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IMF backs BRICS expansion

September 13, 2024
IMF backs BRICS expansion
IMF backs BRICS expansion

IMF spokeswoman Julie Kozack says BRICS expansion and initiatives aimed at “reducing fragmentation” in the…
RT International RT International

By RT International

Enhanced international economic cooperation “should be welcomed and encouraged,” a spokeswoman has said

BRICS expansion should be “encouraged,” Julie Kozack, a spokeswoman for the International Monetary Fund, told journalists on Friday. Speaking in response to a a question about Turkish plans to join the group, she added that growth of the group could be beneficial globally.

Türkiye was the latest nation to formally apply for BRICS membership in early September. Founded in 2009 by Russia, China, India, and Brazil, the organization was joined by South Africa the following year. In 2024, the group expanded further to include Egypt, Iran, the United Arab Emirates, and Ethiopia.

Earlier on Friday, Russian President Vladimir Putin noted that up to 34 nations had expressed interest in BRICS, with ongoing discussions about potential partnerships.

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