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Showing posts with the label member countries

3 European Countries Aspire To Join BRICS

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A total of three European countries are actively aspiring to join the BRICS alliance in 2025. The bloc is looking lucrative to countries from Europe, Asia, Latin America, and Africa as they are the only ones challenging the US dollar’s supremacy. No other alliance is openly taking on the White House policies than the 10-member group. Also Read: Historic BRICS Loan Worth $2 Billion in Yuan Disbursed to Australia List of European Counties Interested to Join BRICS Alliance in 2025 The three European countries that wants to join the BRICS bloc are Belarus, Serbia, and Turkey. In addition, France wanted to attend the BRICS 2023 summit in South Africa’s Johannesburg, but its interest was declined by China and Russia. Turkey Source: NewsWeek Turkey had applied for BRICS membership in September 2024 despite being a member of the NATO, but the country is not part of the European Union (EU). Foreign Minister Hakan Fidan referring to BRICS said, “we are interested but we have not been...

10 Countries Likely To Join BRICS Alliance Next

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The BRICS alliance is likely to expand next, as 34 countries have expressed their interest in joining the bloc. While 23 countries have officially submitted their applications, 11 nations have informally expressed interest in being a part of the alliance. The alliance, which started in 2009, consisted of Brazil, Russia, India, China, and South Africa. It later expanded in 2024, when five new countries were officially inducted into the group. The five new countries that joined BRICS are Egypt, Ethiopia, Iran, the UAE, and Indonesia. It is now a 10-member bloc with an additional 13 ‘partner countries’ being a part of the grouping. Also Read: BRICS Rejects USD: 50% of Transactions in Chinese Yuan List of 10 Countries That Could Join BRICS Alliance Next Source: AFP BRICS is likely to induct 10 new countries next and is weighing the pros and cons that they bring to the table. From oil-producing nations to mineral-rich countries and countries with growing GDPs, everything is being...