Brics currently has 11 members (Brazil, Russia, India, China, South Africa, Egypt, Iran, UAE, Saudi Arabia, Ethiopia and Indonesia), whose share of the global economy amounts to about 40 per cent.
Indonesia's landmark entry into BRICS marks a strategic pivot in its diplomatic journey, offering access to the New Development Bank, alternative economic systems and partnerships in energy transition ...
At the IT-BT Round Table 2025, Union Commerce Minister Piyush Goyal made it clear that India firmly rejects any proposal for a BRICS currency. “We are on record—we don’t support any BRICS ...
Brazil took over the BRICS presidency from Russia on Jan. 1 after it was decided at the Summit in Kazan, Russia, back in October, that the new category of “associate members” would be created ...
On January 1, Brazil assumed the rotating presidency of the BRICS, a bloc initially formed by Brazil, Russia, India, China, and South Africa, which unites some of the world’s fastest-growing ...
President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...
US President Donald Trump on January 20 reiterated to impose 100 per cent import tariffs on the BRICS countries if they took any steps towards cutting the use of the dollar in global trade.
NATO and BRICS are two major international groups. NATO (North Atlantic Treaty Organisation) is a military alliance of 32 countries, mostly from North America and Europe. It was formed in 1949 to ...
Nigeria has been admitted as a "partner country" of the BRICS bloc of developing economies, according to Brazil, the group's chair. BRICS was formed by Brazil, Russia, India and China in 2009 ...
The Federal Government has announced its acceptance of joining BRICS as a partner country, marking a step in its efforts to strengthen international collaboration and economic development.
Amid a series of executive orders, President Trump warned of 100% tariffs on Brics nations if trade remains unbalanced, incorrectly mentioned Spain as a member. He also signed notable actions like ...