The BRICS economic bloc has agreed to add six members, thereby doubling its total membership. New members would include Iran, Saudi Arabia, UAE, Egypt, Ethiopia and Argentina.
BRICS announced Thursday that it would look to add six new members to its ranks: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and United Arab Emirates.
The discussions lasted for months, with China and India tabling rival proposals as to how to approach any expansion. Other members argued thatthat it considered allies and over which it could exert more influence while India looked to add more developing nations to the group and build up influence. The U.S. hit Iran with multiple sanctions in an effort to force its government to the negotiating table to resurrect the Joint Comprehensive Plan of Action – also known as the Iran nuclear deal – while also trying to curb its proxy activities in the region.
Russian President Vladimir Putin speaks via video link during a press conference on the closing day of the BRICS summit, August 24, 2023, in Johannesburg.A State Department spokesperson told Fox News Digital,"The United States reiterates its belief that countries may choose the partners and groupings with whom they will associate.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iran, Saudi Arabia, Egypt to join Russia and China in economic blocIt's the second time BRICS has decided to expand. The bloc was formed in 2009 by Brazil, Russia, India and China. South Africa was added in 2010.
Read more »
Emerging markets group BRICS invites 6 new members, including Saudi Arabia and IranThe BRICS economic coalition of emerging markets has decided to extend membership invitations to six nations, South African President Cyril Ramaphosa said.
Read more »
Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic blocIran and Saudi Arabia are among six nations invited Thursday to join the BRICS bloc of developing economies.
Read more »
Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic blocIran and Saudi Arabia are among six nations invited Thursday to join the BRICS bloc of developing economies.
Read more »
Argentina, Irán y Arabia Saudí, entre los 6 países invitados a unirse al bloque BRICSArgentina, Irán y Arabia Saudí estaban entre las seis naciones que fueron invitadas el jueves a unirse al bloque de economías en desarrollo BRICS.
Read more »