The President of South Africa, Cyril Ramaphosa, announced on Thursday 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, effective January 1, 2024 . ,” ad.
The South African leader spoke at a joint press conference in Sandton on the results of the deliberations of the XV BRICS Summit of Heads of State and Government, which concluded today in Johannesburg, South Africa.
Ramaphosa said that the BRICS leaders adopted the “Johannesburg II” declaration of the 15th BRICS Summit.
The block currently represents more than 42% of world production and is expected to change the world economy by 2030, being Africa’s largest trading partner.
Over the past two days, heads of state from Brazil, Russia, India, China and South Africa have engaged in talks on various issues, including strengthening cooperation on security, energy, trade, economy and social issues.
Brazil, India and South Africa were represented by their respective heads of state at the BRICS summit, which took place from August 22-24.
Russia, which is also part of the bloc, was represented by Foreign Minister Sergei Lavrov.
About 1,500 business leaders from various countries participated in the bloc’s business forum, according to the South African president.
Source: TSF
