RT.com
01 Aug 2022, 03:47 GMT+10
President Abdelmadjid Tebboune has suggested that the North African country largely meets the requirements for joining the group
Algerian President Abdelmadjid Tebboune has reportedly said that his country is interested in joining the BRICS and is close to qualifying for membership in the group.
Algeria largely meets the conditions for joining BRICS already, Tebboune said on Sunday in an interview with a state-owned broadcaster. The group is named for its member states - Brazil, Russia, India, China and South Africa - and it plans to consider adding Saudi Arabia, Turkey and Egypt at its summit next year.
This year's BRICS summit, which was held online in June, was expanded to include participation from 13 other countries, including Algeria. Tebboune was the first guest to speak, calling for "a new economic order where parity and equity between countries will reign."
"Our past experiences have shown us that the imbalance recorded on the international scene and the marginalization of emerging countries within world bodies constitute a source of instability, lack of equity and absence of development," the Algerian president added.
BRICS nations already account for more than 40% of the world's population. The bloc's stated goals are to promote peace, security, development, global cooperation and development of humanity. Iran and Argentina formally applied to join the group in June.
Russia, China and other BRICS members are reportedly developing a new global reserve currency, potentially undermining the dominance of the US dollar.
Tebboune said during the same television interview that Algeria, a former French colony, will start teaching English in elementary schools this year. "French is a spoil of war," he said, "but English is an international language."
Get a daily dose of Argentina Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Argentina Star.
More InformationGENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
NEW YORK, New York -U.S. stock markets closed with broad gains on Thursday, led by strong performances in U.S. tech stocks, while European...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...