By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Process of expansion is based on consensus: MEA on Algeria’s BRICS membership – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > Process of expansion is based on consensus: MEA on Algeria’s BRICS membership – World News Network
World

Process of expansion is based on consensus: MEA on Algeria’s BRICS membership – World News Network

worldnewsnetwork
Last updated: October 9, 2024 12:00 am
worldnewsnetwork
Share
6 Min Read
SHARE

New Delhi [India], October 9 (ANI): Algeria is a strong contender in the second wave of BRICS expansion, but the process would require the consensus of all member nations, the Ministry of External Affairs said on Wednesday ahead of President Droupadi Murmu’s visit to the African nation.
India is also exploring avenues for trade in local currencies, promoting UPI to enhance cooperation with African nations.
“Our effort has always been to bilaterally engage, to get them to do trading and settlements in local currencies. This process is on. It will not happen overnight because there are technical issues, the country’s willingness, and the community’s interest – so it’s a process,” MEA Secretary (ER) Dammu Ravi said in the press briefing today.
Ravi emphasised the successful engagements with some African countries while acknowledging that others are still in the process of adaptation.
“They are keen to look at alternatives and trade settlements in alternative currencies. UPI, for example, will become very attractive for many countries, so it’s a work in progress. We should be able to engage with them more deeply on these concepts, particularly national currency trading and UPI,” he added.

Being asked about whether Algeria, Mauritania, and Malawi have shown interest in joining BRICS grouping, the MEA Secy said that it is a process and all member nations have to agree for it to happen.
“This is a process. The expansion of BRICS is a process, and it started off during the chairship of South Africa last year, and some countries could get in. The process of expansion is based on consensus; all the countries will have to agree,” he explained.
While Algeria was not part of the first wave of expansion, Ravi indicated that it remains a strong candidate for the second wave.
“For some reason or another, Algeria was not part of the first wave of the expansion, but it is very much a candidate in the second wave. So we’ll have to see how it goes. It’s just not India that’s supporting it; all the member countries will have to take a call as to who can come in this expansion of BRICS,” he added.
The BRICS Summit is scheduled to be held in Kazan, Russia later this month.
Notably, five new nations — Saudia Arabia, Egypt, UAE, Iran and Ethiopia — became part of the BRICS grouping last year during the summit in Johannesburg.
Being asked on concerns with Algeria and Mauritania, being members of the Organisation of Islamic Cooperation (OIC) — a group which has time and again taken ‘anti-India’ stand — MEA said that both nations are aware of India’s position.
“Both at the Mauritania and Algerian level, we have taken up our concerns, and both are sympathetic and are very much aware of our position on the issues that come up with the OIC. We have generally found support from both countries on the matters that are sensitive to us,” MEA Secretary (CPV and OIA) Arun Chatterjee noted.
Chatterjee reiterated the evolving nature of defence collaboration between India and Algeria. “Defence is an evolving area of cooperation between India and Algeria, and it has been found to be a prospective field where both sides can cooperate,” he said. The focus is currently on organising training programs for Algerian defence personnel in India and facilitating senior defence-level exchanges.

“We are looking at exchanges of visits at senior defence levels, defence exports from India to Algeria, and we can have cooperation at think tank levels to discuss research and other defence areas. We can have seminars between the defence personnel,” Chatterjee explained.
Additionally, he mentioned the possibility of bilateral joint exercises, whether at the naval level or involving armed forces, emphasising the potential for greater collaboration. “These are the areas we are looking at at this moment, and hopefully, we should be able to concretise them in the coming days.”
Meanwhile, Prime Minister Narendra Modi will be visiting Laos from October 10-11, where he is set to attend the 21st ASEAN-India Summit and the 19th East Asia Summit, being hosted by Laos, which is the current Chair of the Association of Southeast Asian Nations.
“The State Visit by President Murmu to Algeria, Mauritania and Malawi is reflective of India’s deep desire to strengthen its partnership with countries in Africa. It comes a year after the African Union was made a permanent member of G 20 during India’s Presidency,” the MEA added. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

US Federal Reserve hints at potential tax cuts amid shaky job market – World News Network

UAE delegation reviews Alexandria University’s programmes in preparation for opening its branch in Abu Dhabi – World News Network

Canada to remove all retaliatory tariffs on CUSMA-compliant US goods by Sept 1 – World News Network

Israel returns to normality after drone attack from Yemen – World News Network

“Not being a part of it is only a political decision”: Israeli Consul General Kobbi Shoshani on astronomy olympiad suspension – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article BJP set to form third successive government in Haryana; NC-Congress alliance wins majority in J-K – World News Network
Next Article “India lost an icon”: President Murmu condoles demise of Ratan Tata – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

India’s forex reserves rise for second week, up $1.48 bn to $695.10 bn: RBI – World News Network
Business August 23, 2025
The Evolution of HR Technology in India: What’s Next for Enterprises? – World News Network
Business August 23, 2025
Ticket to Switzerland: Four Teams, One Epic Journey–A YouTube Adventure Across the Swiss Wonderland – World News Network
Business August 23, 2025
Art exhibition Past Forward, organised by Dali by Comdez, concludes – World News Network
Business August 23, 2025

Sports

Saudi Super Cup 2025 final: Ronaldo aims for first major trophy with Al Nassr – World News Network
Sports
Ex-West Indies all-rounder Smith speaks on team’s recent poor performances – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

‘Bigg Boss 19’ house unveiled: The stage is all set for ‘Gharwalon Ki Sarkaar’ this year – World News Network
Entertainment
“Dogesh bhai! Tum aage bahdo!” Raveena Tandon welcomes SC’s revised order on stray dogs – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?