Saudi Arabia formally joins BRICS bloc-- state TV

INSUBCONTINENT EXCLUSIVE:
Saudi state TV said on Tuesday that the kingdom had officially joined the BRICS bloc of countries.Saudi Arabia&s foreign minister had said
in August the kingdom would study the details before the proposed Jan
1 joining date and take &the appropriate decision,& Reuters reported.Prince Faisal bin Farhan had said the BRICS group was &a beneficial and
important channel& to strengthen economic cooperation.The BRICs bloc previously included Brazil, Russia, India, China, and South Africa, but
is set to double with Saudi Arabia joining the United Arab Emirates, Egypt, Iran, and Ethiopia as new members.Saudi Arabia&s entry comes
amid geopolitical tensions between the U.S
and China, and the expansion of China&s influence within the kingdom.Despite continued strong ties with the U.S., Saudi Arabia has
increasingly pursued its own path out of concern that Washington is less committed to the Gulf&s security than in the past.China, Saudi
Arabia&s biggest oil customer, has led calls for the BRICs to expand to become a counterweight to the West.The expansion could amplify the
group&s declared ambition to become a champion of the Global South, although Argentina signalled in November it would not take up an
invitation to join. The post Saudi Arabia officially joins BRICS bloc & state TV first appeared on Ariana News.