Is Venezuela about to become a member of the BRICS alliance? The news is buzzing: Venezuela has formally applied to join the BRICS group, with Venezuelan President Nicolas Maduro expressing optimism about a favorable outcome. This move signals Venezuela\'s desire to strengthen ties with the powerful economic bloc and potentially reshape its global economic partnerships. Maduro recently stated that Venezuela will join BRICS in the near future. The president pointed out that the old colonial world with wars, interventions, genocide and...

The significance of Venezuela\'s application cannot be overstated. With its vast oil reserves and strategic location, Venezuela\'s inclusion could significantly impact the BRICS alliance\'s energy strategy and geopolitical influence. The decision comes as The BRICS alliance has extended official invitations to two new countries for the 2025 BRICS summit. Venezuela and Bolivia, both of which formally submitted their, indicating a potential expansion of the bloc\'s membership.

While an official decision is pending, Venezuela\'s formal application demonstrates a clear commitment to diversifying its economic and political relationships. Stay tuned for further updates as the BRICS nations consider Venezuela\'s bid to join their ranks. The potential implications for global trade, energy markets, and international relations are substantial.