Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
Brazil took over as the President of BRICS (Brazil, Russia, India, China, and South Africa), marking a significant point in the bloc's | The Eastern Herald | News Today, Breaking News, World News & BR
The Brazilian Government of Luiz Inácio Lula da Silva, in charge of the rotating presidency of the BRICS bloc, announced Friday that Nigeria, Africa's fourth-largest economy, was joining the alliance as a full member.
Nigeria has officially joined the economic bloc as its ninth partner state Brazil has announced Africas fourth-largest economy a
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
The decision to apply for membership reflects President Prabowo Subianto’s more proactive approach to foreign policy.
Nigeria has officially joined BRICS as a partner country, confirmed by Brazil's Foreign Ministry. This move aligns with the shared
Tukey’s actions in Syria and Iraq also signal a deeper shift away from its Western alliances. Erdogan’s government has cultivated closer ties with Russia.
Brazil noted that Nigeria and BRICS share a common interest as both actively strive to enhance cooperation among countries in the Global South.
The Russian leader was invited to visit the South Asian nation by his counterpart Narendra Modi last year India and Russia are working on