Post
Topic
Board Economics
Re: BRICS has become eleven countries instead of five.
by
coupable
on 31/08/2023, 10:37:27 UTC
The United Arab Emirates found itself for the first time in an alliance with its neighbor Iran, despite the dispute between them, as well as the Kingdom of Saudi Arabia.
It is in no way an alliance. It is more like a mutual interest that has gotten Iran and Saudi Arabia (UAE is similar) closer same with the rest, otherwise this particular conflict dates back to one or two thousand years ago.

We also find Egypt and Ethiopia who are going through a severe crisis due to Ethiopia’s insistence on filling the reservoir of the Renaissance Dam in a way that reduces Egypt’s share of the Nile River water. Expectations that the issue will be resolved with the help of BRICS.
Both Algeria and Morocco applied for membership to join BRICS, but both were not approved, although Algeria was one of the most likely countries to join, considering that it is a major economic power in the region and is considered a strategic ally of Russia, as well as Morocco, which represents the most prominent economic pole in North Africa. Most analyzes say that they were not accepted because of the dispute between them over the issue of Western Sahara (the Polisario Front).