South African president, Cyril Ramaphosa said in a press conference after meeting with Saudi Crown prince Mohammad Bin Salman Al Saud that Saudi Arabia has expressed interest in joining the BRICS economic group which Includes Brazil, Russia, India, China and South Africa.
Ramaphosa said, they are not the only country seeking membership, Egypt, Iran and a few more countries showed keenness to join the BRICS. He said his country will chair the 2023 BRICS summit where the group will decide of its expansion.
The BRICS is considered to have the fastest economic growth in the world where they contribute about 25% of the total output and occupy about 26% of the Worlds land.
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