General Discussion

"BRICS is a geopolitical and economic alliance of 11 countries, including the founding members Brazil, Russia, India, China, and South Africa, along with recent additions such as Saudi Arabia, Egypt, Ethiopia, the UAE, Indonesia, and Iran. Its primary purpose is to create a multipolar world order, challenge Western dominance in global institutions like the IMF and World Bank, strengthen economic and political cooperation, and promote sustainable development and social inclusion. The group seeks to increase the influence of the Global South in international affairs and reduce the dominance of the U.S. dollar in global trade through initiatives like de-dollarization and local currency transactions."