China for expansion of five-nation BRICS : The Tribune India

Join Whatsapp Channel

China for expansion of five-nation BRICS

Nine developing nations attend ‘BRICS Plus’ meeting

China for expansion of five-nation BRICS


Tribune News Service

New Delhi, May 20

The five-country BRICS could have more members if a suggestion made by China finds favours with the other four members — India, Russia, South Africa and Brazil. BRICS began life as a four-country club and expanded to its current form in 2010 with the induction of South Africa.

‘BRICS Plus’ meets

Nine developing nations — Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, the UAE, Saudi Arabia, Senegal and Thailand — attend ‘BRICS Plus’ meeting

BRICS bank to open office in Gujarat

New Development Bank of BRICS countries plans to open its regional office at Gujarat International Finance Tec-City to cater to infra and sustainable development needs

In what could be a prelude to an expansion, a separate session in a “BRICS Plus” format was held on Friday evening within the framework of the virtual BRICS Foreign Ministers’ meeting hosted by China. The countries represented at the meeting were Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, the UAE, Saudi Arabia, Senegal and Thailand.

The BRICS members have backed the broad Chinese suggestion for an expansion of the bloc, but an agreement on the names of the countries may be subject to protracted negotiations. A joint statement by the BRICS Foreign Ministers said they needed to clarify relevant guiding principles, standards and procedures before undertaking any expansion.

Earlier this year, Argentina President Alberto Fernández had said that Buenos Aires wanted to join the group and had named Indonesia as another likely candidate.

About The Author

The Tribune News Service brings you the latest news, analysis and insights from the region, India and around the world. Follow the Tribune News Service for a wide-ranging coverage of events as they unfold, with perspective and clarity.

#brics #China #Russia


Top News

Ship from China suspected to contain consignment for Pakistan's nuclear programme stopped at Mumbai port

Ship from China suspected to contain consignment for Pakistan's nuclear programme stopped at Mumbai port

Mumbai port officials had alerted Indian defence authorities...

Google reinstates shaadi.com, naukri.com, other apps on Play Store amid criticism

Google reinstates shaadi.com, naukri.com, other apps on Play Store amid criticism

The move comes after Google announced its plan to take actio...

App delisting cannot be permitted, says Union Minister Ashwini Vaishnaw on Google-Indian startups row

App delisting cannot be permitted, says Union Minister Ashwini Vaishnaw on Google-Indian startups row

The minister said the government will be meeting Google and ...


Cities

View All