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I am looking forward to strengthening relations between South Africa and other members of the BRICS countries
Thursday, March 21, 2024
SA Again to Play a Role in BRICS Expansion
South Africa will play a key role in the further expansion of the BRICS bloc this year, with a further 34 countries submitting an expression of interest in joining the bloc of major emerging economies
Against the backdrop of a sizeable expansion in BRICS membership, debates have intensified over the expediency of the bloc’s institutionalization to cope with the rising complexity in its operations
Interest in the ongoing conflict in Ukraine has focused substantially on the military and political situation, with some arguing that there has been little attention paid to the wider implications, one of which is the growth of the BRICS+ organisation. BRICS started as an informal reference to an unofficial grouping of countries that were growing in size but were not considered to be part of the ‘west’ as America and Europe would consider themselves
The Minister of Foreign Affairs, Amb. Yusuf Tuggar has said Nigeria is presently exploring the possibility of joining BRICS and not given up of its ambition of becoming a permanent member of the Security Council of the United Nations
As the BRICS expansion is set to further unfold in the course of this year, one of the important implications of this process is the rising role of Africa within the grouping
The BRICS nations reveal plans for a blockchain-based system facilitating payments outside of the US dollar system
Iran has recently become one of the newest members of the BRICS alliance, a move that signals a significant shift in its international relations