2023-09-01 07:56:30
Although expected, the announcement fell like a cleaver: the South African President, Cyril Ramaphosa, announced on August 24, during the summit of the main emerging economies which with held in Johannesburg, the accession of Iran, Argentina, Egypt, Ethiopia, Saudi Arabia and the United Arab Emirates to the BRICS (Brazil, Russia, India, China, South Africa South) from January 1, 2024. Exit therefore the candidacy of Algeria.
The absence at the summit of President Abdelmadjid Tebboune, replaced by his Minister of Finances, Laâziz Faid, had already hinted at this outcome. However, the Algerian president had made the introduction of his country into the Brics his hobbyhorse. He had continued to hammer that “2023 would be the year of Algeria’s accession to the Brics”, arguing that Algiers “benefits from support within the bloc”. At the end of verdict
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