Saudi Arabia, Iran Joining BRICS in Historic Move

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Saudi Arabia, Iran Joining BRICS in Historic Move

Saudi Arabia, Iran Joining BRICS in Historic Move Johannesburg, South Africa – Saudi Arabia, Iran Joining BRICS in Historic Move. Saudi Arabia and Ir

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Saudi Arabia, Iran Joining BRICS in Historic Move

Johannesburg, South Africa – Saudi Arabia, Iran Joining BRICS in Historic Move. Saudi Arabia and Iran’s inclusion as new members in the BRICS group has marked a significant moment during the annual summit in Johannesburg. This strategic move by the major emerging economies aims to reshape global governance, providing a more prominent platform for the voices of the Global South while presenting a counterbalance to Western influence.

A Step Towards BRICS Expansion

Saudi Arabia, Iran Joining BRICS in Historic Move. The conclusion of the three-day annual BRICS summit held in Johannesburg witnessed a crucial decision – the approval of “guiding principles, standards, criteria, and procedures” that would govern the expansion of the BRICS group. Comprising of powerful emerging economies such as China, Brazil, South Africa, Russia, and India, BRICS is taking a bold step to bring new members into its fold and amplify its impact on the global stage.

Saudi Arabia, Iran Joining BRICS in Historic Move

Saudi Arabia, Iran Joining BRICS in Historic Move

Embracing New Entrants

Saudi Arabia, Iran Joining BRICS in Historic Move Saudi Arabia and Iran, along with four other nations, are slated to officially join the BRICS group in January 2024. This decision has garnered widespread attention and appreciation, with Chinese President Xi Jinping hailing it as a historic moment that will invigorate BRICS cooperation and strengthen its contribution to global peace and development.

Optimism from New Members

Iran, in particular, has welcomed its admission into the BRICS group with enthusiasm. An adviser to Iran’s president expressed that this permanent membership signifies a historic and strategic achievement for the country’s foreign policy. Ethiopian Prime Minister Abiy Ahmed echoed this sentiment, calling it a remarkable occasion that opens doors for collaborative efforts towards a more inclusive and prosperous global order.

Complex Pathways and Determined Progress

Saudi Arabia, Iran Joining BRICS in Historic Move. The path to expanding the BRICS group has been a meticulously deliberated one. The core BRICS countries engaged in extensive discussions for over a year, laying the groundwork for the inclusion of new members. Russia and China, facing challenges from Western nations, championed this expansion, seeking to bolster their influence on the global stage.

Navigating Challenges and Aspirations

The inclusion of Saudi Arabia, the UAE, Iran, and Egypt in BRICS is a landmark development, representing the first time Middle East and North Africa (MENA) nations are part of the group. This move aligns with BRICS’ overarching objective to create a “multipolar” world order, where the perspectives of the Global South play a pivotal role. However, the diversification of the group also poses the challenge of harmonizing diverse interests and priorities.

Shaping the Future

Although BRICS has existed as a formal entity for 15 years, some critics argue that its impact hasn’t matched its potential. The varied political and social interests of member countries have occasionally hindered cohesive decision-making and collective action. With the inclusion of new members, BRICS has the opportunity to engage in more comprehensive discussions and address a wider array of global challenges.

With over 40 countries expressing interest in joining BRICS and 23 formal applications submitted, the expansion ushers in fresh perspectives and economic contributions. This extension further solidifies BRICS’ stature as a key player, with its existing members already representing a quarter of the global economy and 40 percent of the world’s population.

In essence, the decision to welcome Saudi Arabia, Iran, and other new members into BRICS signifies a pivotal juncture. It signals a commitment to global cooperation, enhanced representation, and a more inclusive approach to shaping the world’s future.


Frequently Asked Questions

  1. What does BRICS stand for? BRICS stands for Brazil, Russia, India, China, and South Africa. It is a group of significant emerging economies that collaborate on various economic and political matters.
  2. Why were Saudi Arabia and Iran chosen to join BRICS? Saudi Arabia and Iran have been selected to diversify and strengthen the BRICS group, while also giving Middle East and North Africa (MENA) nations a voice in the global discourse.
  3. What is the impact of BRICS expansion? The expansion aims to create a more balanced global governance model, incorporating viewpoints from the Global South and fostering cooperation for shared development.
  4. How will BRICS manage differing interests among its members? Managing diverse interests will be a challenge, requiring effective communication and consensus-building among member countries.
  5. What will the expansion mean for global politics? The expansion is likely to contribute to a more multifaceted global governance approach, where a broader range of countries collaborates on addressing global challenges.

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