MENAMiddle EastNewsPoliticsTop StoryWorld

Saudi Arabia officially joins BRICS bloc – State TV says

Saudi state TV said on Tuesday that the kingdom had officially joined the BRICS bloc of countries. Saudi Arabia’s foreign minister had said in August the kingdom would study the details before the proposed Jan. 1 joining date and take “the appropriate decision”.

Quick Read

  • Saudi Arabia Joins BRICS: Saudi state TV announced that Saudi Arabia has officially joined the BRICS bloc, which includes Brazil, Russia, India, China, and South Africa.
  • Foreign Minister’s Statement: Prince Faisal bin Farhan, Saudi Arabia’s foreign minister, had previously indicated that the kingdom would carefully consider joining BRICS before the proposed January 1 joining date.
  • BRICS Bloc Expansion: With Saudi Arabia’s entry, BRICS is set to double in size, also welcoming the United Arab Emirates, Egypt, Iran, and Ethiopia as new members.
  • Geopolitical Context: Saudi Arabia’s decision to join BRICS comes amidst growing tensions between the U.S. and China, and the increasing influence of China within the kingdom.
  • Saudi Arabia’s Strategic Shift: While maintaining strong ties with the U.S., Saudi Arabia is pursuing an independent path, partly due to perceptions of decreased U.S. commitment to Gulf security.
  • China’s Role in BRICS Expansion: China, as Saudi Arabia’s largest oil customer, has been a proponent of expanding BRICS to counterbalance Western influence.
  • Global South Representation: The expansion of BRICS may enhance its role as a voice for the Global South, although Argentina has indicated it will not join the bloc despite an invitation.

Reuters has the story:

Saudi Arabia officially joins BRICS bloc – State TV says

Newslooks- DUBAI, Jan 2 (Reuters)

Saudi state TV said on Tuesday that the kingdom had officially joined the BRICS bloc of countries. Saudi Arabia’s foreign minister had said in August the kingdom would study the details before the proposed Jan. 1 joining date and take “the appropriate decision”.

Prince Faisal bin Farhan had said the BRICS group was “a beneficial and important channel” to strengthen economic cooperation.

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan speaks during a news conference with Secretary of State Antony Blinken, not pictured, at the Intercontinental Hotel in Riyadh, Saudi Arabia, Thursday, June 8, 2023. (Ahmed Yosri/Pool Photo via AP)

The BRICs bloc previously included Brazil, Russia, India, China, and South Africa, but is set to double with Saudi Arabia joining the United Arab Emirates, Egypt, Iran, and Ethiopia as new members.

Saudi Arabia’s entry comes amid geopolitical tensions between the U.S. and China, and the expansion of China’s influence within the kingdom.

From left, Brazil’s President Luiz Inacio Lula da Silva, China’s President Xi Jinping, South Africa’s President Cyril Ramaphosa, India’s Prime Minister Narendra Modi and Russia’s Foreign Minister Sergei Lavrov pose for a BRICS group photo during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa, Wednesday, Aug. 23, 2023. (Gianluigi Guercia/Pool via AP)

Despite continued strong ties with the U.S., Saudi Arabia has increasingly pursued its own path out of concern that Washington is less committed to the Gulf’s security than in the past.

China, Saudi Arabia’s biggest oil customer, has led calls for the BRICs to expand to become a counterweight to the West.

The expansion could amplify the group’s declared ambition to become a champion of the Global South, although Argentina signalled in November it would not take up an invitation to join.

Read more international news

Previous Article
Price cuts boost Tesla 4Q sales, beating estimates as electric vehicle growth rate slows
Next Article
Israel says it will appear before ICJ to counter South Africa’s Gaza case

How useful was this article?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this article.

Latest News

Menu