Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic bloc

Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic bloc

JOHANNESBURG (AP) — Iran and Saudi Arabia are among six nations invited Thursday to join the BRICS bloc of developing economies.

United Arab Emirates, Argentina, Egypt and Ethiopia are also set to join the bloc from 2024.

The announcement was made at the BRICS summit in Johannesburg by South African President Cyril Ramaphosa, whose country is the current BRICS chair.