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.
India's Oil and Natural Gas Corp ONGC.NS is evaluating the purchase of stake in Russia's massive Vostok Oil project, a company official said, as the two countries seek to deepen their economic ties in the energy sector
China's calls for greater cooperation with BRICS partners, Brazil, Russia, India and South Africa, will help stabilize the global supply chain and drive technological innovations, government officials and industry experts said at a conference
Members of BRICS countries on Thursday adopted a declaration calling for reforms of the principal organs of the United Nations including instilling new life in the discussions on the reform of the UN Security Council
"Today we are an influential voice for emerging economies of the world. This platform has also been useful for focussing attention on the priories of the developing nations as well," PM Modi said