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In 2022, Argentina formally submitted an application for BRICS membership under Alberto Fernández's government. Argentina was invited to join at the subsequent 2023 summit, but the country declined the offer to join the bloc in the aftermath of pro-Western Javier Milei's victory in that year's presidential election. [18]
Following the 2024 BRICS summit, Brazil blocked Venezuela's application to the bloc, largely due to the disputed 2024 Venezuelan elections and the Venezuelan crisis. The country in response recalled its ambassador from Brazil. [138] Since new members joined the acronym used has informally been BRICS+, that is, BRICS Plus. [10]
Next Eleven (N11): Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea, and Vietnam – identified as having a high potential of becoming, along with the BRICS countries, among the world's largest economies in the 21st century. NACE: North Atlantic and Central Europe; NALA: North America and Latin ...
Six new countries including Saudi Arabia have been invited to join the Brics bloc of developing nations, South Africa has announced, after three days of closed-door discussions between members ...
Agreement to expand BRICS - currently Brazil, Russia, India, China and South Africa - could allow dozens of interested nations to seek admission as Beijing and Moscow push to forge it into a ...
The BRICS bloc of developing nations agreed on Thursday to admit Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates in a move aimed at accelerating its push to reshuffle a ...
BASIC countries (red) and other G20 developing nations (green). The BASIC countries (also Basic countries or BASIC) are a bloc of four large newly industrialized countries – Brazil, South Africa, India and China – formed by an agreement on 28 November 2009.
Vietnam is ready to work with BRICS, Prime Minister Pham Minh Chinh said as he attended the group's summit for the first time this week and held meetings with Chinese and Russian leaders. Chinh ...