Further Reading: Local Currencies, Not US Dollar, for BRICS Bank's $3 Billion Intention to Raise
A significant expansion is apparent, with BRICS potentially forming a larger assembly if several states are granted entry. This piece will spotlight the 25 countries set to initiate their involvement with BRICS by the close of 2024.
Naming the 25 Countries Eager for 2024 BRICS Integration
25 countries, in total, have shown keenness and formally propelled their application to be counted among BRICS members in 2024. Anticipation over additional countries voicing interest in this opportunity remains high. Here is the complete roster of countries vying for inclusion in the BRICS ensemble this year, 2024.
Other Intriguing Read: BRICS Propose $28 Billion Worth Bonds in Local Currency, Leaving Out US Dollar
Filed BRICS Membership Application
- Algeria
- Bahrain
- Bangladesh
- Pakistan
- Bolivia
- Cuba
- Kazakhstan
- Kuwait
- Palestine
- Senegal
Showed Intent to Affiliate with BRICS
- Afghanistan
- Angola
- Comoros
- Democratic Republic of Congo
- Gabon
- Guinea-Bissau
- Mexico
- Nicaragua
- Sudan
- Syria
- Tunisia
- Turkey
- Uganda
- Uruguay
- Zimbabwe
More Information: BRICS and Morgan Stanley's Downgrade Of The U.S. Dollar
Summing up, out of the 25, 10 nations have officially sought BRICS membership. The remainder, 15 nations, only indicated interest in aligning with the bloc, with their applications still pending. The decision on further enlargement could unfold at the subsequent BRICS summit in October 2024, slated for Russia’s Kazan region.