Tuesday, October 22, 2024
HomeBRICS: A rising power in the global economy

BRICS: A rising power in the global economy

BRICS, comprising Brazil, Russia, India, China, South Africa and new members Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates, is solidifying its role as a significant multilateral mechanism in the global economy.

BRICS, which includes Brazil, Russia, India, China, South Africa, and new members Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, is becoming a key player in the global economy.

These countries make up nearly half the world’s population and cover over a third of its land area. With a combined GDP of $28.3 trillion, BRICS accounts for 27% of the global economy and $10.4 trillion in trade, representing 21.5% of global exports and imports. This growing alliance is crucial for the future of global trade and economics.

Graphics: BRICS expands as a growing force in the global economy

`

Viaurl
SourceCgtn
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments