Johannesburg, South Africa – Saudi Arabia and Iran are among six countries invited to join BRICS as new members next year, South African President Cyril Ramaphosa has announced on the final day of a summit of the group that considers itself a counterweight to Western powers.
The group encompassing five major emerging economies – China, Brazil, South Africa, Russia and India – which makes decisions by consensus, agreed on “the guiding principles, standards, criteria and procedures of the BRICS expansion process”, during the three-day annual summit held in Johannesburg this week, Ramaphosa said on Thursday.
