ALBAWABA - Algeria is making a bid to join BRICS, the conglomerate of emerging economies of Brazil, Russia, India, China and South Africa.
Algeria has applied to join BRICS, they are the 11th biggest gas reserve holder in the world.
— Lark Davis (@TheCryptoLark) November 8, 2022
They join others like Saudi Arabia, Turkey, Saudi Arabia, and Iran who also want to join.
The world order is changing. https://t.co/sza0Kdk6MI
The country which is the 11th biggest holder of gas reserves globally, has already made a formal application to join the group with the Algerian Foreign Ministry official Leyla Zarruki stating the North African country has requested membership of the economic bloc, according to Anadolu.
⚡Algeria has filed a formal application to join the BRICS.
— marina alikantes (@Marianna9110) November 7, 2022
BRICS unites Brazil, Russia, India, China and South Africa. A number of other countries want to join the economic bloc, including Argentina and Iran.
The social media has been rife with the news as joining the bloc would mean more political and economic polarization in the international system.
Where is the problem? If Russia wants the world to be multipolar, it will need more allies. Do not forget that Saudi Arabia, Turkey, Iran, Algeria requested to join the BRICS
— Rimo tube belekasm (@TubeRimo) November 7, 2022
Algeria wanted to join BRICS back in July as stated by President Abdelmadjid Tebboune. “Joining this group will take Algeria, the pioneer of the non-alignment principle, away from the attraction of the two poles,” he said according to the Turkish news agency.
Algeria want's to join the BRICS. I wonder what the new acronym will be. https://t.co/TvhEq88XeZ
— Wooltiger Herder (@Wolltigerhueter) November 7, 2022
The five members of BRICS have 40 percent of the world population and at least a quarter of the international GDP. This will likely increase if countries like Saudi Arabia, Iran and Turkey are allowed to join. That would split the global system and add a new meaning to globalization.