BANGLADESH APPLIES TO BECOME A MEMBER OF BRICS

Mon 19 June 2023:

Bangladesh has reportedly filed a formal request to join the BRICS economic bloc, making it the most recent nation to indicate interest in doing so. This was revealed in reports on Monday. This issue is anticipated to be addressed at the BRICS summit, which will be held in South Africa in August.

News of Bangladesh’s request was first shared by the Dhaka Tribune newspaper, citing a source familiar with discussions held between Prime Minister Sheikh Hasina and South African President Cyril Ramaphosa in Geneva last Wednesday. According to the outlet, Dhaka officially asked to join the bloc, which consists of Brazil, Russia, India, China, and South Africa, during the meeting.

Bangladesh Foreign Minister AK Abdul Momen has since confirmed the move. He noted that Dhaka, which is currently recognized as a ‘Friend of BRICS’, has already sent a formal letter to the current chair of the group, South Africa.

Over the past year and a half, a number of countries from around the world have shown increased interest in joining the BRICS group, amid the West’s leveraging of international financial systems to wage a widespread economic campaign against Russia.

RUSSIA’S LAVROV EXPECTS BRICS TO BE EXPANDED THROUGH ISLAMIC COUNTRIES

Russia’s deputy foreign minister, Sergey Ryabkov, stated last week that there are currently nearly two dozen states that are considering joining the bloc. Arab countries such as Algeria, Egypt, Saudi Arabia, Iran, and the UAE have all expressed interest in greater ties with the group, as have Argentina, Mexico, Bahrain, Indonesia, and Nigeria.

Russian Foreign Minister Sergey Lavrov has stated that new BRICS members would enrich the multipolar foundations of the group, but noted that decisions on accepting requests must be made by consensus among existing members.

Speaking to Russian RT TV channel last week, Russian Foreign Minister Sergey Lavrov said, he expects Arab and countries of “Islamic civilization” to join BRICS, an acronym for current members Brazil, Russia, India, China and South Africa.

“Saudi Arabia, Iraq, Algeria. All of them are, to a certain extent, leaders of the Arab and Islamic world. This would undoubtedly enrich the BRICS,” he said.

Russia, for its part, would be ready “to make a decision quickly enough,” he said, adding: “There is nothing here to argue about, from the point of view of the weight of each of these states, their right to be represented at the global level provokes no doubt.”

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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