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  5. The expert explained why Algeria applied to join the BRICS

The expert explained why Algeria applied to join the BRICS

MOSCOW, Nov 8 Algeria's desire to join BRICS is evidence of The ever-increasing role of this economic union, in the context of global turbulence, it is seen by many as a kind of island of stability, said Svetlana Babenkova, senior researcher at the Center for Arab and Islamic Studies at the Institute of Oriental Studies of the Russian Academy of Sciences.
It was reported on Monday that Algeria had filed an official application to join the BRICS. BRICS unites Brazil, Russia, India, China and South Africa. A number of other countries want to join the economic bloc, including Argentina, Iran, and also, according to the Chinese Foreign Ministry, Indonesia, Turkey, Saudi Arabia, Egypt. BRICS is playing an increasingly prominent role in the world An island of stability No wonder more countries want to become members Algeria is the latest evidence of this A major player in North Africa, thanks to its rich oil and gas reserves, today sees BRICS as a strength , capable of resisting the dominance of the West,” she said.

The expert recalled that since 2005 Algeria has been an associate member of the European Union. But today the country, according to its leaders, is clearly disappointed in trade and economic relations with the EU, considering the bet made on the EU 17 years ago unsuccessful, Babenkova noted.
“I think Algeria is tired of unequal relations with the West, because I have always considered the country as my raw material appendage,” concluded a researcher at the Center for Arab and Islamic Studies of the Institute of Oriental Studies of the Russian Academy of Sciences.

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