New Delhi, Dec 2: The BRICS bloc of top emerging economies, including India, Russia and China, has announced induction of five full members into it in an attempt to expand its strategic heft against the backdrop of Western dominance in world affairs.
As Moscow assumed the presidency of BRICS, Russian President Vladimir Putin on Monday said the grouping has become a 10-nation body now with Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates joining it as new members, adding work on modalities to induct new categories of partner nations would start now.
In August, the top BRICS leaders at the grouping’s summit in Johannesburg approved a proposal to admit six countries, including Argentina, into the bloc with effect from January 1. (PTI)
