In the beginning, there were four: Brazil, China, India and Russia. Following their first summit in 2009, they expanded to become BRICS with the accession of South Africa in 2011 and then nine in January 2024. At the sixteenth BRICS summit this October in Kazan, Russia, two African countries, Egypt and Ethiopia, and two Middle Eastern countries, the United Arab Emirates and Iran, made up what people now refer to as BRICS+. Thirteen among the more than thirty countries that have formally expressed their interest in membership are now associated with BRICS+: four Southeast Asian countries (Indonesia, Malaysia, Thailand, Vietnam),…
AnalysisEconomy / FinancePoliticsRussia
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