The 16th BRICS Summit in Kazan, Russia (Oct 22-24, 2024) isn’t just another meeting—it’s a milestone for the world’s fastest-growing economic alliance. What started as “BRIC” in 2001 (Brazil, Russia, India, China) has evolved into a 10-member powerhouse, now including Egypt, Ethiopia, Iran, Saudi Arabia, UAE, and South Africa. 🚀
From BRIC to BRICS+: A Timeline
📅 2010: South Africa joins, rebranding the group as BRICS.
📅 2024: Five new members sign up, doubling its economic muscle.
📅 Today: BRICS covers *40%* of the global population and *25%* of world GDP! 💼
Beyond Economics
The alliance now drives innovation in tech, healthcare, and sustainability while advocating for fairer global governance. Think of it as the “Avengers” of emerging economies—tackling everything from trade barriers to climate goals. 🌱
Why care? BRICS challenges traditional power structures, offering young professionals and entrepreneurs fresh opportunities in markets from Riyadh to Rio. 📈
Stay tuned as Kazan sets the stage for a new world order! 👀
Reference(s):
cgtn.com