Iran and Saudi Arabia among six nations set to join Brics economic bloc

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Iran and Saudi Arabia among six nations set to join Brics economic bloc
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The United Arab Emirates, Argentina, Egypt and Ethiopia are also set to join the bloc from 2024.

The announcement was made at the Brics summit in Johannesburg by South African President Cyril Ramaphosa, whose country is the current Brics chair.

Russian President Vladimir Putin addresses the Brics summit via video link in Johannesburg, South Africa It is the second time that Brics has decided to expand.The Brics bloc represents around 40% of the world’s population and contributes more than a quarter of global GDP.

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