Libya’s Foreign Minister of the Parliament-designate government, Abdel-Hadi Al-Hwaij, announced that the government is seriously considering joining the BRICS group. This move is part of a broader strategy aimed at strengthening economic relations with developing countries and ensuring sustainable economic growth.
The BRICS group, established in 2006, now comprises 10 member countries, including Russia, Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, and Saudi Arabia.
Speaking to Russia’s Novosti agency, Al-Hwaij revealed that Libya is already taking steps towards joining the group, potentially starting as an observer.
He also noted that comprehensive studies are being prepared on the matter, but emphasized that such decisions require discussions with various political factions.
BRICS represents around 45% of the world’s population, with Russia holding the presidency since January 2024. The next BRICS summit is set to take place in Kazan, Russia, from October 22 to 24.
Earlier, in July 2024, Libya’s Interim Government of National Unity expressed its willingness to participate in any international economic organization that would benefit the country, including BRICS.
Minister of Economy and Trade, Mohamed Al-Hwaij, highlighted Libya’s openness to global economic cooperation, stating that Libya welcomes any initiative that promotes global economic stability and improves the well-being of nations.
