Cuba Obtains "Partner" Status With BRICS. Cuba Does Not Bring Anything To BRICS Members. Cuba Wants Access To Funds From NDB.

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Prensa Latina News Agency
Havana, Republic of Cuba
25 October 2024

“Cuban President Miguel Díaz-Canel today has highlighted his country's joining the BRICS+ as an associate member, which was approved at the group's 16th Summit held in Kazan, Russia.  

In his profile on X social media, the Head of State wrote: “Cuba is honored to join the Brics+ as a partner country, five letters and a great hope for the countries of the South, in the arduous path towards a more just, democratic, equitable and sustainable international order.” 

Foreign Minister Bruno Rodriguez also reaffirmed Cuba’s interest and commitment to work together with the members of this group in defense of multilateralism, peace, international law and the construction of a development and cooperation agenda that responds to the priorities of the South. 

The Caribbean nation was admitted as an associate member of the BRICS together with 12 other countries; these are Algeria, Belarus, Bolivia, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan and Vietnam.” 

BRIC/BRICS/BRICS+ 

BRIC was created in September 2006 and officially organized in June 2009 by the governments of Brazil, Russia, India, and China.   

In December 2010, the government of South Africa became a member; and BRIC became BRICS.   

In January 2024, the governments of Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, and Saudi Arabia became members of BRICS.  The government of Argentina was granted an invitation to membership in BRICS, but the invitation was declined in December 2023.   

In September 2024, the government of Turkiye applied for membership in BRICS. 

In October 2024, the governments of Algeria, Belarus, Indonesia, Kazakhstan, Malaysia, Nigeria, Thailand, Turkiye, Uganda, Uzbekistan, and Vietnam were granted “partner” status in BRICS.  

Government connectivity with BRICS is by consensus. 

New Development Bank (NDB)

The president of NDB is H.E. Mrs. Dilma Rousseff, President of Brasil (2011-2016) and chief of staff to President Luiz Inácio Lula da Silva from 2005 to 2010. The NDB was created in 2014.

“The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs).  Our strong mandate and potential put us in a unique position to contribute to global growth and development.”