Algeria hints at joining BRICS — Analysis
Abdelmadjid Tebboune suggests that North Africa meets all the criteria for membership of the group.
According to reports, President Abdelmadjid Tebboune of Algeria has stated that the country is keen on joining the BRICS group and is very close to being eligible for the membership.
In an interview on Sunday with a state-owned radio station, Tebboune stated that Algeria has met most of the requirements for joining BRICS. The group is named for its member states – Brazil, Russia, India, China and South Africa – and it plans to consider adding Saudi Arabia, Turkey and Egypt at its summit next year.
This year’s BRICS summit, which was held online in June, was expanded to include participation from 13 other countries, including Algeria. Tebboune, who called for greater transparency in the BRICS summit was the first to address. “a new economic order where parity and equity between countries will reign.”
“Our past experiences have shown us that the imbalance recorded on the international scene and the marginalization of emerging countries within world bodies constitute a source of instability, lack of equity and absence of development,”The Algerian president also added.
BRICS nations already account for more than 40% of the world’s population. The bloc’s stated goals are to promote peace, security, development, global cooperation and development of humanity. In June, Iran and Argentina applied for membership.
Russia, China, and the other BRICS countries are reportedly creating a global reserve currency that could challenge the US dollar’s dominance.
Tebboune also stated that Algeria, which was a French colony in the past, will teach English at elementary schools starting this year. “French is a spoil of war,”He stated, “but English is an international language.”
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