Iran Press/ America: Iran, which has the world’s second-largest gas reserves, along with Argentina has submitted their application to join the BRICS which consists of countries that have emerging economies.
Currently, the BRICS consists of five countries which include Brazil, Russia, India, China, and South Africa.
According to Iran’s Foreign Ministry spokesperson, Iran’s inclusion in the BRICS would add value. More than 40% of the world’s population and around 26% of the global GDP is contributed by the countries that are part of BRICS.
Argentina President Alberto Fernandez has recently reaffirmed his country’s intention to join the BRICS.
"I assumed the post of ambassador two years ago, and we have been working on that since. I know that there will be a meeting in South Africa. I'm not sure about details, and even if Argentina's admission to BRICS does not happen during that meeting, the invitation itself is a huge step forward for us," said Ambassador Eduardo Zuain on the sidelines of the Eurasian Economic Youth Forum in Yekaterinburg.
Diplomatic sources in South Africa have confirmed that negotiations about the possible expansion of BRICS are to take place in the coming months.
Algeria, Argentina, and Iran have already filed their requests to join BRICS while Saudi Arabia, Turkey, and Egypt have signaled their interest.
The Eurasian Economic Youth Forum is being held at the Urals State University of Economics and 11 regional and international platforms.
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