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In Algeria, the head of state Abdelmadjid Tebboune raised on Sunday evening the possibility of his country joining the BRICS, the group of states which brings together Brazil, Russia, India, China and South Africa. An interest shown in a context of a new world political order.
« The Brics interest us, because they allow us to move away from the attraction of the two poless”, Algerian President Abdelmadjid Tebboune argued on Sunday evening on television. In this same interview, he assures us that he would soon have ” some good news “, even if it is not necessary ” get ahead of events “. Already, at the end of June, the Algerian Head of State had taken part in a videoconference during the last summit of the Brics.
An entry into this club would allow Algeria to have direct relations with these great emerging powers that are the Brics and to enhance its diplomatic status “, according to the economist specializing in Algeria Alexandre Kateb. There could also be economic opportunities with, in particular, the Banque des Brics, a sort of central bank.
Algeria could benefit from financing granted by this bank “, continues Alexandre Kateb. Other economic operations could take place, such as ” trade and the creation of an alternative system to the role of the US dollar “says the analyst.
The Brics half open the door
The Brics, for their part, display the principle of their opening under the impetus of Russia and China, according to Thierry Apoteker, economist specializing in the Brics and Algeria. All this in the context of a new world political order. The country ” has all the necessary attributes to be part of the Brics: it is an influential country on the international scene, an important country from the point of view of resources and the global oil and gas balance. It has a regional influence, especially in the Sahelian region, which is of great interest to Russia and China », Analyzes the specialist.
But at the same time, it is an opening in principle. ” The process of Algeria’s entry into the Brics will certainly be very gradual. “And will perhaps last” years given the global geopolitical instability “, believes Thierry Apoteker.