Another country announces it is about to join BRICS

Venezuela is moving closer to joining the BRICS group and is ready to offer fuel and mineral resources to future partners.

Venezuela announced it is about to join BRICS. (Source: Reuters)

Venezuelan Vice President Delcy Rodriguez made the remarks at an international economic conference in Caracas, broadcast by the Venezolana de Television channel.

"Venezuela has the largest fuel reserves in the world ," Ms. Rodriguez said. "With a daily production of 3 million barrels of oil, the country's fuel reserves are enough for nearly three centuries.

The country also has the world's fourth-largest natural gas reserves. It also has reserves of iron ore, coal, gold, and diamonds.

The formation of a new world order is at a turning point and we want to see our country become part of this new geopolitical reality."

BRICS originally comprised Brazil, Russia, India, China and South Africa. Earlier this year, the group began expanding its membership with Saudi Arabia, Iran, Ethiopia, Egypt and the United Arab Emirates (UAE) joining.

The group's expansion is a major move as it aims to eliminate the US dollar's dominance as the world's reserve currency.

Source: https://baoquocte.vn/them-mot-quoc-gia-thong-bao-sap-gia-nhap-brics-275811.html