Two decades ago, the G7 held around 42% of global economic output per PPP, while the BRICS+ had 24.1%. Today, that number has nearly reversed, as BRICS+ accounts for around 40%, while G7 holds 28.8%.

At the BRICS summit on August 24, six more countries were admitted to BRICS: Argentina, Egypt, Iran, the United Arab Emirates, Saudi Arabia and Ethiopia. BRICS is an informal interstate organization.

MOSCOW, July 22. /TASS/. BRICS countries are above G7 countries by the GDP volume, Deputy Presidential Administration Chief Maxim Oreshkin said at the Territory of Meanings forum. "If we look at such ...

Summary India has articulated a vision for BRICS structured around four main pillars: Resilience (supply chain, health), Innovation (digital public infrastructure, AI, fintech), Cooperation (reformed ...

Sergey Lavrov said BRICS is growing in global influence as economic power shifts worldwide highlighting its push for stronger trade and regional cooperation ...

BRICS is an economic alliance that includes Brazil, Russia, India, China, South Africa and several other nations. So why has this alliance generated so much animosity from President Trump? BRICS has ...

Russian Foreign Minister Sergey Lavrov has noted that the BRICS grouping is steadily transforming into a broad global ...