Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

In mid-May, respective reports indicated that Bangladesh and India were engaging successful currency trading utilizing their respective currencies successful bid to code U.S. dollar liquidity challenges. Recent sources present uncover that Bangladesh is welcoming a ceremonial invitation to articulation the BRICS bloc. Speaking to reporters connected Monday, AK Abdul Momen, the overseas curate of Bangladesh, expressed his certainty astir their participation, stating, “We volition surely articulation erstwhile they invitation us.”

Bangladesh Foreign Minister connected BRICS: ‘We Will Surely Join Once They Invite Us’

All eyes volition beryllium connected the highly anticipated BRICS summit scheduled for August successful South Africa, arsenic the planetary assemblage eagerly awaits this important event. Comprised of Brazil, Russia, India, China, and South Africa, the BRICS bloc represents a almighty conjugation of determination economies. Currently, there’s a ample fig of countries that person either formally applied oregon expressed keen involvement successful becoming portion of this influential group.

An array of 29 countries, including Algeria, Argentina, Bahrain, Bangladesh, Belarus, Comoros, Cuba, Democratic Republic of Congo, Egypt, Gabon, Guinea-Bissau, Indonesia, Iran, Kazakhstan, Mexico, Nicaragua, Nigeria, Pakistan, Saudi Arabia, Senegal, Sudan, Syria, Thailand, Tunisia, Turkey, United Arab Emirates, Uruguay, Venezuela, and Zimbabwe, are presently vying for BRICS membership.

During a property league connected Monday, AK Abdul Momen, the overseas curate of Bangladesh, expressed that if a ceremonial invitation were extended to their South Asian nation, Bangladesh would clasp the accidental to articulation the BRICS group. “We volition surely articulation erstwhile they invitation us. We are yet to person immoderate ceremonial missive [inviting america to join]. The BRICS leaders are reasoning of taking immoderate emerging economies – astir 8 caller countries including Saudi Arabia, United Arab Emirates, Indonesia, and Bangladesh,” Momen told reporters connected Monday.

During his sojourn to Geneva, AK Abdul Momen dropped subtle hints that Bangladesh would soon go a subordinate of the esteemed BRICS bloc, with an expected introduction successful August. According to regional reports from the Dhaka Tribune, a ceremonial petition to articulation the confederation was “put forward” pursuing a gathering betwixt premier curate Sheikh Hasina and South African president Matamela Cyril Ramaphosa past Wednesday. The Tribune besides references an undisclosed root who revealed the quality of their discussions.

According to the Tribune, Momen took an further measurement by sending a ceremonial missive to Naledi Pandor, the existent president of the BRICS bloc and South Africa’s overseas minister. Furthermore, the determination newsdesk reached retired to Bangladesh’s overseas secretary, Masud Bin Momen, who confirmed their involvement and exertion to articulation the alliance, stating, “Yes, we person expressed our involvement and applied to articulation the alliance.”

Alongside deliberations connected the potential expansion of the BRICS bloc to encompass galore nations, the forthcoming acme volition delve into discussions surrounding the establishment of a unified BRICS reserve currency. In mid-May, it was reported that Bangladesh and India were trading successful their respective section currencies owed to a deficiency of liquidity successful the U.S. dollar.

What bash you deliberation astir AK Abdul Momen’s statements astir joining BRICS and the rumors of a ceremonial petition being sent? Share your thoughts and opinions astir this taxable successful the comments conception below.