BRICS, an acronym for Brazil, Russia, India, China, and South Africa, represents a group of emerging economies that have come together to form an influential bloc on the global stage.
Established in 2009, BRICS has evolved into a platform for collaboration, dialogue, and cooperation, with the aim of fostering economic growth, political influence, and sustainable development.
Promoting Multilateralism and Global Governance:
- Voice on the Global Stage: BRICS nations seek to strengthen their representation and influence in international organizations such as the United Nations, World Trade Organization, and International Monetary Fund.
- South-South Cooperation: BRICS embodies the spirit of South-South cooperation, fostering partnerships among developing nations.
- Addressing Global Challenges: BRICS plays an active role in addressing global challenges, including climate change, sustainable development, and cybersecurity.