The BRICS alliance invited six new countries to join the bloc after
the 15th summit in Johannesburg last year.
Out of the six countries, the
UAE, Egypt, Iran, and Ethiopia accepted the invitation and are now part
of BRICS.
However, Argentina was the first country to decline BRICS
membership and Saudi Arabia is yet to confirm its position.
Experts suggest that BRICS played a power play move by inducting Ethiopia, which is a growing economy in Africa.
https://watcher.guru/news/brics-africa-to-ditch-us-dollar-as-world-bank-fails-to-provide-funds

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