Quote Attributed to: His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs

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The UAE’s joining of BRICS is the culmination of the leadership’s efforts to forge international partnerships that cement the country’s fiscal and economic status, in line with its mission to support global sustainable development and enhance international cooperation among developing and emerging economies.

Our relationship with the bloc began in October 2021, when the UAE became a member of BRICS’ New Development Bank, where Emiratis sit on the board of directors. We are actively participating in the bank’s annual meetings, knowledge exchange, and sharing of best practices. This benefits member states, as well as friendly states, especially when facing common global challenges, by establishing a new structure for global partnerships in international development, based on mutual benefit and respect.