Venezuela Officially Applies to Enter BRICS
Nicolas Maduro, President of Venezuela, announced that the government had already presented an official application to join the BRICS bloc, comprised of Brazil, Russia, India, China, and South Africa. In a weekly TV program “Con Maduro Mas,” Maduro detailed that Venezuela hopes to join the organization to “learn, support and help” grow the bloc’s vision.
Main Breakdowns:
- Venezuela has applied to join the BRICS bloc.
- Maduro sees joining BRICS as an opportunity to learn and grow.
- Venezuela’s application will be considered in the next BRICS summit.
- China, Russia, and Brazil have shown positive responses to Venezuela’s interest.
- Belarus has also applied to join BRICS, along with 25 other states.
Venezuela’s Path to BRICS
Venezuela had previously expressed its intention to join the BRICS bloc. During an official visit to Brazil in May, President Maduro stated that Venezuela wanted to be part of the bloc to support the construction of a new world order. Brazilian President Lula da Silva and China and Russia also expressed support for Venezuela’s application. Belarus and other states have also submitted requests to join BRICS.
Hot Take
Venezuela’s official application to join the BRICS bloc shows the country’s desire to align itself with influential global powers. By joining BRICS, Venezuela hopes to gain support and learn from the other member nations. While it is uncertain whether Venezuela’s application will be accepted, the positive responses from China, Russia, and Brazil indicate a potential willingness to consider Venezuela’s request. If accepted, Venezuela would have the opportunity to strengthen its economic cooperation and move away from unilateral hegemony. However, the final decision lies with the BRICS nations, who will discuss this matter in their upcoming summit.
Benito Cormi, the brilliant crypto analyst who has made waves in the world of cryptocurrency. With his razor-sharp analytical skills and deep understanding of the digital asset landscape, Benito has become a trusted figure in the industry and remains at the forefront, tirelessly researching and analyzing market trends to help individuals and businesses make informed decisions in this dynamic landscape.