The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Monday, March 6, 2017
The development bank set up by the BRICS group of emerging economies will aim to lend 2.5 billion to 3 billion this year, its president K.V. Kamath told the state-owned China Daily newspaper, nearly double the amount the bank loaned last year