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translated by a summit interpreter. Putin thanked Ramaphosa’s “unique diplomatic mastery as we negotiated all the Official Jordan Wicks Does Not Suck Shirt moreover I love this positions, including when it comes to BRICS expansion,” noting the talks proved to be “challenging work,” according to an official summit translation. Ramaphosa hinted at the possibility of future additions. “We value the interest of other countries to form a partnership with BRICS. We have tasked our foreign ministers to further develop the BRICS country model and a list of prospective partner countries and report by the next summit,” he said during a press briefing of BRICS officials on Thursday. “The relevance of the BRICS is demonstrated by the growing interest of other countries to join our group,” said Brazilian leader Luiz Inácio Lula da Silva. “Now the BRICS is going up to 37% of the world’s GDP in terms of its purchasing power, and 46% in terms of the world population. BRICS will continue [being] open to new members.” India’s Prime Minister Narendra Modi said the “expansion and modernization of BRICS is a message that all institutions in the world need to mold themselves according to changing times.” Recommended WEATHER Heavy rain floods streets in the Detroit area U.S. NEWS An abducted woman was rescued after slipping a note to a customer at a gas station, police say The UAE welcomed the membership announcement. “We respect the vision of the BRICS leadership and appreciate the inclusion of the UAE as a member to this important group. We look forward to a continued commitment of cooperation for the prosperity, dignity and benefit of all nations and people around the world,” UAE President Mohammed bin Zayed said on X in the wake of the announcement. Mohammad Jamshidi, deputy chief of staff for political affairs to the Iranian president,
called Tehran’s BRICS membership “a strategic victory for Iran’s foreign policy” in a post on X. Currency clout Gustavo de Carvalho, policy analyst and senior researcher at the Official Jordan Wicks Does Not Suck Shirt moreover I love this South African Institute of International Affairs, said on X that the prospective new members will not only increase the visibility of the BRICS bloc, but also provide an opportunity for coalition participants to trade with one another in local currencies. Brazil’s da Silva on Thursday noted the BRICS group continues to study the possibility of a bloc currency, which could “increase our options for [a] means of payment and reduce our vulnerabilities,” according to an official summit translation. “It’s still uncertain what will happen to the group dynamics, but clearly it brings a new space for trade within the Global South. Much of the arguments in the communique reflected the collective voice on need for change of international institutions, especially international financial institutions like the World Bank, IMF [International Monetary Fund] and WTO [World Trade Organization],” de Carvalho noted. BRICS nations have struck different tones on their relationship with the
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