In a recent development, South Africa, a member of the BRICS group, has announced that Morocco has officially applied for membership.
This move comes as Algeria has also been pursuing membership, seeking support from Russia. However, political experts suggest that Algeria might not meet the necessary criteria for entry due to its internal economic challenges compared to other BRICS nations.
Reports from South African media outlets, quoting Foreign Minister Naledi Pandor, state that Morocco is among 23 countries that have requested to join the economic group. Notably, Arab nations such as Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Egypt, Palestine, and Algeria have expressed interest in joining BRICS.
Apart from Morocco and Algeria, several other countries have submitted applications for BRICS membership.
These include Iran, Argentina, Belarus, Bangladesh, Cuba, as well as Kazakhstan, Indonesia, Honduras, Vietnam, Venezuela, and Thailand.
Sources also indicate that African countries like Nigeria, Senegal, and Ethiopia are also keen on joining.
Their aim is to enhance economic and political cooperation with the BRICS group and expand their international partnerships within this emerging alliance.
The BRICS bloc, composed of Brazil, Russia, India, China, and South Africa, represents the world’s fastest-growing economies.
The acronym “BRICS” stands for the first letter of each member country’s name.
Over the years, the BRICS alliance has evolved into a significant economic force globally, with consistently impressive growth numbers achieved by its member nations.
This growth has garnered interest from various other countries that are eager to become a part of this influential coalition, driven by its success and potential for collaboration.