Five of the six countries invited to join the BRICS bloc of developing nations from 1 January have confirmed they are joining, South Africa announced today. Saudi Arabia, the United...
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates. Originally identified to highlight investment opportunities,[1] the grouping evolved into a cohesive geopolitical bloc, with their governments meeting annually at formal summits and coordinating multilateral policies since 2009.