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Also known as BRICS+, Brazil, Russia, India, China, South Africa, Brazil, Russia, India, China and South Africa, Brazil, Russia, India, China, and South Africa

BRICS is an intergovernmental organization comprising ten countries: Brazil, China, South Africa, Egypt, Ethiopia, India, Indonesia, Iran, Russia, and the United Arab Emirates. Its conceptual origins were articulated by Russian foreign minister Yevgeny Primakov in 1998, and can be traced to informal forums and dialogue groups such as RIC (Russia, India, and China) and IBSA (India, Brazil, and South Africa). BRIC was originally a term coined by British economist Jim O'Neill, and later championed by his employer Goldman Sachs in 2001, to designate a group of emerging markets.

AI overview

BRICS is a group of ten countries—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates—that work together on shared interests through an intergovernmental organization. The group emerged from the idea of identifying major emerging market economies and has grown through various informal dialogue forums since the late 1990s.

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