Xi Jinping, Putin, other leaders discuss expansion of BRICS

Xi Jinping, Putin, other leaders discuss expansion of BRICS

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Even if BRICS leaders reach a consensus on expansion, it is not clear whether any new members will be announced at this week’s meeting. The five members must first decide the criteria that new countries must meet to join the economic bloc. BRICS is based on consensus and decisions are made only if all five members agree. Prime Minister Narendra Modi voiced his support for the expansion of BRICS, saying, “We welcome moving forward in this direction on the basis of consensus.” China and Russia have also pushed for expansion, while other countries have recently I have given my approval.

The leaders of Brazil, Russia, India, China and South Africa held closed-door discussions on Wednesday on a possible expansion of the BRICS grouping. A decision on admitting new members is expected late on Wednesday, the second day of the three-day BRICS summit in Johannesburg. However, officials said that it might be delayed and an announcement could be made on Thursday. Chinese President Xi Jinping, Brazilian President Lula da Silva, Prime Minister Narendra Modi and South African President Cyril Ramaphosa met at a convention center in the Sandton financial district. Due to the war in Ukraine, the international court has issued an arrest warrant against Putin, due to which he has not come to Johannesburg for the BRICS summit.

Russian Foreign Minister Sergei Lavrov is representing his country at the conference. South Africa’s Ramaphosa said all five leaders supported the idea of ​​expanding the grouping. “We stand at an important juncture of expansion of the BRICS family, for it is through expansion that we will be able to make BRICS stronger in these turbulent times,” Ramaphosa said. More countries have applied. The grouping was formed in 2009 by Brazil, Russia, India and China and in 2010 South Africa was included. Saudi Arabia is one of the countries seeking BRICS membership, which has increased its chances of moving a little closer to China and Russia. Other countries that have applied include Argentina, Egypt, Ethiopia, Iran, Indonesia and the United Arab Emirates, according to officials.

Even if BRICS leaders reach a consensus on expansion, it is not clear whether any new members will be announced at this week’s meeting. The five members must first decide the criteria that new countries must meet to join the economic bloc. BRICS is based on consensus and decisions are made only if all five members agree. Prime Minister Narendra Modi voiced his support for the expansion of BRICS, saying, “We welcome moving forward in this direction on the basis of consensus.” China and Russia have also pushed for expansion, while other countries have recently I have given my approval.

Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.



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