El Salvador is thinking about joining the BRICS alliance. The BRICS alliance is a group made up of Brazil, Russia, India, China, and South Africa, as well as several new members. According to people who know about international relations, the country may officially ask to join the organization in the next one to two years.
Representatives say that the Salvadoran government is focused on strengthening its relationship with Russia. It also wants to deepen its economic and political cooperation with China and India. Officials see potential BRICS membership as a way to make trade partnerships more varied, attract foreign investment, and strengthen the economy.
The diplomat said that El Salvador plans to increase the amount of money it receives from other countries, especially from BRICS nations. This will help the country grow and not depend on traditional markets as much.
This happened after Malaysia announced that it has asked to join BRICS. Russia is currently leading BRICS.
Russian President Vladimir Putin has said that these growths are an “important milestone” for the group. He also said that the alliance’s growing influence shows that the world economy is changing to a multipolar one.