Ethiopia formally joins BRICS

Addis Ababa, January 1, 2024 (FBC) – The BRICS memberships of Ethiopia, Saudi Arabia, Egypt, the United Arab Emirates and Iran officially took effect on Monday.

The countries were invited to join the group in August 2023 after the 15th BRICS Summit in Johannesburg, South Africa.

Originally comprising Brazil, Russia, India, China, and South Africa, BRICS, an important platform for cooperation among emerging markets and developing countries, has received numerous membership requests in recent years, according to CGTN.