BizBeat 724: BRICS expansion injects vitality into global governance

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02:27

BRICS leaders welcomed Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE as new members of the bloc on Thursday. Membership applications received from over 20 countries highlighted BRICS' escalating influence. CGTN's Yu Bokun, in this episode of BizBeat, notes how the expansion rejuvenates the BRICS cooperation mechanism as well as strengthens multilateralism and global development initiatives.