Thursday, April 25, 2024
HomeEthiopian NewsBRICS accepts Ethiopia, five other nations as member states

BRICS accepts Ethiopia, five other nations as member states

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE  will be joining BRICS starting 2024

BRICS _ Ethiopia new members
Image source : China Daily

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BRICS — the economic group of Brazil, Russia, India, China, and South Africa — has invited six countries to join the bloc.

Ethiopia and Egypt from Africa, Argentina from Latin America, Iran from the Middle East, Saudi Arabia, and the United Arab Emirates from the Gulf region are invited to join the bloc.

BRICS decision is said to be in line with its plans to expand its influence in pursuit of crafting a just world order. 

“We have reached an agreement on the guiding principles, standards, criteria, and procedures of the BRICS expansion process which has been in discussion for quite a while. We have a consensus on the first phase of this expansion process and other phases will follow. We have decided to invite The Argentine Republic, The Arab Republic of Egypt, The Federal Democratic Republic of Ethiopia, The Islamic Republic of Iran, The Kingdom of Saudi Arabia, and the United Arab Emirates to become full members of the BRICS,” South African president Cyril Ramaphosa announced during a press statement. 

He added that the membership will take effect as of January 2024.  The decision will make the members of BRICS 11. More than 40 countries around the world are said to have expressed interest in joining the bloc. 

With the new members, the Bloc now represents about 47 percent of the World Population. 

The Block was having its meeting in Johannesburg. The Russian President was represented by his Foreign Affairs Minister Sergey Lavrov. 

In June of this year, Ethiopia announced that it is seeking BRICS membership and there has been a diplomatic campaign to achieve it. 

In a remark after the announcement, Ethiopian PM Abiy Ahmed tried to link the decision to “Ethiopia’s growing economy, green legacy, history and population size” of the country. Abiy Ahmed said Ethipoia’s acceptance to BRICS membership is a great diplomatic achivement. 

He said the rest of the countries are accepted based on the GDP size while Ethiopia’s case is seen as a prospect for growth. 

Abiy Ahmed remarking on Ethiopia’s acceptance to BRICS. He related it to the success of his government’s diplomatic effort (Photo : screenshot from the video).

“A great moment for #Ethiopia as the BRICS leaders endorse our entry into this group today. Ethiopia stands ready to cooperate with all for an inclusive and prosperous global order,” he wrote on social media page. 

He also thinks that Ethiopia’s acceptance will make the “South-South cooperation” more meaningful. 

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6 COMMENTS

  1. USA and NATO object BRICS for their reason: they hate competition from another group. BRICS is composed of very powerful members both economically and militarily, which the US and NATO see as very real and present threat to their own domination of the world. The world has witnessed how those use their dominance to control countries and economies across the globe by all means they could muster, such as using sanctions, promoting political instabilities, military threats and/or direct attacks, etc. The BRICS grouping is a very welcome countervailing move, which is good for world peace, stability, and economic development that would benefit humanity in general.

    Ethiopia joining the BRICS should be considered one of the crown achievements of PM Abiye Ahmed.

  2. Always great to see Ethiopia advancing and playing with big boy’s club! Long over due!

    This is the beginning of lots of great success for a country who was purposely kept down for others benefit in the region or around the world. We were too strong for Berlin Conference, and we have to pay for it for so long. Djibouti was made to split from Ethiopia in the 1970 and then Eritrea in the 1990 followed by 9 local flags to fight each other but God is good, and we are coming out of all these obstacles thanks to the wise leader Dr Abiy Amend !
    Too bad our society don’t even understand what is going on around the world, Only our bad Youtubers get to talk what they want….regardless Ethiopia is coming out stronger than ever!!!

  3. It is interesting to hear that this group has accepted the application of and admitted Ethiopia into the bloc. Ethiopia is now a country with the lowest GDP(PPP) in the group with about $3,500.00. The group has been in existence since 2010 and I am not sure how it impacted the world economy or politics in a visibly new way. When I see countries like Ethiopia and Argentina being admitted, it reminded me of the age old Non-Aligned Nations group. My question is will the more developed nations of the group allow Ethiopia to be their factory? Do they have a stable and as vast market as The West? What and where will be the dough for Ethiopia to bring it home? Will this grouping come out to be an alternate and replacement to the UN? I can also see that some of them are accused of gross human rights violation including systemic genocide by the UN and other human rights advocacy groups with one of them Interpol arrest warrant on his head. I will wait to see the benefits Ethiopia can muster from this admission. As we all know that country desperately needs benefits.

