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Ethiopia and BRICS
On January 1st, 2024, Ethiopia officially joined BRICS, after being invited in August 2023. BRICS (named after its founding members: Brazil, Russia, India, China, and South Africa) is an intergovernmental organization that can be broadly understood as a political and economic counterweight to Western-dominated organizations like the OECD, the International Monetary Fund, and the World Bank. What does this mean for Ethiopia and how will this benefit the BRICS nations?
