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	<title>awaiting approval &#8211; Bitfinance</title>
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		<title>Venezuela formally requested its entry into the BRICS</title>
		<link>https://bitfinance.news/en/venezuela-formally-requested-its-entry-into-the-brics/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Wed, 02 Aug 2023 18:00:35 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Legal & legislative]]></category>
		<category><![CDATA[application for membership]]></category>
		<category><![CDATA[awaiting approval]]></category>
		<category><![CDATA[brics]]></category>
		<category><![CDATA[cooperation]]></category>
		<category><![CDATA[Nicolás Maduro]]></category>
		<category><![CDATA[Venezuela]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=97126</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="800" height="450" src="https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Venezuela solicitó formalmente su ingreso al Brics" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_.jpg 800w, https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_-768x432.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></div><p>Venezuela made the formal request to be part of the BRICS (Brazil, Russia, India, China and South Africa), as announced this Monday by Nicolás Maduro, president of the South American nation. They are waiting for the approval. However, Maduro indicated that they hope that the request will be taken into account and approved, sooner rather [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/venezuela-formally-requested-its-entry-into-the-brics/">Venezuela formally requested its entry into the BRICS</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="800" height="450" src="https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Venezuela solicitó formalmente su ingreso al Brics" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_.jpg 800w, https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_-300x169.jpg 300w, https://bitfinance.news/wp-content/uploads/2023/08/F2c1dnWXkAAfhE_-768x432.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /></div><p class="MsoNormal" style="text-align: justify;"><strong>Venezuela</strong> made the <strong>formal request to be part of the BRICS</strong> (Brazil, Russia, India, China and South Africa), as announced this Monday by Nicolás Maduro, president of the South American nation.</p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="mso-ansi-language: EN-US;">They are waiting for the approval. However, Maduro indicated that they hope that the request will be taken into account and approved, sooner rather than later, &#8220;by the authorities of this<strong> global integration bloc.&#8221;</strong></span></p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="mso-ansi-language: EN-US;">He stressed that <strong>&#8220;the BRICS is a driving force behind the emergence of the multipolar world,</strong> and he considered it satisfactory and hopeful that its <strong>expansion is being considered</strong> at this time to facilitate the balance of the new world that is being born, with new countries in the eventual BRISC+&#8221;.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="mso-ansi-language: EN-US;">Last May, Venezuela had already declared its desire to join the BRICS. Decision that was supported by Russia and China, founding members of this block, in 2009, to confront the <strong>&#8220;hegemony&#8221; of the dollar in the global commercial scenario.</strong></span></p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="mso-ansi-language: EN-US;">Representatives of the ruling party consider that the <strong>eventual incorporation of Venezuela</strong> to the BRICS would open the doors to <strong>better investment conditions in strategic businesses</strong>, in addition to <strong>strengthening its economy.</strong></span></p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="mso-ansi-language: EN-US;">As for the block, its <strong>expansion will be addressed at the next summit that will take place on August 22 and 24</strong> in the South African city of Johannesburg.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span lang="EN-US" style="mso-ansi-language: EN-US;">M.Pino</span></p>
<p class="MsoNormal"><span lang="EN-US" style="mso-ansi-language: EN-US;">Source: </span><span style="font-family: 'robotoregular','serif'; color: #333333; background: white;"><a href="https://www.eluniversal.com/politica/160917/venezuela-solicita-su-incorporacion-al-brics" target="_blank" rel="noopener">eluniversal</a></span></p>
<p class="MsoNormal"><span lang="EN-US" style="font-family: 'robotoregular','serif'; color: #333333; background: white; mso-ansi-language: EN-US;">(Reference image source: Twitter, </span><span style="font-family: 'robotoregular','serif'; color: #333333; background: white;"><a href="https://twitter.com/CiipVen" target="_blank" rel="noopener"><span lang="EN-US" style="mso-ansi-language: EN-US;">@CiipVen</span></a></span><span lang="EN-US" style="font-family: 'robotoregular','serif'; color: #333333; background: white; mso-ansi-language: EN-US;">)</span></p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/venezuela-formally-requested-its-entry-into-the-brics/">Venezuela formally requested its entry into the BRICS</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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