Officially, Saudi Arabia joins the BRICS group
On Tuesday, Saudi State TV announced that the country had formally joined the BRICS group of nations.
The foreign minister of Saudi Arabia had stated in August that the country would review the information before to the anticipated January 1 membership date and make "the appropriate decision."
The BRICS group was described as "a beneficial and important channel" to boost economic cooperation by Prince Faisal bin Farhan Al Saud.
With Saudi Arabia joining the United Arab Emirates, Egypt, Iran, and Ethiopia as new members, the BRICs bloc—which formerly consisted of Brazil, Russia, India, China, and South Africa—is about to double in size.
Geopolitical tensions between the United States and China, as well as China's growing influence within the kingdom, coincide with Saudi Arabia's admission.
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Saudi Arabia is worried that Washington is not as dedicated to the security of the Gulf as it once was, therefore although maintaining close connections with the United States, it has become more independent.
China, the largest oil consumer in Saudi Arabia, has spearheaded calls for the BRICs to grow in order to offset the West.
The group's stated goal of becoming an advocate for the developing countries of the "Global South" may be strengthened by the expansion. Argentina made a hint in November that it would decline an invitation to participate.