Kremlin rows back from comments on Saudi BRICS membership

MOSCOW (Reuters) – The Kremlin rowed back on Tuesday from earlier comments describing Saudi Arabia as a member of the BRICS group of countries, and left open the question of whether it would be represented at a BRICS summit in Russia next week.

Saudi Arabia has been invited to join BRICS but has not yet formally done so. Last week, however, Kremlin aide Yuri Ushakov described it as a BRICS member and said its foreign minister would attend the summit in the Russian city of Kazan.

Asked to clarify Saudi Arabia’s status in BRICS, Kremlin spokesman Dmitry Peskov said: “The summit will take place now, we will supply additional information on who will represent Saudi Arabia, whether it will be represented at this summit, and we will draw conclusions from this.”

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Broker Slippage Warning: How to Know If You’re Being Cheated?

    • July 20, 2025
    Broker Slippage Warning: How to Know If You’re Being Cheated?

    How to Review Forex Trades Without Bias as a Beginner?

    • July 20, 2025
    How to Review Forex Trades Without Bias as a Beginner?

    Week at a Glance: Exness Halts Onboarding in India, Event Contracts’ Boom Draws Scrutiny

    • July 19, 2025
    Week at a Glance: Exness Halts Onboarding in India, Event Contracts’ Boom Draws Scrutiny

    Over-Analyzing the Market: Signs You’re Stuck and How to Fix It?

    • July 18, 2025
    Over-Analyzing the Market: Signs You’re Stuck and How to Fix It?