BRICS Expansion Shows Policy of Unilateralism on Decline: Iranian President

13:57, 24 August 2023

BRICS, a group is seen as a counterweight to Western economic domination, derives its name from Brazil, Russia, India, China and South Africa. The South African city of Johannesburg is hosting the the 15th BRICS Summit, which is being held in an expanded format with countries interested in joining the bloc invited.

Sputnik

The expansion of BRICS shows that the policy of unilateralism is on the decline, Iranian President Ebrahim Raisi said on Thursday.

Following the Johannesburg summit earlier in the day, the BRICS leaders decided to invite the UAE, Saudi Arabia, Iran, Ethiopia, Argentina and Egypt to join the group with full membership from January 1, 2024.

"BRICS expansion shows that unilateralism is on the decline," Raisi said at a meeting with Chinese President Xi Jinping on the sidelines of the BRICS summit.

2023 BRICS Summit in Johannesburg

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