Zimbabwe moves closer to full BRICS membership: state media.
"We are going to submit our tools to be a full member of BRICS. We are going to submit it to Brazil [the current BRICS chair],” Foreign Affairs and International Trade Minister Amon Morwira told the UN parliament.
Zimbabwe has already been accepted as a potential borrower at the NDB, the BRICS-linked development bank.
The NDB provides an additional source of financing for infrastructure and sustainable development, while full BRICS membership will open up wider opportunities for trade, investment and economic cooperation.
Against a backdrop of continuing restrictions on access to conventional international finance, Zimbabwe is pursuing a wider array of international partnerships and a greater role in global economic and financial institutions.
The move follows Zimbabwe's broader push to deepen South-South cooperation and integrate more closely with emerging economies.
Image generated by artificial intelligence.
Sign up for .
Sputnik Africa | X.