Tag: BRICS

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Brazil welcomes Nigeria as BRICS partner country

The Brazilian government has officially announced Nigeria’s inclusion as a partner country in the BRICS bloc, highlighting shared interests in strengthening cooperation among Global South nations and advocating for the reform of international organizations. This move was confirmed in a statement from Brazil’s Foreign Ministry on Friday. “With the world’s sixth-largest population—and Africa’s largest—as well […]

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Indonesia joins BRICS as 10th full member

Indonesia officially became the tenth full member of the BRICS group of developing economies on Monday, marking a significant expansion of the bloc. The announcement was made by Brazil, which holds the BRICS presidency for 2025. “The Brazilian government welcomes Indonesia’s entry into the BRICS,” it said in a statement. “With the largest population and […]

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‘BRICS not interested in weakening US dollars’

India’s Foreign Minister, Subrahmanyam Jaishankar, stated at an event in Doha, Qatar, on Saturday that BRICS countries have no intention of weakening the US dollar. This comment highlights the group’s position on global economic dynamics, signaling that while BRICS nations are exploring alternatives to the dollar, their primary goal is not to undermine its value. […]

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Nigeria officially joins BRICS

Nigeria has officially joined BRICS as a partner country, along with 12 other nations, further solidifying its economic ties with the intergovernmental group. This announcement was made at the ongoing BRICS summit in Kazan, Russia, from October 22 to 24, 2024. Nigeria’s inclusion comes on the heels of a substantial rise in foreign capital inflows […]

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