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		</div><p>Saudi Arabia, Turkey and Egypt are in the process of submitting their applications to join BRICS after Argentina and Iran submitted their applications 3 weeks ago.</p>
<p>This information was allegedly stated by the President of the BRICS International Forum, Purnina Annand.</p>
<p><strong>What is BRICS</strong></p>
<figure id="attachment_174730" aria-describedby="caption-attachment-174730" style="width: 1084px" class="wp-caption alignnone"><img src="https://londonglossy.com/wp-content/uploads/2022/07/3F0C15A6-9414-4C1A-9B95-DBB422C2ABE1.jpeg" alt="" width="1084" height="793" class="size-full wp-image-174730" /><figcaption id="caption-attachment-174730" class="wp-caption-text">BRICS</figcaption></figure>
<p>BRICS founded in 2009 by 5 emerging economies namely: Brazil, Russia, India and China with an aim to promote, peace, development and cooperation amongst these 5 nations.</p>
<p>Headquartered in Shanghai, BRICS has become a formidable force to be reckoned with as they are just half of the world’s population and boast a combined higher GDP than the west. The combination of these countries are major producers of goods, supplies and food to the world.</p>
<p>The BRICS countries are already trading among themselves in their respective currencies bypassing the American Dollar which is a boost to their overall economies as the cost of living crisis skyrocketed in the Europe and North America.</p>
<p>Unfortunately the sanctions against Russia is hurting a great deal in the West and possibly getting many other countries in the world to be interested in joining the BRICS bloc.</p>
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