South Africa formally invited into BRIC
"China, in its capacity as rotating chairperson of the Bric formation, based on agreement reached by the Bric member states, invited South Africa as a full member into what will in future be called Brics," Nkoana-Mashabane told journalists in Pretoria.
Being from South Africa I'm pretty happy about it, I cannot help but think it was a political move though. Really makes no sense to include South Africa when you look at the other members.
So it's Brazil, Russia, India, China and now South Africa.
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