2 January 2024
Saudi Arabia has officially joined the BRICS bloc, as confirmed by state TV, marking a significant shift in global alliances. This move aligns the kingdom with Brazil, Russia, India, China, and South Africa, along with other new members including the UAE, Egypt, Iran, and Ethiopia. The decision reflects Saudi Arabia’s efforts to diversify economic partnerships amid changing geopolitical dynamics, particularly with the U.S. and China. With China as its largest oil customer, Saudi Arabia’s entry into BRICS, led by Chinese advocacy, represents a strategic pivot towards enhancing its economic and geopolitical stance globally.