Belarus Announces BRICS Will Welcome Twelve New Members
The Belarusian foreign minister has announced that the next phase of BRICS expansion will be revealed during the group's summit in Russia this October. Read Full Article at RT.com.
TroibNews 
Foreign Minister Maksim Ryzhenkov has expressed hope that his country’s membership application will be approved.
The next phase of BRICS expansion is set to be announced during the group’s annual summit in Kazan, Russia, this October, according to Ryzhenkov.
While speaking on the sidelines of the UN General Assembly in New York, he projected that BRICS might add at least ten new members and expressed optimism regarding his nation's application for membership.
“The first wave of enlargement, as we all expect – those who have submitted such applications – will take place at the Kazan summit,” Ryzhenkov told RIA Novosti, adding that Russia is “formulating the list of these countries that will be in the first wave of enlargement.”
As the current chair of BRICS, Russia will host the annual summit in Kazan from October 22 to 24. Earlier, Belarusian First Deputy Foreign Minister Sergey Lukashevich mentioned that Belarus is part of the initial pool of BRICS candidates, alongside Algeria, Bangladesh, Bahrain, Bolivia, Venezuela, Vietnam, Cuba, Honduras, Indonesia, Kazakhstan, Kuwait, Morocco, Nigeria, Palestine, Senegal, and Thailand.
In addition, several countries, including Türkiye, Zimbabwe, and Burkina Faso, have also expressed their desire to join. The BRICS organization was initially founded in 2006 by Russia, China, India, and Brazil, adding South Africa in 2011. Earlier this year, it expanded, including four new members: Iran, Egypt, Ethiopia, and the UAE.
Russian President Vladimir Putin noted earlier this month that at least 34 countries have shown interest in joining BRICS.
BRICS member countries are collaborating to develop a payment and settlement framework for intra-group trading, with Putin stating last week that this initiative will enable members to “create conditions for the effective and independent servicing of all foreign trade.”
Julie Kozack, a spokeswoman for the International Monetary Fund, commented in September that the expansion of BRICS should be “encouraged,” suggesting that the growth of the group could yield global benefits.
Currently, BRICS nations represent approximately 46% of the world's population and contribute over 36% of global GDP, along with more than a third of the world's GDP based on purchasing power parity, according to estimates from global financial institutions.
Ramin Sohrabi for TROIB News
The next phase of BRICS expansion is set to be announced during the group’s annual summit in Kazan, Russia, this October, according to Ryzhenkov.
While speaking on the sidelines of the UN General Assembly in New York, he projected that BRICS might add at least ten new members and expressed optimism regarding his nation's application for membership.
“The first wave of enlargement, as we all expect – those who have submitted such applications – will take place at the Kazan summit,” Ryzhenkov told RIA Novosti, adding that Russia is “formulating the list of these countries that will be in the first wave of enlargement.”
As the current chair of BRICS, Russia will host the annual summit in Kazan from October 22 to 24. Earlier, Belarusian First Deputy Foreign Minister Sergey Lukashevich mentioned that Belarus is part of the initial pool of BRICS candidates, alongside Algeria, Bangladesh, Bahrain, Bolivia, Venezuela, Vietnam, Cuba, Honduras, Indonesia, Kazakhstan, Kuwait, Morocco, Nigeria, Palestine, Senegal, and Thailand.
In addition, several countries, including Türkiye, Zimbabwe, and Burkina Faso, have also expressed their desire to join. The BRICS organization was initially founded in 2006 by Russia, China, India, and Brazil, adding South Africa in 2011. Earlier this year, it expanded, including four new members: Iran, Egypt, Ethiopia, and the UAE.
Russian President Vladimir Putin noted earlier this month that at least 34 countries have shown interest in joining BRICS.
BRICS member countries are collaborating to develop a payment and settlement framework for intra-group trading, with Putin stating last week that this initiative will enable members to “create conditions for the effective and independent servicing of all foreign trade.”
Julie Kozack, a spokeswoman for the International Monetary Fund, commented in September that the expansion of BRICS should be “encouraged,” suggesting that the growth of the group could yield global benefits.
Currently, BRICS nations represent approximately 46% of the world's population and contribute over 36% of global GDP, along with more than a third of the world's GDP based on purchasing power parity, according to estimates from global financial institutions.
Ramin Sohrabi for TROIB News
