• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

7 Countries Apply To Join BRICS Before 2024 Summit

Simon Osuji by Simon Osuji
May 31, 2024
in Business
0
7 Countries Apply To Join BRICS Before 2024 Summit
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The BRICS summit is scheduled for October 2024 and four new members the UAE, Egypt, Iran, and Ethiopia will officially be a part of the meeting. The alliance is now a nine-member bloc due to the expansion which was announced during the last summit.

The upcoming BRICS 2024 summit will take place in the Kazan region of Russia and will be hosted by Vladimir Putin. Reports suggest that the alliance will invite many other world leaders from developing countries to attend the summit.

Also Read: Proposal to Launch BRICS Currency Gains Steam: Expert

Last year, France was the only European country that wanted to attend the BRICS summit but was denied entry from Russia and China. Both the countries expressed concerns that France aims to sabotage internal information and disrupt the alliance. However, France has not shown interest in being a part of the BRICS 2024 summit.

BRICS: 7 Countries Apply To Join Before 2024 Summit

BRICS LeadersBRICS Leaders
Source: Wikipedia Commons

In 2024 alone, seven new countries have expressed their interest to join the BRICS alliance before the 16th summit. The development indicates that several developing nations find BRICS principles lucrative and the only option to challenge the US dollar.

Also Read: BRICS: China Dumped $48.9 Billion in US Treasuries in Quarter 1

BRICS is looking to uproot the US dollar from the world’s reserve currency and replace it with local currencies. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade.

The seven countries that want to join the BRICS alliance in 2024 before the 16th summit in October are:

  1. Cameroon
  2. Pakistan
  3. Sri Lanka
  4. Syria
  5. Thailand
  6. Venezuela
  7. Zimbabwe

Also Read: BRICS: India & China Agree To Ditch US Dollar For Imports

Thailand expressed its interest in joining the alliance this month and wants to be a part of the 2024 summit. In addition, Pakistan is in touch with Russia and is negotiating an entry into the bloc but fears India could reject its application.

Source link

Related posts

Sibongile Sambo founder and CEO of SRS Aviation

Sibongile Sambo founder and CEO of SRS Aviation

February 28, 2026
Who Controls Majority of the World’s Rare Earth Reserves

Who Controls Majority of the World’s Rare Earth Reserves

February 28, 2026
Previous Post

New algorithm enhances disinformation detection on social media

Next Post

Former vice chief of naval operations arrested on bribery, conspiracy charges

Next Post
Former vice chief of naval operations arrested on bribery, conspiracy charges

Former vice chief of naval operations arrested on bribery, conspiracy charges

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Nasdaq futures jump 1% as Nvidia stokes tech rally: Markets wrap

Nasdaq futures jump 1% as Nvidia stokes tech rally: Markets wrap

3 years ago
Belkin ends support for most Wemo devices and its Wemo app

Belkin ends support for most Wemo devices and its Wemo app

8 months ago
“Tripartite engagements” will see new Navy hydrographic vessel completed

“Tripartite engagements” will see new Navy hydrographic vessel completed

1 year ago
FRA greenlights Emaar Misr’s capital raise to acquire 2 development firms

FRA greenlights Emaar Misr’s capital raise to acquire 2 development firms

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.