KEY POINTS
- The BRICS economic coalition of emerging markets has decided to extend membership invitations to six nations.
- The BRICS alliance — which presently reunites Brazil, Russia, India, China and South Africa — is set to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to join, Ramaphosa said in a speech published on the X social media platform, previously known as Twitter.
- South Africa is hosting the 15th BRICS summit.
The BRICS economic coalition of emerging markets on Thursday extended membership invitations to six nations, South African President and current BRICS Chair Cyril Ramaphosa said.
The BRICS alliance — which is composed of Brazil, Russia, India, China and South Africa — is set to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to join, Ramaphosa said in a speech published on the X social media platform, previously known as Twitter.
Their membership would take effect from Jan. 1, 2024.
