The BRICS alliance, originally composed of Brazil, Russia, India, and China, is set to welcome five new members in 2024, marking a significant expansion of the intergovernmental organization. The addition of Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE) in January 2024 transforms BRICS into a more diverse and influential bloc.
The 16th BRICS Summit is scheduled to take place in Kazan, Russia, from October 22 to 24, 2024. This landmark event will showcase the enhanced cooperation framework that now spans economy, trade, finance, and science and technology, among other sectors. The expanded membership aims to foster global economic growth, improve governance, and promote the democratization of international relations.
Since its inception, BRICS has continually evolved, originally known as BRIC before South Africa joined in December 2010. The organization has since established itself as a comprehensive platform for practical collaboration in areas such as agriculture, culture, education, healthcare, and think tanks. These efforts have positioned BRICS as a constructive force on the global stage.
Highlighting the key events and milestones in the BRICS journey, CGTN has emphasized the organization's growth and its increasing impact on the world economy and international policies. As BRICS continues to expand, it is poised to play an even more crucial role in shaping the future of global cooperation and development.
Reference(s):
cgtn.com
