Tuesday, September 19, 2023
Building up the BRICS
The BRICS group of nations announced during its annual summit that it would expand its membership by inviting six new members to join its ranks: Iran, Saudi Arabia, the United Arab Emirates, Egypt, Ethiopia, and Argentina. The move is widely considered to be aimed at elevating the BRICS to compete with U.S./Western-led fora and financial institutions like the Group of Seven (G7)