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BRICS new members UPSC NOTE

 

  • The BRICS group welcomed six new countries into its fold.

  • Prime Minister Narendra Modi announced the expansion after the 15th BRICS summit in Johannesburg.

  • The expansion aims to strengthen the grouping and promote a multi-polar world order.

  • South African President Cyril Ramaphosa, current Chair of BRICS, presented the Johannesburg Declaration at the summit.

  • Argentina, Egypt, Iran, Saudi Arabia, Ethiopia, and the United Arab Emirates (UAE) were welcomed into BRICS.

  • The addition of Iran, Saudi Arabia, and the UAE holds significance due to their representation of energy-rich Gulf regions.

  • The decision to expand BRICS was made 13 years after the previous expansion that added South Africa in 2010.

  • Originally consisting of Brazil, Russia, India, and China, BRICS aims to bring together major economies in the post-Cold War world order.


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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: BRICS new members UPSC NOTE
BRICS new members UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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