The BRICS members’ political and regional concerns included: Foreign Minister

The accession of additional member nations in the economic organization BRICS may raise balance difficulties in addition to political and regional ones, according to Foreign Secretary Masoud Bin Momen. He expressed hope that Bangladesh would eventually be allowed to join the group of five nations, nevertheless.

On Sunday afternoon, the Foreign Secretary met with the media at the Ministry of Foreign Affairs. In response to a query concerning Bangladesh’s exclusion from the BRICS, he said this.

At the recently finished BRICS summit comprising Russia, Brazil, India, China, and South Africa, new members Saudi Arabia, Iran, United Arab Emirates, Egypt, Ethiopia, and Argentina were welcomed.

Bangladesh was expected to become a new member of the BRICS at the 15th summit, which was held in Johannesburg. When asked why Bangladesh could not join, the foreign secretary responded that there are numerous political and regional difficulties. Here, there needs to be some balance. There are two new members, one from North Africa and one from Latin America. from the Middle East as well. They therefore made an effort to achieve geographic balance.

There were other nations besides us who were interested, according to Masud bin Momen. they were unable to It is a continuous procedure. Politically speaking, you could say that we weren’t one of the six this time. However, we are in the BRICS New Development Bank. We have a chance to make money off of it. We are involved.

The foreign minister expressed optimism that Bangladesh would soon be able to join the BRICS. At the BRICS conference, Cyril Ramaphosa, the president of South Africa, declared, “This is the first step. Later, there will be more steps. Ideally, the following step will… We have a little time in between.

“As everyone was saying, BRICS will be an alternative platform for the G-7 or the Western economy, but the situation is not as straightforward,” Masud bin Momen remarked. However, we haven’t observed anything similar this time. BRICS have existed for fifteen years. So, aside from the New Development Bank, there aren’t many visible results. I don’t see many reasons to be disappointed. There is yet time.

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