Friday, July 18, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Economy

Libya Seeks to Join BRICS

October 2, 2024
Libya Seeks to Join BRICS
Share on FacebookShare on Twitter

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.

Tags: BRICSeconomyForeign Ministerlibya
Next Post
Jennifer Gavito, the nominee for US Ambassador to Libya

US Ambassador Nominee to Libya Withdraws

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libyan Militia Leader Arrested in Germany Under ICC Warrant

Libyan Army Conducts Military Operation Against Criminal Gangs on Southern Border

Libya & Turkey Sign Strategic Agreement

France & UK Call on Libya to Investigate Attacks on Diplomatic Staff

Libya’s NOC & BP Sign Agreement to Redevelop Major Oilfields

Libya’s Saddam Haftar Meets Pakistan’s Army Chief

EDITOR PICKS

Libyan Coast Guard Rescues 78 Migrants

ICC Welcomes Arrest of Libyan War Crimes Suspect Khaled El Hishri in Germany

Libya’s Saddam Haftar Meets Pakistan’s Army Chief

Libyan University Students Urge End to Delay in National Elections

Gulf Companies Consider Libya’s Sirte Port Expansion Plans

Libya Concludes Workshop on Human Trafficking

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR