Addis Ababa, May 16, 2024 (FBC) – BRICS Plus alliance will be crucial for Ethiopia to expand its global diplomatic relations and enhance economic cooperation, Foreign Relations and Peace Affairs Standing Committee Member at the House of People’s Representatives Ambassador Dina Mufti said.
A discussion on “Ethiopia’s entry to the BRICS and its role in South-South Cooperation: Benefits, Challenges and Prospects” was held today at the Ethiopian Civil service University, in Addis Ababa.
Addressing the occasion, Ambassador Dina affirmed that the discussion mainly focused on the potential benefit of joining the BRICS for Ethiopia on trade, tourism, financial support, and technology among other sectors.
BRICS membership will be critical to realize an economic growth based on cooperation by expanding the international diplomatic relations opportunities, he pointed out.
Since member countries of the bloc have principle-based relations with Ethiopia, it will be crucial for the country to get support that can stimulate its economy including from the BRICS New Development Bank.
Russia’s Ambassador to Ethiopia Evgeny Terekhin said the bloc is a highly acceptable cooperation alliance in the modern world as the newly joined countries and the others that have been showing desires to join the bloc is a clear manifestation of the growing role of the BRICS.
As Ethiopia is one of the five countries which joined the BRICS alliance recently, it will be instrumental to further strengthen the Ethio-Russia diplomatic cooperation as well, he affirmed.
Stressing the need to accelerate the process of the alliance, the Ambassador noted that it will be instrumental to boost inclusive economic, political, social and diplomatic cooperation, ENA reported.
Recall that Ethiopia joined the BRICS which previously comprised Brazil, Russia, India, China and South Africa on 1 January, 2024 along with Egypt, Saudi Arabia, the United Arab Emirates and Iran.