Connect with us

Business

Nigeria, 12 others join BRICS as partner countries

Published

on

Nigeria and 12 other countries have joined the BRICS intergovernmental organization as partner nations.

The other 12 countries are – Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Turkey, Uganda, Uzbekistan and Vietnam.

The bloc disclosed this in a post on its X handle on Thursday.

It read: “BRICS officially adds 13 new nations to the alliance as partner countries (not full members).”

In January 2024, four countries namely, Iran, Egypt, Ethiopia and the United Arab Emirates joined the organization

BRICS is an acronym for the grouping of leading emerging market economies, namely Brazil, Russia, India, China and South Africa which aims to promote trade, investment, peace, security, development and cooperation.

READ ALSO: Brazil’s Lula cancels BRICS trip after domestic accident

The founding countries of Brazil, Russia, India, and China held the first summit in Russia in 2009 under the name BRIC.

Following a renaming of the organization, South Africa attended its first summit as a member in 2011 after joining the group in 2010.

Iran, Egypt, Ethiopia, and the United Arab Emirates attended their first summit as member states at the 2024 summit in Russia.

The 2024 BRICS summit themed: “Strengthening Multilateralism for Fair Global Development and Security,” is the 16th annual BRICS summit, currently taking place in Kazan, Russia, from October 22 to 24.

By: Babajide Okeowo

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now


 

Investigations