BRICS
organizations
Definition
BRICS is an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. Formed in the early 21st century, BRICS represents some of the world's leading economies in terms of growth potential. The grouping aims to promote peace, security, and development through increased engagement and cooperation on economic and political issues. BRICS countries meet annually for summits to discuss various global and regional challenges, economic reforms, and strategies to enhance trade relations and investment opportunities, seeking to remain influential on the global economic stage.