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Azerbaijan Formally Applies to Join BRICS, Foreign Ministry Says

(Bloomberg) -- Azerbaijan has formally applied to become a member of BRICS, a group of emerging-market nations led by China and Russia, Ayxan Hacizada, a spokesman for the Foreign Ministry in Baku, said by phone on Tuesday. 

Azerbaijan is the latest applicant to the BRICS —  a club that for years consisted of just five members and expanded with the inclusion of Iran, the United Arab Emirates, Ethiopia and Egypt this January.

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