BRICS Expansion Will Make Powerful Economic Bloc — What About Politically?
Rania Khalek- With three major oil-exporting nations set to join BRICS, the alliance could now be in a stronger position to challenge an international financial system dominated by the West.
The BRICS alliance of emerging major economies – Brazil, Russia, India, China, South Africa – concluded its 15th Summit in Johannesburg with a major announcement. Six new countries have been invited into BRICS membership: Argentina, Ethiopia, Iran, United Arab Emirates (UAE), and Saudi Arabia.
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