Tag: BRICS

By Asad Mirza The 15th BRICS summit comprising Brazil, Russia, India, China and South Africa, was held at Johannesburg, S. Africa. This year’s annual summit was majorly focussed on two issues; first, admitting new members to the 5-nation organisation and boosting trade using the local currency of the member nations. Reportedly, encouraged by BRICS success on the economic and geopolitical fronts, a growing number of countries in the Global South consider it as an attractive agent of multilateralism. More than forty nations - including Algeria, Egypt, Thailand, and the United Arab...