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A shot in the arm for Russia and China, and setback for US and Europe, 19 countries have expressed interest in joining the BRICS group of nations as it prepares to hold an annual summit in South Africa. The emerging-markets bloc of Brazil, Russia, India, China and South Africa will meet in Cape Town on June 2-3 to discuss its enlargement. The countries that have expressed interest include Saudi Arabia and Iran. Other countries that have expressed interest in joining include Argentina, the United Arab Emirates, Egypt, Thailand, Indonesia, Nigeria, Senegal, Kazakhstan, Uzbekistan, and a number of African countries. Brics Summit 2023 will be important where it is expected that BRICS Currency will be unveiled along with new members. This is the brics news which many G7 countries would be watching closely. Russia Ukraine war has opened up new alliances which once we're unimaginable. China is capitalising on the same. Rare Earth Minerals supply to Europe and USA are very critical for electric cars, semiconductors etc. The U.S. Geological Survey’s recent report, Mineral Commodity Summaries 2022, documents the significant extent to which America relies on imports of numerous critical minerals, including many needed for electric vehicle batteries, solar panels, and wind turbines. United States was 100% net import reliant for 17 of those. Of the 35 minerals or mineral material groups identified as ‘critical minerals’ published in the Federal Register on May 18, 2018. #brics #rareearth #russiaukrainewar Source: Conversation with Bing, 27/4/2023 (1) 19 countries express interest in joining BRICS group. (2) BRICS: Who Are They and Why Are They a Threat to the US? - MSN. (3) BRICS Draws Membership Bids From 19 Nations Before Summit. (4) 20 Countries Now Interested in Joining BRICS | The Liberty Beacon. (5) The New Candidate Countries For BRICS Expansion. (6) 19 Countries Express Interest in Joining BRICS Group. Here's Why ... - MSN.
