BRICS leaders agreed on Wednesday to expand the five-state bloc's membership, and a major announcement will be made before the conclusion of the three-day summit in Johannesburg, South Africa's Foreign Minister Naledi Pando said, APA reports citing Anadolu.
“As the president indicated earlier today, we have agreed on the matter of expansion. We have a document that we have adopted and set out guidelines and principles of processes for considering countries that wish to become members of BRICS,” Pandor said in an interview with Ubuntu Radio, which is run by the Foreign Ministry.
The minister said a more detailed announcement will be made by BRICS leaders before the conclusion of the summit on Thursday.
More than 20 countries have expressed interest in joining the bloc of emerging economies that includes Brazil, Russia, India, China, and South Africa.
BRICS leaders are currently meeting behind closed doors in Johannesburg for the bloc's 15th summit.
The BRICS summit started on Tuesday and will conclude on Thursday with leaders announcing some of the issues they have agreed on which could include the admission of new members and the possibility of having their own currency.
Some of those interested in joining the block include oil giants Saudi Arabia, Iran, and the United Arab Emirates among others.