South African President Cyril Ramaphosa today announced the entry of Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates into the BRICS group of emerging economies (Brazil, Russia, India, China and South Africa).
“We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the United Arab Emirates to become full members from 1 January 2024. ‘, he announced.
The South African leader spoke at a joint press conference in Sandton following the discussions of the 15th BRICS Heads of State and Government Summit, which ended today in Johannesburg, South Africa.
Despite all BRICS members publicly stating their support for the group’s growth, there has been disagreement among leaders over how much and how quickly it should expand, according to Reuters.