Ethiopia has officially expressed its interest in joining the BRICS alliance and is eagerly awaiting a positive response, as stated by Meles Alem, spokesperson for the Ministry of Foreign Affairs.
The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is viewed by some as an alternative to the G7 group of developed nations.
Ethiopia, being one of Africa’s largest economies, has experienced significant trade growth with countries like China and India, among others. However, the nation has faced challenges due to the impact of war and drought on its economy.
In recent times, the BRICS group announced that they have received membership requests from numerous countries, including several African nations, aiming to become part of this group of emerging economies.
With a collective population exceeding 3.2 billion people, the BRICS countries represent approximately 40% of the world’s total population of around eight billion individuals.