Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of USD 1.5 billion, Ennahar TV quoted Algerian President Abdelmadjid Tebboune as saying.
It added that Tebboune said at the end of his visit to China that Algeria had sought to join the BRICS to open new economic opportunities.
“We officially applied to join the BRICS group, we sent a letter asking to be shareholder members in the bank … Algeria’s first contribution in the bank will be $1.5 billion,” Ennahar quoted Tebboune as saying.
More than 40 countries expressed interested in joining BRICS.