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                                                                                         WORLD NEWS Friday 25 august 2023


             Iran and Saudi Arabia are among 6 nations set to join the BRICS

             economic bloc




            By GERALD IMRAY, MOGO-                                                                                              chitecture is necessary, but
            MOTSI  MAGOME  and  JON                                                                                             it won’t happen overnight,”
            GAMBRELL                                                                                                            Guterres said. “Yet we can
            Associated Press                                                                                                    and  must  take  practical
            JOHANNESBURG  (AP)  —                                                                                               action now.”
            Iran  and  Saudi  Arabia                                                                                            More  than  20  countries
            were  among  six  countries                                                                                         had  formally  applied  to
            invited Thursday to join the                                                                                        join  BRICS  ahead  of  the
            BRICS  bloc  of  developing                                                                                         Johannesburg  summit  and
            economies in a move that                                                                                            more  than  20  others  had
            showed signs of strengthen-                                                                                         expressed  interest,  indicat-
            ing a China-Russia coalition                                                                                        ing  how  the  bloc  might
            as  tensions  with  the  West                                                                                       resonate  with  many  as  an
            spiral higher.                                                                                                      alternative.
            The  United  Arab  Emirates,                                                                                        “Cooperation is key to our
            Argentina, Egypt and Ethio-                                                                                         collective  survival,”  Ethio-
            pia  were  also  set  to  enter                                                                                     pian  Prime  Minister  Abiy
            BRICS  from  Jan.  1,  2024,                                                                                        Ahmed said.
            joining  current  members                                                                                           South   African    officials
            Brazil,  Russia,  India,  China                                                                                     pushed back against char-
            and  South  Africa  to  make                                                                                        acterizations  that  BRICS
            an 11-nation bloc.                                                                                                  was  taking  an  anti-West
            The  announcement  came                                                                                             turn  under  the  influence
            after  two  days  of  talks  at   From left, Brazil’s President Luiz Inacio Lula da Silva, China’s President Xi Jinping, South Africa’s   of  China  and  Russia.  Putin
            a  summit  in  Johannesburg   President Cyril Ramaphosa, India’s Prime Minister Narendra Modi and Russia’s Foreign Minister   and Xi laced their speech-
                                         Sergei Lavrov pose for a BRICS group photo during the 2023 BRICS Summit at the Sandton
            involving Brazilian President   Convention Centre in Johannesburg, South Africa, Wednesday, Aug. 23, 2023.          es with criticism of the U.S.
            Luiz  Inácio  Lula  da  Silva,                                                                     Associated Press   and  its  allies  earlier  in  the
            Indian  Prime  Minister  Nar-                                                                                       summit,  although  Xi  did
            endra Modi, Chinese Presi-   ing  Thursday’s  announce-   population and more than  BRICS  has  a  stated  aim  to  also call for a “lowering of
            dent  Xi  Jinping  and  South  ment in the heart of Johan-  a  quarter  of  the  world’s  amplify  the  voice  of  the  the  temperature”  in  refer-
            African  President  Cyril  Ra-  nesburg’s high-rise Sandton  GDP,  with  that  set  to  in-  Global  South.  All  five  cur-  ence  to  the  geopolitical
            maphosa. Russian President  financial  district  its  most  crease.  The  potential  new  rent  members  and  dozens  climate.
            Vladimir  Putin  participated  significant decision in more  members  include  three  of  of other developing  coun-  Putin used a 17-minute pre-
