Leaders of the BRICS - Brazil, Russia, India, China and South Africa - invited Iran and Argentina, Saudi Arabia, the United Arab Emirates (UAE), Ethiopia and Egypt into the club at a summit last week in Johannesburg.
BRICS+6 nations: Strong partnership on innovation and digital economy can spur growth, promote transparency and support sustainable development goals, SBI added in a report.
On the last day of the BRICS Summit, South African President Cyril Ramaphosa announced that six countries - Saudi Arabia, the United Arab Emirates, Egypt, Ethiopia, Argentina, and Iran, would be joining the bloc. However, the expansion of BRICS may pave the way for more tensions. , World News, Times Now