BRICS continues to attract interest from numerous nations despite facing challenges and losing some of its initial shine.
Originally conceived as BRIC by Jim O'Neill, the grouping consisted of Brazil, Russia, India, and China.
Initiatives such as the New Development Bank, the Contingent Reserve Arrangement, and trade and investment cooperation programs are launched by BRICS.
The 2023 BRICS summit will be hosted by South Africa.
The Group of 77 (G-77) |
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