Saudi, UAE, Egypt, Iran, Ethiopia to join BRICS as of Jan. 1: Report

Saudi Arabia, the UAE, Egypt, Iran, and Ethiopia will join BRICS as of Jan. 1, Bloomberg reported, citing South Africa’s envoy to the bloc.

The new members will send officials to a sherpa meeting in Moscow on Jan. 30, which clearly indicates that the new members were accepted to join the bloc, he noted.

BRICS officially agreed to invite Saudi Arabia, among other countries, to join the bloc, according to data available with Argaam.

BRICS was established in 2009 with the participation of China, Brazil, India, and Russia, with South Africa joining in 2010.

Source : Argaam