira Resumes Free Fall, Depreciates To N890/$ At parallel Market

Next Post

ASUU Threatens Fresh Strike Over FG’s Failure To Release Members’ Promotion Arrears

Related Posts

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 
News

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 

May 13, 2026
UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes
News

UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes

May 13, 2026
NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections
News

NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections

May 13, 2026
Crisis Rocks Lagos APC Over Alleged Imposition Of Candidates
News

Tinubu, Fubara, Uzodimma, Other APC Govs, Senators, Reps Know Fate Today As Rumours Of Defections Grow

May 13, 2026
Next Post
ASUU Blasts COPSON Over Comments On Collective Bargaining, Expresses Commitment To Quality Education

ASUU Threatens Fresh Strike Over FG’s Failure To Release Members’ Promotion Arrears

President Tinubu Addresses Joint Sitting Of NASS Wednesday, May 29, 2024.

Tinubu Says Nigeria Will Spend About $11.6bn On Debt Servicing In 2026, Insists Country Will Continue To Borrow Responsibly

May 13, 2026
Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

May 13, 2026
Debt Management Office

DMO Announces ₦600bn FGN Bond Auction For May 2026

May 13, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version