Posted: 31.01.2024 13:00:00

Russian FM: all BRICS countries will benefit from the expansion of the association

Increasing BRICS by five members will benefit all countries of the association, and will also contribute to building a more equitable multipolar world order – as noted by Deputy Head of the Russian Deputy Foreign Minister and Russia’s Sherpa for BRICS Sergei Ryabkov, TASS reports

photo: www.ria.ru

He made the corresponding statement during the first meeting of the Sherpas and sous-Sherpas of the BRICS members as part of Russia’s chairmanship.

“In January 2024, five new countries – Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia – became full members of BRICS. It is my great honour to welcome you to the BRICS family. We believe that all our countries will benefit from this important step, which, without exaggeration, can be called a turning point in the history of our association. The expanded composition of BRICS will contribute to the construction of a new, more equal and fair multipolar world order, which will better reflect the real state of affairs in the international arena, enabling the developing world to express itself stronger and more clearly. It will also strengthen the role of emerging market states and developing countries in the global decision-making process,” the Russian Deputy Foreign Minister explained.

He also confirmed Russia’s commitment to preserving the BRICS spirit and ensuring continuity and consistency of co-operation.

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BRICS has undergone two waves of expansion since its founding in 2006. In 2011, the Republic of South Africa joined the initial composition – Brazil, Russia, India and China. In August 2023, six new members were immediately invited to the association, including Argentina, but in late December 2023 the country refused to join. Five new members – Egypt, Iran, the UAE, Saudi Arabia and Ethiopia – began full-time work in BRICS on January 1st, 2024.