  4. “Always great to see Ethiopia advancing and playing with big boy’s club! Long over due!

    This is the beginning of lots of great success for a country who was purposely kept down for others benefit in the region or around the world. We were too strong for Berlin Conference, and we have to pay for it for so long. Djibouti was made to split from Ethiopia in the 1970 and then Eritrea in the 1990 followed by 9 local flags to fight each other but God is good, and we are coming out of all these obstacles thanks to the wise leader Dr Abiy Amend !
    Too bad our society don’t even understand what is going on around the world, Only our bad Youtubers get to talk what they want….regardless Ethiopia is coming out stronger than ever!!!”

    አይ የካድሬ ነገር ምኑን ከምንድነው የምታምታታው????

    Who supported the growing insurgencies and communist revolutionary fronts against the Ethiopian government in the 1970s? China and Russia!!!! Instead of following the carefully and smartly crafted policies of the government of Emperor Haile Selassie by its well educated, extraordinarily talented and well versed diplomatic team and technocrats where Ethiopia joined the “Non aligned movement” in 1961 among one of the first members from Africa, and avoided direct polarization with either the West and the East but remained friends to both, the derg junta stupidly immersed Ethiopia in the Cold War.

    BRICS is more a political facade and just a random aggregate of mostly pariah states red flagged for their notorious human rights records than a true financial conglomerate. Its member states have nothing in common, are in no position to create a common currency where both India and Brazil are beneficiaries of US trades and so is China. Egypt is one of the largest recipients of US aid. Ethiopia’s greatest institutions, including the World Class Ethiopian Airlines are the products of the greatest US- Ethiopia collaborations under the guidance,policies, expertises and dedications of Ethiopia’s diplomats and technocrats of yesterday like PM Aklilu Habetewold.

    BRICS will not provide an iota, not a grain of help that will amount to even a bag of beans. The neophyte and oromumma ideologue made the same fanatic and costly error like his derg predecessors led by the butcher mengistu.

  5. “USA and NATO object BRICS for their reason: they hate competition from another group. BRICS is composed of very powerful members both economically and militarily, which the US and NATO see as very real and present threat to their own domination of the world”

    Sir/Madam:

    The very term BRIC, before the addition of South Africa, itself was coined by the British economist, Jim O’ Neil,who was also chairman of the US investment bank Goldman Sachs. It is not like Russia, Brazil, India and China which have virtually nothing in common, got together and decided hey guys and gals, let’s form BRIC some 14 years ago.

    Can you kindly tell the world, the amount of foreign aid, FDI and low interest loans BRICS have provided to other nations? Please and thank you !!!!!!!

  6. Q: If BRICS were as useless as some say, why would 40 apply and only 6 get accepted?

    WSW*/NATO/EU: The WSW is bolstering its alliance [NATO, EU, etc.]. Its global economic dominance still continues with Neo-Colonialism replacing Colonialism. [NB: There is also the U.S.-Mexico-Canada Agreement (USMCA) →Formerly NAFTA].

    Blacks/Aboriginal People/Indigenous People: They were victims of WSW’s Colonialism. Adding insult to injury, they find themselves under yolks of WSW’s Neo-Colonialism.

    WB/IMF/Credit Rating Agencies/UN/NGOs/Proxy Dogs: They are WSW’s Hit Squad [Wagner Group] on short leash deployed any time to crush any disobedient poor nation!

    Ethiopia/Egypt/WSW: Abiy refused to sign the Egypt-WSW dictated Nile Deal. Both Abiy & Ethiopia became targets: Economic Warfare, Proxy Wars, Smear Campaigns, etc.

    Ethiopia-Crushing Multi-Pronged Assaults: drastic Birr devaluation; drastic credit rating cut; trade/loan/aid repeal; Egypt/WSW proxy wars [TPLF/አማራ ሸኔ(APF)/ኦሮሞ ሸኔ]; etc.

    Ethiopia & Resources: Ethiopia has untapped mineral reserves, manpower, etc. Ethiopia is also a land-locked home of ≈120 million with ≈75% under 45. Ethiopians shouldn’t leave their future at the mercy of the anti-Ethiopia WSW. BRICS could offer alternatives.

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