Saudi Arabia has officially announced that it is joining the BRICS bloc. This was reported by Reuters, according to UNN.
Details
On Tuesday, Saudi state television reported that the Kingdom has officially joined the BRICS bloc.
Earlier in August, the Saudi Foreign Minister said that the kingdom would study the details before the expected January 1 entry date and make "an appropriate decision".
Prince Faisal bin Farhan said that the BRICS group is "a beneficial and important channel" for strengthening economic cooperation.
Context
Previously, the BRICS bloc included Brazil, russia, India, China, and South Africa. Africa.
In August 2023, plans were announced by six states to join the bloc: Egypt, Iran, Saudi Arabia, the UAE, Ethiopia, and Argentina. However, at the end of December, Argentine President Javier Milei officially announced that that Argentina will not join the BRICS.