“Egyptian leaders made a wise decision to apply among the first to join the BRICS. This step will contribute to economic recovery and allow us to get out of the debt hole the country found itself in as a result of many years of dependency on the International Monetary Fund,” Shaaban said.
Recall that the BRICS summit in Johannesburg ended on Thursday. As a result, South African President Cyril Ramaphosa announced that six states would join the BRICS from January 1 next year. Argentina, Egypt, Iran, United Arab Emirates, Saudi Arabia and Ethiopia will become new members of the association.