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The UAE’s accession to the BRICS group highlights its commitment to multilateral cooperation, constructive international dialogue, and the promotion of global partnerships that drive sustainable development, prosperity, and collective well-being. Today, BRICS represents approximately 45% of the world’s population, 25% of global exports, and accounts for 29% of global GDP, reflecting its growing influence in shaping global economic and geopolitical dynamics.
In 2024, the UAE formally joined the BRICS group following a successful application ratified by the five founding members: the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China, and the Republic of South Africa. This strategic move further strengthens the UAE’s role in shaping inclusive and multipolar global governance.
Strengthening economic cooperation with BRICS member countries by identifying and leveraging new opportunities for trade, investment, and strategic partnerships.
Promoting financial stability and enhancing cooperation frameworks to support the achievement of the Sustainable Development Goals (SDGs), while fostering a diversified, knowledge-based economy driven by scientific and technological progress.
Leading key economic initiatives within BRICS to solidify the UAE’s role as a strong advocate for multilateralism and inclusive global economic governance.
Balancing global policy priorities with the developmental needs of Global South countries, ensuring that international economic agendas reflect the realities and aspirations of emerging markets.
Advocating for inclusiveness and fairness in the global economy by promoting policies that consider the interests of developing nations and reduce inequality across borders.
Supporting the development agenda of the BRICS New Development Bank to maximize its impact in advancing infrastructure, innovation, and sustainable growth across emerging economies.
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