Cyril Ramabuza, the president of South Africa, who recently returned from a state visit in Saudi Arabia, said the Kingdom had shown interest in joining “Brax” (Brazil, Russia, India, China and South Africa).
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Mohammed bin Salman, the Crown Prince of Saudi Arabia, announced the country’s willingness to join the “Brexit” group. The Kingdom of Saudi Arabia is not the only nation that aspires to join, it should be mentioned ( Brex).
Ramaboza noted that South Africa would preside over the “Brix” group in 2023 and stated that the “BRICS” summit will be held in South Africa next year. During the summit, the topic of the “BRICS'” growth will be discussed, and several nations are in contact with the “BRICS” on this matter.
The “BRICS” group was established in 2006, and it is an acronym for the initial letters of the member nations’ English names (Brazil, Russia, India, China, South Africa).
The bloc is the fastest economic growth in the world, and the “BRICS” countries are about 25% of Global Global Glow, and occupies approximately 26% of the land area in the world.
The Goldman Saxer Group of World Banking predicts that by 2050, the economies of the “BRICS” will be able to compete with those of the richest nations in the world.
Source: Tas + RT.
Saudi Arabia is interested in joining a coalition that governs a quarter of the world’s GDP.
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