Indonesia was admitted as a full member of the BRICS group of major emerging economies on January 6, 2025.
As Statista’s Felix Richter shows In the following chart, the bloc’s influence in the Global South continues to expand, expanding its economic and political influence on the world stage and establishing a genuine counterweight to Western-led states. G7.
Iran, Saudi Arabia, Egypt, Ethiopia, and the United Arab Emirates officially became members on January 1, 2024.
More detailed infographics can be found at: Statista
South African President Cyril Ramaphosa talks about BRICS expansion stated at a press conference:
“We shared a vision of BRICS as champions of the needs and concerns of the peoples of the Global South. These include the need for beneficial economic growth, sustainable development and reform of the multilateral system. Included.
He also suggested that the addition of six new members is just the beginning of the bloc’s expansion process.
“As the five BRICS countries, we have reached agreement on the guiding principles, norms, criteria and procedures for the BRICS enlargement process, which have been discussed for quite some time,” he said.
“There is agreement on the first stage of this expansion process, with further stages to follow.”
The federation announced in August that it would admit six new members, including Argentina.
However, the South American country officially rejected the offer on December 29, 2023, with Argentine President Javier Millei stating in a letter published by multiple media outlets: Membership “was not considered appropriate at this time.”
Posted by: Zerohedge.com
