Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
Nigeria has been accepted as a partner country in the BRICS bloc, which consists of developing economies. This addition brings one of Africa's largest
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.
(Bloomberg) -- Nigeria has officially joined the BRICS group of emerging-market powers. BRICS, which stands for Brazil, Russia, India, China and South Africa, has been pushing to expand in recent years as it grows in clout and has accepted other countries including Egypt, Ethiopia, Indonesia and United Arab Emirates.
According to the Ministry of Foreign Affairs, the formal acceptance to participate as a partner country highlights Nigeria's commitment to fostering international collaboration.
BRICS members are expecting Indonesia to play a significant role in the grouping and China supports this new member from Southeast Asia, according to a forum in Jakarta.
Indonesia on Monday officially joined the BRICS bloc of developing nations, marking a significant expansion of the group's global influence.
Nigeria has officially accepted an invitation to join BRICS as a partner country, marking a significant step in the nation’s pursuit of inclusive growth
The ministry expressed hope to engage constructively with BRICS members to drive innovation and foster people-to-people exchanges.
Economist Dr Azar Jammine warned the African continent will not be Donald Trump’s priority when he returns to the White House on Monday.