            in  the  discussions  virtually  than a decade.           the world’s biggest oil pro-  tries  represented  at  the  recorded  address  on  the
            after  his  travel  to  the  sum-  Mohammad  Jamshidi,  the  ducers:  Saudi  Arabia,  the  summit  repeatedly  called  opening  day  of  the  meet-
            mit  was  complicated  by  political  deputy  of  Iran  UAE and Iran.                  this week for a fairer world  ings to lash out at the West
            an  International  Criminal  President  Ebrahim  Raisi,  “This  membership  expan-     order and the reform of in-  over the financial sanctions
            Court arrest warrant issued  called joining BRICS a “stra-  sion  is  historic,”  Chinese  ternational  institutions  like  imposed on Russia as pun-
            against him over the war in  tegic  victory  for  Iran’s  for-  leader  Xi  said.  “It  shows  the United Nations, the IMF  ishment  for  its  invasion  of
            Ukraine.                     eign policy.”                the determination of BRICS  and the World Bank.           Ukraine.
            Putin  welcomed  the  six  “Felicitations  to  the  Su-   countries for unity and de-  Many  in  the  developing  The expansion of BRICS also
            countries  by  video  link.  He  preme  Leader  of  Islamic  velopment.”               world view those institutions  appears  to  expand  China
            did  not  mention  Wednes-   Revolution  and  great  na-  “Over the years, China has  as Western-led and unfair to  and  Russia’s  sphere  of  in-
            day’s plane crash that left  tion of Iran,” Jamshidi wrote  stood  in  solidarity  with  de-  them and a stream of lead-  fluence,  especially  in  the
            Russian  mercenary  chief  on  X,  the  website  formerly  veloping countries through  ers  made  speeches  Thurs-  Persian  Gulf.  While  Saudi
            Yevgeny     Prigozhin   and  known as Twitter.            thick and thin.”             day calling for change.      Arabia had been touted as
            some of his top lieutenants  Raisi attended the summit,  Saudi  Arabia  and  the  UAE  While  that  sentiment  and  a likely new member, Iran’s
            presumed dead.               as did Saudi Foreign Minis-  might  provide  new  capi-   challenging  the  current  inclusion wasn’t expected.
            While  there  has  been  mo-  ter Prince Faisal bin Farhan,  tal  for  BRICS’  New  Devel-  international  order  is  use-  In  the  end,  three  Gulf  na-
            mentum for a BRICS expan-    who  said  the  oil-rich  king-  opment  Bank.  However,  ful  for  China  and  Russia’s  tions were in line to possibly
            sion  for  months  -  pushed  dom could be a leader of  economists also noted that  geopolitical     aims,   U.N.  join.
            largely  by  China  and  Rus-  the bloc given its resources,  Argentina  and  Egypt  are  Secretary-General  António  Until  recently,  the  inclusion
            sia  -  the  five  leaders  were  wealth  and  access  to  the  the International Monetary  Guterres  said  in  a  speech  of  Iran,  Saudi  Arabia  and
            locked    in   closed-door  Red Sea and Persian Gulf.     Fund’s two biggest debtors  to  the  BRICS  summit  that  the  UAE  together  in  the
            discussions  for  two  days  However,  in  a  twist,  Saudi  and have required bailouts.  the  calls  for  reform  were  same economic or political
            Tuesday  and  Wednesday  Arabia’s  membership  ap-        Ethiopia,  Africa’s  second  valid.                       organization  would  have
            before  emerging  with  an  peared     uncertain   after  most   populous    country  He quoted figures that said,  been  unthinkable,  as  ten-
            agreement  on  expanding  Prince  Faisal  told  the  Sau-  with 120 million people, has  on average, African coun-  sions  escalated  following
            and  a  list  of  countries  on  di-owned  broadcaster  Al  been at odds with the U.S.  tries  pay  four  times  more  the  collapse  of  Tehran’s
            the last day of the summit.  Arabiya later Thursday that  and  European  Union  over  for borrowing from interna-   2015 nuclear deal.
            BRICS is a consensus-based  the  kingdom  appreciated  their criticism of the recent  tional  financial  institutions  But the UAE became the first
            organization that needs all  the  invitation  but  would  conflict  in  the  country’s  Ti-  than the United States and  to reengage diplomatically
            members to agree on deci-    first study the details before  gray region.              eight  times  more  than  the  with Iran, and Saudi Arabia
            sions.                       the proposed Jan. 1 joining  Argentinian  President  Al-  wealthiest European coun-    and  Iran  announced  they
            The  bloc  was  formed  by  date and take “the appro-     berto  Fernández  said  that  tries.                      had  reached  a  separate
            Brazil,  Russia,  India  and  priate decision.”           joining  BRICS  was  “a  new  “Redesigning  today’s  out-  détente  in  March,  notably
            China  in  2009  and  added  BRICS  currently  represents  opportunity” that “strength-  dated,  dysfunctional  and  with  the  help  of  Chinese
            South  Africa  in  2010,  mak-  around  40%  of  the  world’s  ens us.”                unfair  global  financial  ar-  mediation.q
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