Kopar Khairane

Saudi Arabia will be invited to join BRICS, according to a report

<p>According to persons involved with the discussions, major emerging market countries are getting ready to extend an invitation to Saudi Arabia to join BRICS, Bloomberg News reported on Thursday. According to the source, the leaders of Brazil, Russia, India, China, and South Africa have decided to enlarge their group. This would be the first enlargement since 2010.<img decoding=”async” class=”alignnone wp-image-144071″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-saudi-arabia-will-be-invited-to-join-brics-according-to-a-report-download-2023-08-24t173959.497.jpg” alt=”theindiaprint.com saudi arabia will be invited to join brics according to a report download 2023 08 24t173959.497″ width=”1196″ height=”672″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-saudi-arabia-will-be-invited-to-join-brics-according-to-a-report-download-2023-08-24t173959.497.jpg 299w, https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-saudi-arabia-will-be-invited-to-join-brics-according-to-a-report-download-2023-08-24t173959.497-150×84.jpg 150w” sizes=”(max-width: 1196px) 100vw, 1196px” title=”Saudi Arabia will be invited to join BRICS, according to a report 3″></p>
<p>At a leader’s conference, BRICS is facing last-minute discussions that might have an impact on its growth ambitions and the goal to strengthen the power of the “Global South” on the international scene, according to news agency Reuters.</p>
<p>By allowing interested countries to join, the BRICS, which presently consists of Brazil, Russia, India, China, and South Africa, hopes to create a counterweight to Western hegemony. The article said that disagreements among the leaders on the scope and rate of growth had been a major subject during the Johannesburg summit.</p>
<p>Naledi Pandor, South Africa’s foreign minister, said that the BRICS presidents had agreed on expansion strategies. A government official with direct knowledge of the negotiations, however, told Reuters that a signed copy of the finalized entry framework is still pending.</p>
<p>Russia and China support BRICS growth as a means of opposing Western dominance. Brazil and India have been improving their connections with Western nations in the meanwhile. The various economic sizes and foreign policy goals of the BRICS nations have made consensus-based decision-making difficult, despite efforts to bring together and elevate the views of emerging economies.</p>
<p>22 countries have officially sought to join BRICS, out of the more than 40 countries that have indicated interest. Iran and Argentina are only two of the many nations that might run for president and all want to change the world order.</p>
<p>India has been certain that it is quite amenable to the grouping’s growth. In his statement to the plenary on Wednesday, Prime Minister Narendra Modi expressed support for the notion of the bloc’s enlargement.</p>
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