BRICS invites Argentina, Saudi Arabia, Egypt, Ethiopia, the Emirates and Iran to join the bloc

Iran, Saudi Arabia, the United Arab Emirates, Argentina, Egypt and Ethiopia have been invited to join the BRICS economic bloc.

Transcript

00:00 BRICS is set to get bigger and stronger in Africa.

00:06 The group of emerging economies formed by Brazil, Russia, India, China and South Africa

00:11 has announced that it will have six new members from next year.

00:15 We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic

00:26 Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia and the

00:36 United Arab Emirates.

00:39 To become full members of BRICS, the membership will take effect from 1 January 2024.

00:49 In this regard, BRICS leaders have tasked their...

00:54 And with the aim of acting as a counterweight to a Western-led world order, BRICS brings

00:58 together regional giants with growing political and economic weight, does not demand credentials

01:04 such as respect for human rights and has not condemned the invasion of Ukraine.

01:09 The Russian president, a founding member, took part virtually as there's an arrest warrant

01:14 against him issued by the International Criminal Court.

01:17 [WHOOSH]