Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
Nigeria has joined BRICS as a partner country, aiming to leverage economic opportunities and foster trade, investment, and global collaboration.
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.
BRICS members are expecting Indonesia to play a significant role in the grouping and China supports this new member from Southeast Asia, according to a forum in Jakarta.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”
Indonesia on Monday officially joined the BRICS bloc of developing nations, marking a significant expansion of the group's global influence.
According to the Ministry of Foreign Affairs, the formal acceptance to participate as a partner country highlights Nigeria's commitment to fostering international 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.
A shared economic adversary could drive the two Asian giants to strengthen their Brics ties, but the way forward is far from clear.
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair.