Post
Topic
Board Economics
Re: The meaning of BRICS and it purpos
by
Fortify
on 15/06/2023, 17:14:51 UTC
BRICS is an acronym for the powerful grouping of the world's leading emerging market economies, namely Brazil, Russia, India, China and South Africa,and it aims is to promote peace, security, development and cooperation.
And lot of countries around the world are applying to join to benefit from these newly formed association.which are
Algeria (applied in 2022)
Argentina (applied in 2022)
Bahrain.
Egypt.
Indonesia.
Iran (applied in 2022)
Saudi Arabia.
United Arab Emirates.
And lot more still applying to join.
So what are your thought on the collaboration of countries that come together and form BRICS.

Brics was just an economic label given by a wall street analyst a few decades ago to highlight what was then the most promising countries. Some people have morphed it into the meaning that these countries are somehow aligned together and they are far from it. India and China have very much opposing geopolitical views, along with actual border conflicts. Some of them work together by then they work with the other 200+ countries around the world as well. It has become a meaningless acronym because other countries have totally changed the dynamic.