Russia reveals important conditions for joining BRICS

Ngọc Vân |

The BRICS summit in Russia later this month is expected to discuss the admission of new members.

RT reported that on October 3, Russian Deputy Minister of Foreign Affairs Sergey Ryabkov said that BRICS candidates cannot participate in sanctions against any member country of this economic bloc, and also stated one of the conditions for joining BRICS.

BRICS began as an informal association of Brazil, Russia, India and China, later adding South Africa and expanding to a nine-member bloc from early 2024. BRICS is expected to discuss further expansion at the BRICS summit in Kazan, Russia later this month.

"Candidate countries should pursue a sovereign policy, play an important role in international and regional affairs, build good-neighborly and friendly relations with BRICS countries and not participate in illegal sanctions against members of the group," Deputy Minister Ryabkov said at a press conference in Moscow on October 3 when asked about the conditions for countries wishing to become members.

Russia considers sanctions imposed by the United States and its allies over the Ukrainian conflict illegal and unjustified.

Russia will host the annual BRICS summit in Kazan later this month, as the group’s rotating chair. Countries interested in joining BRICS include Algeria, Bangladesh, Bahrain, Belarus, Bolivia, Cuba, Honduras, Indonesia, Kazakhstan, Kuwait, Morocco, Nigeria, Palestine, Senegal, Thailand and Venezuela.

The door to BRICS remains open, Deputy Minister Ryabkov said, and Russia's goal this year is to "ensure the organic and comprehensive integration" of newly accepted members into the "multifaceted architecture of the BRICS partnership", while maintaining the dynamism and effectiveness of the bloc's mechanisms and formats.

Mr. Ryabkov added that enlargement must always be aimed at strengthening BRICS' international capacity and authority, and all decisions within the bloc are made based on consensus.

Founded in 2006, BRICS admitted South Africa in 2011. In early 2024, BRICS also welcomed Egypt, Ethiopia, Iran and the United Arab Emirates, although the decision was made to retain the original five-letter English acronyms of the founding countries.

Current BRICS member states account for about 46% of the world’s population and more than 36% of global GDP, according to estimates by global financial institutions. Russian President Vladimir Putin said last month that at least 34 countries have expressed interest in joining BRICS.

Ngọc Vân
RELATED NEWS

9th Hour No. 188: When the Heart Goes Away - Part 1

|

Hour 9 - A happy family, the husband suddenly gets lost with a karaoke girl and secretly builds his own "home". Where will this marriage go?

Chairman of the Vietnam General Confederation of Labor presents 200 Tet gifts to workers in difficult circumstances in Dak Lak

|

Dak Lak - Chairman of the Vietnam General Confederation of Labor has presented 200 Tet gifts to union members and workers, contributing to helping them celebrate Tet more fully.

Hanoi Party Secretary inspects the construction progress of Hong Ha bridge

|

Politburo member, Secretary of the Hanoi Party Committee Nguyen Duy Ngoc highly appreciated the efforts of the forces working at the Hong Ha bridge construction site.

Prolonged congestion at the western gateway of Ho Chi Minh City

|

Ho Chi Minh City - In the afternoon of February 11, the flow of vehicles to the Mekong Delta increased sharply, causing prolonged congestion on some roads in the gateway area.

Bustling Tet atmosphere, Hanoi entertainment venues urgently welcome visitors at the beginning of the year

|

Hanoi - Near Tet, in public areas and entertainment venues of the Capital, decoration work is being urgently completed to welcome guests at the beginning of the year.

Chen Zhi extradited to China, Cambodia continues to cooperate in investigation with the UK and the US

|

Britain and the United States continue to coordinate with Cambodia to investigate cybercrime after Cambodia extradited fraud boss Chen Zhi to China.

Malaysian press says Vietnam accuses 7 naturalized players

|

Malaysian newspapers believe that the Asian Football Confederation (AFC) has received a complaint from Vietnam about the status of 7 ineligible naturalized players.

Putin announces BRICS' own payment framework

Ngọc Vân |

BRICS' own payments framework helps member countries trade efficiently and independently.

BRICS likely to become the largest bloc on the planet

Khánh Minh |

23 countries formally applied to join BRICS ahead of 2024 BRICS summit.

BRICS announces important news about the new payment system

Ngọc Vân |

BRICS is working to establish a new payment system without integrating the US dollar into the mechanism.