On the morning of August 24, local time, the 15th meeting of BRICS leaders held a special press conference, announcing the expansion of BRICS.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates were invited to join the BRICS cooperation mechanism.
BRICS, because it quotes the English initials of Brazil, Russia, India, China and South Africa. Because the word is similar to the English word brick (Brick), it is called “BRIC”.