Emerging Markets | MCQs

Explanation

In 2024, Ethiopia and Egypt, both located in Africa, were members of BRICS 

Nigeria and Uganda became partner countries of the grouping in 2025

Additional information 

BRICS founded: June 2009

BRICS Member countries:

1. Brazil
2. Russia
3. India
4. China
5. South Africa
6. Egypt
7. Ethiopia
8. Iran
9. Saudi Arabia
10. The United Arab Emirates 

BRICS headquarters: Shanghai, China

BRICS first conference hosted by: Russia (2009) 

Explanation

• • Six new countries Saudi Arabia, Iran, Ethiopia, Argentina, Egypt and the United Arab Emirates were invited to become members of BRICS.
  • Five countries became full members of BRICS on Jan 1, 2024.
  • However, Argentina declined to join BRICS.

• Know everything about BRICS: 
• BRICS founded: June 2009
  
• BRICS Member countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates
  
• BRICS total members: 10 
• South Africa joined BRICS: 2010
• BRICS headquarters: Shanghai, China
• BRICS first conference hosted by: Russia (2009) 

Explanation

                   In January 2025, Nigeria has been admitted as a "partner country" of the BRICS bloc.

                Nigeria is the ninth partner country.

               Nigeria aligns with BRICS on South-South cooperation and global governance reform.

  Know everything about BRICS: 

• BRICS founded: June 2009
  
• BRICS Member countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates
  
• BRICS total members: 10 
• South Africa joined BRICS: 2010
• BRICS headquarters: Shanghai, China
• BRICS first conference hosted by: Russia (2009)
• Indonesia became 10th member of BRICS in Jan 2025