BRICS

BRICS

1. in the international sphere BRICS focuses on the generation of opportunities in the economic-financial and political spheres

2. BRICS stands for Brazil, Russia, India, China, and South Africa.

   • all of them are rich in natural resources and their gross domestic product (GDP) has grown a lot in recent years
   • They are open to world trade and its internationalization
   • China, India and South Africa are the ones that have had the greatest growth in recent years and cover a large part of the production of goods today.

3. in the international sphere BRICS focuses on the generation of opportunities and solutions in the economic-financial and political spheres

   • The BRICS are poised to lead the eradication of global poverty by 2030
   • emerging economies considered to have great potential that may be among the dominant economies by mid-century
   • In terms of economy, in 2018 they accounted for around 23% of the planet's GDP

4. The economic bloc aims to strengthen the systems of multilateral agreements between these countries and with third parties.

   • In terms of GDP per capita, Russia is in second place, followed by China who leads the ranking
   • rapid growth potential
   • volatility of their markets
   • wide risk-benefit ratios that in ideal scenarios increase the chances of a return on investment

5. the joint territorial extension of the BRICS is equivalent to a third of the world territory

   • Countries that are characterized by being among the largest with Russia at the head, and for being the most populated on the planet.
   • their currencies are usually not completely stable, which is reflected in their economic growth in the medium term