“We do not consider BRICS as an alternative to any other structure,” said President Recep Tayyip Erdogan, in light of the low expectations of EU membership. Algeria announced its entry into the group on Saturday.
Türkiye has applied to join the BRICS, a group of large emerging countries that includes China and Brazil, a ruling party spokesman said.
“Our president has said several times that we want to become a member of the BRICS. The process is underway“, said Omer Celikspokesman for the conservative Islamist Justice and Development Party (AKP), President Recep Tayyip Erdogan.
The spokesman said at a press conference that Erdogan “has made it clear that Türkiye wants to participate in all the Major platformsincluding the BRICS.” They have not yet given details regarding the rapprochement although promised that the Government will report publicly on possible progress.
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Created by four members, Brazil, China, India and Russiain 2009the bloc accepted South Africa in 2010. In the summer of 2023, the bloc also accepted the entry of Egypt, Ethiopia, Saudi Arabia, Iran and the United Arab Emirates, as well as Argentinawho did not formalize his entry after arriving at the presidency of Javier Milei.
“We do not consider BRICS as an alternative to any other structure,” he said in July. Erdoganwhose country is candidate for decades without any expectation of entering the European Union (EU), and by the ties developed with Russia following the start of the invasion of Ukraine in 2022.
Algeria’s recent joining of the BRICS
Last Saturday, Algeria announced their union to New Development Bank (NBD) of the BRICS, and its accession was approved during the ninth annual meeting in Cape Town, South Africa, by former Brazilian head of state, Dilma Rousseff.
The NBD is a multilateral bank of development conceived as a alternative to the IMF and the World Bank, that by joining “this important development institution, Algeria is taking an important step in its integration process to the global financial system“, the Algerian minister stressed.
The main mission of the BND is mobilize resources to finance projects in emerging markets and developing countries. Algeria had asked to join but its request was rejected. rejected in the summer of 2023, where the inclusion of Egypt, Ethiopia, Saudi Arabia, Iran and the United Arab Emirates was accepted, but then withdrawn.
Source: Ambito
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