The Kingdom of Saudi Arabia Becomes Official Member of BRICS Bloc To Strengthen Economic Ties
- The Kingdom of Saudi Arabia has become an official member of the BRICS bloc
- The move is seen as a strategic step to strengthen economic cooperation and diversify alliances
- The bloc is expected to double in size, with incoming members including the UAE, Egypt, Iran, and Ethiopia
Source: Getty Images
RIYADH - Saudi Arabia has officially become a member of the BRICS bloc, expanding the group beyond its original composition of Brazil, Russia, India, China, and South Africa.
The kingdom's foreign minister, Prince Faisal bin Farhan, emphasised the significance of joining Brics as a beneficial channel for strengthening economic ties.
Saudi Arabia expands global alliances
According to BusinessLIVE, the bloc's enlargement will soon include new members like the United Arab Emirates, Egypt, Iran, and Ethiopia, reflecting Saudi Arabia's pursuit of diversified alliances amid geopolitical tensions between the US and China.
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Concerns about Gulf security
While maintaining strong ties with the US, Saudi Arabia has increasingly taken an independent path, driven by concerns about the US commitment to Gulf security.
Dynamics in global South cooperation
The expansion of BRICS aligns with the group's ambition to champion the interests of the Global South. However, it's noteworthy that Argentina declined an invitation to join the bloc in November.
SA citizens weigh in
South Africans took to social media to share their thoughts on the recent development of Saudi Arabia joining BRICS.
Sphiwe Mthalane mentioned:
"Great news, in BRICS we believe."
Godwill Busani Mdabantu Ndukwana asked:
"Will it still be called BRICS?"
Xolani Msadafu Mtshali said:
"The BRICS dream will come true this year."
Theo Jabulani wrote:
"Does that mean the name BRICS will change to something else?"
Russell Narunsky posted:
"Great and remind me again how this makes a difference in our lives as mere mortals."
Ayanda Mbele added:
"Just an overrated international stockvel doing the bidding of China."
Minister Naledi Pandor clarifies Brics summit goals
In another article, Briefly News reported that Minister of International Relations, Naledi Pandor, has clarified some misinterpretations of what BRICS is about.
While the BRICS Summit focused on moving away from the reliance on Western countries, the minister says it is not an anti-West agenda.
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Source: Briefly News
