Saturday, February 24, 2024
NewsEthiopia seeks membership in BRICS bloc, apply for admission

Ethiopia seeks membership in BRICS bloc, apply for admission

Ethiopia BRICS

Ethiopia has applied for membership in the BRICS group of emerging economies, the Ministry of Foreign Affairs said.

In a press briefing today on June 29, 2023, Ministry spokesman Meles Alem confirmed that Ethiopia made the request to join BRICS.

“We have applied for membership and are hoping for a positive response,” Meles Alem told journalists.

In recent years, BRICS has grown in global economic prominence with more developing countries seeking to join the bloc. Last month, South African officials said over 19 countries had expressed interest in BRICS membership.

Saudi Arabia, Iran, Egypt, Algeria and Indonesia are among countries that have applied for BRICS membership.

- Advertisement -

“As a country that has been a founding member of global institutions like the AU and the UN, and as we seek to guarantee our national interests, it is important to join blocs like BRICS,” Meles said, justifying why Ethiopia applied for admission.

Originally consisting of Brazil, Russia, India and China (hence BRIC), the group added South Africa in 2010 and is now commonly referred to as BRICS. The five member states represent over 40 percent of the world’s population and around a quarter of the global GDP.

Ethiopia BRICS

- Advertisement -

Video from Enat Bank Youtube Channel.

Subscribe

- Advertisement -

Popular

More like this
Related

Championing peaceful dialogue, accountability

The findings of two reports issued by the Ethiopian...

Commission report implicates gov’t, OLF-Shene, Amhara forces in Oromia war crimes, crimes against humanity

A new report from the Ethiopian Human Rights Commission...

Rescue eludes Delanta’s desperate trapped opal miners

A breadwinner for two households – his own and...

Coffee shipments sit idle as vessels avoid Horn ports

Cash-strapped exporters, suppliers leave coffee farmers in limbo Ethiopian...