South African President Cyril Ramaphosa announced Thursday that the BRICS club of emerging nations will admit six new members, including Saudi Arabia, UAE and Iran, at the start of next year.

“We have decided to invite the Argentine Republic, the Arab Republic of Egypt, the Federal Democratic Republic of Ethiopia, the Islamic Republic of Iran, the Kingdom of Saudi Arabia, and the United Arab Emirates, to become full members of BRICS. The membership will take effect from the first of January 2024,” Ramaphosa told a summit in Johannesburg.

Calls to enlarge the BRICS — Brazil, Russia, India, China and South Africa — had dominated the agenda at its three-day summit and exposed divisions among the bloc over the pace and criteria for admitting new members.

Source: ChannelsTV