BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
During Russia’s 2024 chairmanship of BRICS, four member states of the Association of South East Asian Nations were offered partnership status in lieu of direct entry. Whereas Vietnam remains in “wait-and-see” mode,
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
Nigeria has been accepted as a partner country in the BRICS bloc, which consists of developing economies. This addition brings one of Africa's largest
Russia is supporting Vietnam's potential entry into the BRICS group, despite Vietnam's hesitations over possible U.S. repercussions. Vietnam seeks to advance economic growth with U.S. backing, while Russia aims to strengthen Asian alliances amidst global isolation.
BRICS is an interstate informal association of the most dynamically developing large countries, and its abbreviation is formed from the
Nigeria has joined BRICS as a partner country, aiming to leverage economic opportunities and foster trade, investment, and global collaboration.
ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
Indonesia, a new member of BRICS, is considering importing cheap Russian oil but faces challenges in complying with US sanctions.
Russia aims to assist Vietnam in joining the BRICS bloc as a partner country, enhancing its participation in global economic discussions.