BRICS Invites Iran, Five Others To Join Developing World Bloc

Iran has been invited to join the BRICS group of developing nations along with Saudi Arabia, Ethiopia, Egypt, Argentina, and the United Arab Emirates, in a move aimed at growing the clout of a bloc that has pledged to champion the "Global South." Expansion could also pave the way for dozens of interested countries seeking admission to BRICS -- currently Brazil, Russia, India, China, and South Africa -- at a time when geopolitical polarization is spurring efforts by Beijing and Moscow to forge it into a viable counterweight to the West. The new candidates become members on January 1, 2024. To read the original story by Reuters, click here.