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Saudi Arabia still considering Brics membership invitation

Mint Mumbai

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January 19, 2024

Saudi Arabia is still considering an invitation to become a member of the Brics bloc of countries after being asked to join by the grouping last year, two persons with direct knowledge of the matter told Reuters on Thursday.

Saudi Arabia still considering Brics membership invitation

The group had in August invited Saudi Arabia, the United Arab Emirates, Egypt, Iran, Argentina, and Ethiopia to join starting 1 January, although Argentina signalled it would not take up the invitation in November. The two sources said 1 January was not a deadline for a decision, with one adding there were strong benefits to joining the bloc as members China and India are the kingdom's biggest trading partners. "Saudi Arabia is assessing the benefits and then will make a decision, there is a process happening," one of the persons said.

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