2022-10-18 10:00 BRICS Structure

Saudi Arabia in BRICS

The President of the South African Republic, Siril Ramafos, announced that the Kingdom of Saudi Arabia authorities expressed a desire to join Brix. Recall that in addition to South Africa, this organization includes Russia, China, India and Brazil. In general, the structure unites about half of the population of the planet and up to 25% of the global GDP.

The Citizen said that the desire of Saudi Arabia to join Brix Cyril Ramafos was announced by Prince Muhammad Bin Salman, whom he met during his state visit to Riyadh.

It is reported that the Crown Prince in Gidda expressed the hope of strengthening the connections between Saudi Arabia and South Africa.

The quote from Cyril Ramafosa is given during his visit to the kingdom:

“The accession of Saudi Arabia to BRICS will mean a lot to organize. A possible expansion of BRICS will be discussed at the nearest summit, which will be held in 2023. "

During the state visit of Cyril Ramafos to Saudi Arabia, 17 memorandums were signed about partnership between the two states of Africa and Asia. The parties are interested in the development of connections in the field of energy, food, in the field of sea and air transport, as well as in the field of security.

Since 2018, Riyadh has invested $ 11 billion in the South African economy.