Let's discuss the results of this expansion on the global economy and the possible position of the G-7 countries. And do you think that this is the beginning of the formation of a new world order, especially since in the speech of Russian President Vladimir Putin, he had stressed the need to deal with a common currency among the countries of the group in addition to local currencies ?
The ongoing expansion of BRICS is a welcome development that represents a step forward towards fostering more balanced and fair financial system, which can potentially lessen the over reliance on US dollar centric financial system. Given the eagerness of many nations to join this influential group. It is optimistic to anticipate that this advancement will open new opportunities for smaller countries to experience rapid economic growth through multilateral trading and generate properity for their populations.