Vietnam reacts to potential BRICS membership in 2024

Ngoc Mai - Lien Ha

May 09, 2024 / 07:24 PM

Vietnam is committed to participating in and contributing positively to global and regional multilateral frameworks.

Vietnam remains interested and continues to monitor the BRICS expansion process, stated the Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang.

BRICS accounts for nearly 37% of global GDP. Source: AFP

At the regular press briefing today [May 9], a question was raised about Vietnam's possible entry into the BRICS group of leading emerging economies (including Brazil, Russia, India, China, and South Africa) in 2024, based on information posted on BRIC News, the bloc’s Twitter account.

According to Hang, as an active and responsible member of the international community, Vietnam is committed to engaging in and contributing positively to global and regional multilateral mechanisms, organizations, and forums, while implementing a policy of multilateralism, diversification, and self-reliance in foreign affairs.

"Like many countries around the world, we are closely monitoring the process of BRICS membership expansion," stated Hang.

Since January 1, 2024, BRICS has reached a historic milestone by welcoming five new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE), bringing the total number of countries in the bloc to 10. This marks the first expansion of BRICS since 2010. With the new members, BRICS now accounts for approximately 37% of global GDP in purchasing power parity terms and 46% of the world's population.

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