BRICS Expands: Iran and Five Other Countries Join as Permanent Members

BRICS Expands: Iran and Five Other Countries Join as Permanent Members

A senior adviser to Iran’s president has praised the country’s upcoming inclusion in the BRICS grouping as a significant diplomatic victory for the Islamic republic.

The BRICS club, consisting of Brazil, Russia, India, China, and South Africa, will officially welcome Iran, along with five other nations, as permanent members starting next year.

Diplomatic Efforts to Reduce Isolation and Boost Economy

This announcement comes at a time of heightened diplomatic efforts by Iran to lessen its isolation, enhance its economy, and counter the adverse effects of severe sanctions imposed after the United States’ withdrawal from the landmark nuclear deal in 2018.

Historic Development and Strategic Success

Mohammad Jamshidi, in a statement on X (formerly known as Twitter), referred to Iran’s permanent membership in the group of global emerging economies as a historic development and a strategic success for the Islamic republic’s foreign policy.

BRICS: A Powerful Economic Bloc Seeking Global Influence

The BRICS grouping collectively accounts for 23 percent of the world’s gross domestic product and represents 42 percent of the global population.

The group aims to challenge the economic dominance of Western nations in global affairs.

Expansion of BRICS Membership

In addition to Iran, other countries like Egypt, the United Arab Emirates, Saudi Arabia, Argentina, and Ethiopia will also become part of BRICS from 2024.

South African President Cyril Ramaphosa made this announcement, indicating the continued expansion of the organization.

Iran’s Growing International Engagement

Last month, Iran achieved membership in the Shanghai Cooperation Organisation, a vast intergovernmental association spanning from Moscow to Beijing and encompassing nearly half of the world’s population.

This development signals Iran’s increasing involvement on the international stage, aimed at enhancing its economic and diplomatic standing.