Vietnam Working on BRICS Membership Bid
来源:www.azerbaycan24.com;发表于:2024-04-19;人气指数:43
Friday, April
19, 2024
Vietnam Working on BRICS Membership
Bid
Vietnam is actively working on a bid to
join the BRICS economic group, the Izvestia newspaper has reported, citing
Hanoi’s embassy in Russia.
BRICS members Brazil, Russia, India,
China, and South Africa were joined by four more countries at the start of this
year, when Ethiopia, Iran, Egypt, and the United Arab Emirates formed part of a
major expansion. Saudi Arabia has also been approved as a member but is
reportedly considering final ratification of its accession.
Vietnam has yet to make a decision on a
formal membership bid, although it is establishing a framework for BRICS
participation and a potential request to join the group, Izvestia said, citing
the Asian nation’s diplomatic mission in Moscow. Hanoi has not revealed if
Vietnam will send a delegation to the BRICS summit scheduled for the Russian
city of Kazan in October.
The bloc’s political and economic
influence has increased significantly since sanctions were imposed on Moscow by
the US and its allies following the start of the Ukraine conflict in 2022.
BRICS members have not joined the Western campaign and have continued or
boosted trade with Russia.
Numerous other nations have expressed
interest in becoming BRICS members, and some have already formally submitted
applications, including Venezuela, Thailand, Senegal, Cuba, Kazakhstan,
Belarus, Bahrain, and Pakistan.
Vietnam’s economy has been a development
success story, according to the World Bank. Economic reforms undertaken over
the past four decades have helped propel the country from being one of the
world’s poorest nations to a middle-income economy in one generation. The
Vietnamese economy grew by 5.05% in 2023, missing the official growth target of
6.5%, although the World Bank has forecast steady GDP growth in the coming
years.
Vietnam’s manufacturing sector includes
industries such as textiles and garments, electronics, machinery, footwear, and
food processing, and has attracted significant foreign investment.
Hanoi has adopted a neutral stance
towards Russia’s conflict with Ukraine. Vietnam abstained on four of the UN
General Assembly resolutions condemning Moscow’s actions, and voted against a
motion to remove Russia from the UN Human Rights Council.
Source: www.azerbaycan24.com