BRICS Announces Six New Members, Indonesia Not Included

By Editorial Team 25/08/2023
BRICS on global map
Summary

BRICS bloc comprising Brazil, Russia, India, China, and South Africa announced six countries as its new members, namely Saudi Arabia, the United Arab Emirates, Iran, Argentina, Egypt, and Ethiopia.

"[They will] become full members of BRICS, and the memberships will take effect from Jan 1, 2024," South African President Cyril Ramaphosa said as reported by AFP on Thursday.

South African Foreign Minister Naledi Pandor said BRICS leaders had agreed on mechanisms for considering new members so that dozens of countries across the Global South could potentially join the alliance. However, one of the BRICS member state officials, who attended the discussions, said leaders had yet to sign any final admissions framework for new members.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.