Expansion of BRICS Opened Opportunities for Strategic Partnerships, Says Foreign Affairs Institute

Addis Ababa, April 24/2024 (ENA) Inclusion of diversified countries into BRICS has opened great opportunities for strategic partnerships among the member states and peoples in the political, economic and social sectors, according to the Ethiopian Institute of Foreign Affairs.

A roundtable meeting on strengthening cooperation between Ethiopian and Russian academic and think tank institutions under the BRICS framework was held in Addis Ababa today.

The meeting is in preparation for the upcoming BRICS Academic Forum to be held in Moscow next month, it was learned.

Opening the roundtable meeting, Institute of Foreign Affairs Executive Director Jafar Bedru said Ethiopia recognizes the importance of multilateralism and is dedicated to an active participation in the effort to comprehensive reform at architecture of global governance to make it more representatives, inclusive, and diversified.

 

According to him, Ethiopia strongly supports the reform of the UN system and other multilateral institutions in ways that reflect greater representation and inclusion of all countries and regions in the global decision making process. 

Since its official joining of BRICS in the first of January 2024, Ethiopia has been an active member of the bloc, and the country has been playing an irreplaceable role in creating stable, peaceful and prosperous global community.

“The newly expanded BRICS accounts for half of the world's population and the global economy,” the executive director noted.

He explained that there have been major achievements in terms of acceding to the major memorandum of understanding, participation in successive BRICS meetings and finalizing the Ethiopian engagement strategy with BRCS plus collective of countries.

BRICS Expert Council Head, Victoria Panova of Russia said that many countries have been showing interest to become members of the bloc because it has become so successful and attractive to the rest of the world.

 

There are now 10 member countries, but “we have more than 40 countries that are willing to access to it,” she revealed.

BRICS is not about competing, it's about providing for positive agenda, providing for filling the gaps that exist, Panova added.  

The bloc offers the new model that will be responding to the interest of all the countries of the world majority rather than just a few.

According to the council head, today's forum is very important to dicuss issues of cooperation, both horizontal and vertical, between all parts of societies and BRICS countries, which provide for feedback and for new innovative ideas to proceed to the leaders. 

 

 

 

 

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