SAO PAULO: Vietnam has been formally admitted as a “companion nation” of the BRICS group of main rising economies, Brazil’s authorities mentioned on Friday (Jun 13), because the bloc presses forward with an enlargement push.
Vietnam is the tenth nation to obtain this standing, which permits invited international locations to take part in BRICS summits and different dialogue periods.
Vietnam had expressed earlier this 12 months it was ready to discuss a partnership with BRICS, whose unique members have been Brazil, Russia, India and China.
“The federal government of Brazil welcomes the choice of the Vietnamese authorities,” mentioned the South American nation, which holds the bloc’s presidency in 2025.
“Vietnam stands out as a related actor in Asia. Its efforts in favor of South-South cooperation and sustainable improvement reinforce its convergence with the pursuits of the group,” it added.
Based in 2009 and shortly expanded so as to add South Africa, the group has not too long ago additionally included Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates, making it a rising diplomatic counterweight to conventional Western powers.
Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda and Uzbekistan are its different companion international locations.
