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Supervisor Elham AbolFateh
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Venezuela Aims to Join BRICS in 2024


Wed 03 Jan 2024 | 11:03 AM
Venezuelan President Nicolás Maduro
Venezuelan President Nicolás Maduro
Israa Farhan

Venezuelan President Nicolás Maduro has expressed hope that his country will become a full member of the BRICS group at the next summit in 2024.

Maduro stated, "Venezuela was accepted as a partner in the summit held in South Africa, and I hope to join BRICS as a permanent member at the upcoming summit in Russia," as reported by the Russian news agency TASS.

Maduro emphasized that "BRICS is the future of humanity," highlighting the economic potential of the group and the prospects of the new development bank established by BRICS.

This aspiration to join BRICS underscores Venezuela's desire to strengthen its international ties and leverage economic opportunities through collaboration with this influential group of emerging economies.

BRICS, which consists of Brazil, Russia, India, China, and South Africa, has gained prominence in recent years for its role in shaping global economic policies and fostering cooperation among its member states.

Venezuela's potential inclusion in BRICS could open doors for increased trade, investment, and diplomatic cooperation with these major economies, further impacting its position on the global stage.

The upcoming BRICS summit in Russia in 2024 will be a crucial moment to see whether Venezuela's aspirations to become a full member are realized.