Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
More nations join Brics?
The Citizen
|October 22, 2024
SUMMIT: DEMAND FOR MEMBERSHIP HAS SET UNPRECEDENTED RECORDS > Iran, Egypt, UAE and Ethiopia set to occupy their seats.
With more than 30 countries waiting for their memberships to be approved to join Brics, the economic bloc of the development nations is set to exceed the G7 as the world's largest economic power bloc in a few years' time.
This was revealed yesterday ahead of Brics' two-day summit which is underway at Kazan in Russia from today.
Considering that 43% of the world's population and 27% of the world reside within the bloc and some countries ditching the dollar as trading currency, experts believe Brics would soon overtake the G7, a group of rich mainly Western countries.
The demand for Brics membership has set unprecedented records in multilateral relations, with some European nations said to be also interested to be enlisted into alliance.
Iran, Egypt, United Arab Emirates (UAE) and Ethiopia will occupy their seats at the summit after they were admitted to the bloc in January.
This story is from the October 22, 2024 edition of The Citizen.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Citizen
The Citizen
Chiefs' true test is still on its way
MOTAUNG JNR: NEXT YEAR WILL BE TOUGH FOR CHIEFS
2 mins
November 28, 2025
The Citizen
Could Maharaj's Test spot be in danger?
It feels silly to even suggest this, but based on the performances of the country's strong spin bowling contingent, Keshav Maharaj's place in the national Test team might be in danger.
2 mins
November 28, 2025
The Citizen
Rice praises Caicedo
PREMIER LEAGUE: CHELSEA LOOKING TO CLOSE THE GAP ON THE GUNNERS
2 mins
November 28, 2025
The Citizen
Hunting for TV treasure
STORIES: FRESH DOCCIES AND NEW SEASONS OF FAN FAVOURITES ON HISTORY CHANNEL
2 mins
November 28, 2025
The Citizen
World moves on from G20
DEVELOPMENT: LITTLE RESPONSE TO TRUMP'S THREAT TO EXCLUDE SA AT 2026 MEETING
2 mins
November 28, 2025
The Citizen
Bavuma credits senior players
PROTEAS: SKIPPER CONTINUES TO BUILD TEST LEGACY
2 mins
November 28, 2025
The Citizen
Joburg turns on Christmas lights again
The Johannesburg municipality has marked its recent revival with the return of a former family favourite.
1 mins
November 28, 2025
The Citizen
Cell C's muted JSE debut
MARKET VALUE: STOCK OPENED AT R26.50 YESTERDAY, MATCHING THE FINAL OFFER PRICE → Long-awaited debut marks its first day trading independently.
2 mins
November 28, 2025
The Citizen
Slot insists he is still safe
Arne Slot (above) insisted he is confident of avoiding the sack despite troubled Liverpool’s dismal 4-1 defeat against PSV Eindhoven on Wednesday.
1 mins
November 28, 2025
The Citizen
Plan comes together for Equator
ABILITY: PETER'S CHARGE WELL WEIGHTED, LOVES THE COURSE AND CAN WIN SUMMER CUP
4 mins
November 28, 2025
Listen
Translate
Change font size