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Algeria applies to join BRICS ahead of summit, to give $1.5 bn
short by Disha Jana / 036 pm on 23 Jul 2023,Sunday
Algeria has applied to join BRICS ahead of the group's summit in Johannesburg in August and has submitted a request to become a shareholder member of the BRICS Bank with a $1.5-billion contribution. Over 40 countries have expressed interest in joining BRICS, a senior South African government official said. BRICS currently comprises Brazil, Russia, India, China, and South Africa.