November 16, 2024

BRICS | BRICS Token | WEB3.0 ERA of BRICS

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New members hail BRICS expansion, eye more cooperation and development

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The 15th BRICS Summit held in Johannesburg, South Africa concluded with the admission of six new members – Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE) – in a “historic” expansion and a new starting point for BRICS cooperation.

The six countries, whose membership will take effect on January 1, 2024, all hailed their entry to BRICS and highlighted the group’s role in further vitalizing regional and global cooperation, strengthening the forces for world peace and development, as well as addressing global challenges.

“Without a doubt, the decision of the BRICS members to expand the group is a commendable step that paves the way for global development on the basis of justice,” said Iranian President Ebrahim Raisi after the six countries were invited to become new members.

Raisi said Iran’s inclusion in BRICS will create a historic impact, marking a pivotal milestone in advancing principles of justice and ethics, and ultimately fostering enduring global peace.

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