Advertisement
Advertisement
BRICs
/ brɪks /
acronym
Brazil, Russia, India, and China: seen collectively as the most important emerging economies with large potential markets
Example Sentences
The starting line-up reflects the political and economic alliances of which Russia is part, like the Brics group of nations, the Shanghai Cooperation Organisation and the Commonwealth of Independent States.
From buying Russian oil at a discount and participating in BRICS, to being a core member of the Quad with the US, India is continuing to maintain its long-held position of being non-committal.”
Brics is an alliance of 11 developing nations designed to challenge the political and economic power of the West.
Nigeria is not a full member of Brics but became its ninth partner country back in January.
"In recent years, China has also significantly increased its influence in other multilateral organisations like the SCO and the Brics grouping of emerging economies," says Phunchok Stobdan, a former senior Indian diplomat.
Advertisement
Advertisement
Advertisement
Advertisement
Browse