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</html><thumbnail_url>http://bricsmagazine.com/en/wp-content/uploads/sites/2/2024/08/04_43-scaled.jpg</thumbnail_url><thumbnail_width>2560</thumbnail_width><thumbnail_height>1709</thumbnail_height><description>BRICS is expanding. From 2024, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates will be full members of BRICS. The Declaration of the 15th BRICS Summit in South Africa also tasked the member states&#x2019; foreign ministers &#x201C;with further developing the BRICS partner country model and the list of prospective partner countries&#x201D;. BRICS+ will thus be taking shape as &#x201C;Friends of BRICS&#x201D;, with various forms of cooperation to be developed within its framework. One of the key areas is trade liberalization, opening up member states&#x2019; markets to their partners. There is much still to be done in this area, including at the legislative level, but the trend is evident: the economies of BRICS countries and their Friends are becoming increasingly interrelated.</description></oembed>
