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Algeria previously applied for membership in 2023, [136] but later rejected it in September 2024, making Algeria the second country after Argentina to decline and stop its application. [ 137 ] Following the 2024 BRICS summit, Brazil blocked Venezuela's application to the bloc, largely due to the disputed 2024 Venezuelan elections and the ...
Algeria had previously applied for membership in 2023, [17] but later rejected it in September 2024, making Algeria the second country after Argentina to decline and stop its application. [ 18 ] Following the 2024 BRICS summit , Brazil blocked Venezuela's application to the bloc, largely due to the disputed 2024 Venezuelan elections and the ...
Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5 billion, Ennahar TV quoted Algerian President Abdelmadjid ...
Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a threat of 100% tariffs he had made weeks after winning the November ...
[6] [7] BRICS nations endorse reform of the UN and Security Council and the full participation of the State of Palestine in the United Nations, contingent upon the two-state solution. [8] BRICS nations consented to deliberate and investigate the feasibility of creating an autonomous cross-border settlement and depository system.
Algeria has been authorised to become a member of the BRICS New Development Bank (NDB), the bank's president, Dilma Rousseff, said on Saturday. A multilateral development bank, the NDB was ...
Algeria formally presented a request to join after the Algerian president visit to China in 2023, and was admitted as a member in 2024. [37] Algeria officially has been given membership status of the BRICS New Development Bank (NDB) in September 2024. [38] Potential or prospective members include Colombia, Honduras, and Zimbabwe. [39] [40] [41]
China welcomes Algeria's desire to join BRICS and supports its efforts to achieve the goal, according to their statement. Xi said both sides will also cooperate in aerospace, infrastructure ...