Ethiopia's accession to BRICS has raised the country's performance to a qualitatively new level, Russian Ambassador to Ethiopia Yevgeny Terekhin said.
"Ethiopia's accession to BRICS on January 1, 2024, has elevated the country to a fundamentally new level of international activity. Addis Ababa has become part of a group that accounts for 35.6% of global GDP, already exceeding the G7 (30.3%). The member countries have a collective GDP of $58.9 trillion, occupy 36% of the world's land area, and comprise 45% of the planet's population," he said in response to a relevant question.
The ambassador added that Russia actively supports the involvement of Ethiopian banks in these processes, as well as Ethiopia's accession to the New Development Bank, where the country "plans to focus on energy and industrial projects."
#NEWS #Ethiopia #energy
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