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BRICS COUNTRY AND THEIR FLAGS ЁЯЗоЁЯЗ│| DO YO KNOW?? AWARENESS | KNOWLEDGE
BRICS is a major intergovernmental organization representing influential emerging economies that aims to foster global economic, political, and financial cooperation, often challenging Western-led institutions. Following expansions in 2024 and 2025, the bloc currently consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE, and Indonesia. As of 2026, these nations represent over 40% of the world's population and roughly 37.3%-40% of global GDP
Key Aspects of BRICS in 2026:
Expansion & Membership: Following the 2023 summit, Egypt, Ethiopia, Iran, and the UAE joined in 2024, with Indonesia joining as a full member in 2025.
India's Presidency: India assumed the BRICS Presidency on January 1, 2026, focusing on four pillars: Resilience, Innovation, Cooperation, and Sustainability.
Economic Impact: The bloc represents a significant portion of global trade (approx. 26%) and holds substantial economic weight.
Financial Cooperation: Through the New Development Bank, BRICS promotes the use of local currencies to decrease reliance on the US dollar.
Significance: It serves as a platform for the Global South, focusing on reforming multilateralism, addressing climate change, and enhancing geopolitical, digital, and economic integration.
Ministry of External Affairs, Government of India
Ministry of External Affairs, Government of India
+3
The group originally began as "BRIC" in 2006, adding South Africa in 2010 to become BRICS, and has now evolved into a broader "BRICS+" framework.

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