BRICS and the European Union: Unraveling the Complex Dance of Foes, Friends, or Something in Between
New Delhi, April 29 -- What are the BRICS?
The BRICS, an acronym originally used to designate a bloc of five major emerging countries (Brazil, Russia, India, China and South Africa), have been around for fifteen years, however, they've never garnered as much attention as they have since 2023 !
French President Emmanuel Macron pursued an invitation to the Johannesburg Summit. It's worth noting that back in 2015, the Greek government under Alexis Tsipras, an EU Member State, expressed interest in joining the BRICS bank.
The 15th Summit also launched the study of alternative systems to the Dollar and SWIFT for international payments. The BRICS already have a Development Bank (New Development Bank), an alternative to the World Bank, chaire...
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