Whose idea is the BRICS and what does the BRICS do? What s the point?

The earliest cause was Goldman Sachs. It is generally believed that the concept of "BRIC countries" was first proposed by Goldman Sachs in the United States, and in October 2003 Goldman Sachs published a report entitled "Dreaming of the Global Economy with BRICS"."。The word "BRICS" is Jim of Goldman Sachs.

O'Neill first proposed it in 2001. The BRIC cited the leaders of the four countries, Brazil, Russia, India, China, and later South Africa joined to become BRICS. So, to say that creativity should be Goldman Sachs' Jim.

O'neill.

The BRICS is based on the concept of the BRICS. The original English version of BRIC is "brics", which is an acronym of the English names of Brazil, Russia, India and China, and is called "BRICS" because of its similar pronunciation to bricks. This imaginative term was first coined by Jim O'Neill, global chief economist at Goldman Sachs, on December 20, 2001.

Later, due to the strong economic development of South Africa, the BRIC countries "BRICS" became the BRIC countries "BRICS", plus South Africa

Role: 1. Jointly build an open world.

We will promote structural reforms, innovate growth patterns, build an open economy, oppose all forms of protectionism, and move to the forefront of international opening and cooperation by promoting a large economic and trade market, financial circulation, infrastructure connectivity, and people-to-people exchanges.

2. Jointly outline the development vision.

We will continue to hold high the banner of development, strengthen North-South dialogue and South-South cooperation in line with the implementation of the 2030 Agenda for Sustainable Development and the outcomes of the G20 Hangzhou Summit, and promote strong, sustainable, balanced and inclusive growth of the global economy.

3. Jointly respond to the global challenge of imitation birds.

Strengthen coordination and communication on major international issues and regional hotspots, promote the political settlement of hotspot issues, and work together to address global issues such as natural disasters, climate change, infectious disease epidemics, and terrorism, so as to contribute to the long-term peace and stability of the international community.

4. Jointly uphold fairness and justice.

We will continue to be a participant, promoter and leader in the process of global governance reform, continue to enhance the representation and voice of emerging market countries and developing countries, continue to be a defender of international peace, and promote the building of a new type of international relations featuring win-win cooperation.

5. Deepen partnership together.

It is necessary to take the implementation of the BRICS Economic Partnership Strategy as an opportunity to deepen and expand economic cooperation in various fields, build, maintain and develop the two mechanisms of the BRICS New Development Bank and the Emergency Reserve Arrangement, strengthen people-to-people and cultural exchanges, continue to expand and consolidate the "circle of friends" of the BRICS countries, maintain openness and inclusiveness, and seek common development.

Significance: The principles of openness, transparency, solidarity and mutual assistance, deepening cooperation and seeking common development and the BRICS spirit of "openness, inclusiveness, cooperation and win-win", and we are committed to building a closer, more comprehensive and stronger partnership.

Summary. Dear, I have found the following information for you.

Solution: Russia, China, India, Brazil, and South Africa in the "BRICS" are all developing countries, because mutual assistance and cooperation between developing countries is called South-South cooperation, so mutual assistance and cooperation between "BRICS" countries is called South-South cooperation The composition of the "BRICS" shows that economic globalization and international cooperation need to be continuously strengthened.

Hope mine can help you!

What does the BRICS coalition reflect.

Dear, for you to find the following information Solution: Russia, China, India, Brazil, and South Africa in the "BRICS" are all developing countries, because the mutual assistance and cooperation between developing countries is called South-South cooperation, so the mutual assistance and cooperation between the "BRICS countries" is called South-South cooperation The composition of the "BRICS" shows that the economic globalization and international cooperation need to be continuously strengthened. Hope mine can help you!

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The BRICS countries are Brazil, Russia, India, China, South Africa. The BRICS summit is a meeting of five countries: Brazil, Russia, India, South Africa and China. The traditional "BRICS" quotes the initials of Brazil, Russia, India and China.

Since the word is similar to the English word for brick, it is called "BRIC". After South Africa joined, its English word was changed to "brics" and changed its name to "BRICS".

The BRICS meeting has gradually formed the BRICS cooperation mechanism, and the international influence of the BRIC countries, as representatives of the world's emerging economies, has also increased.

With the accession of South Africa, the "BRICS" is about to become history, and a more broadly representative "BRICS" will appear on the international stage. With the cooperation mechanism of the "BRICS". As it matures, more emerging economies may join in the future, and the BRICS countries, which have greatly increased their "weight", will play a more important role in international political and economic affairs.

It is generally believed that the concept of "BRIC countries" was first proposed by Goldman Sachs in the United States, and in October 2003 Goldman Sachs published a report entitled "Dreaming of the Global Economy with BRICS".".The report estimates that by 2050, the world economic landscape will undergo a drastic reshuffle. The world's six new economies will become China, the United States, India, Japan, Brazil, and Russia.

The term "BRICS" was first coined by Jim O'Neal of Goldman Sachs in 2001. The term "BRICS" (BRIC) cites the initials Brazil, Russia, India and China. Because the word is similar to brick in English, it is called "BRIC".

1] Year 2001.

Goldman Sachs of the United States first proposed the concept of "BRIC countries", which includes the world's four largest emerging market countries. The term "BRICS" (BRIC) is a reference to the initials of Brazil, Russia, India, and China, and is known as the "BRICS" because of its resemblance to the English word "brick".

In 2010.

November. The G20 meeting was held in Seoul, and South Africa applied for membership in the BRICS

December 2010.

As the rotating chair of the BRICS cooperation mechanism, China, Russia, India and Brazil have unanimously agreed to admit South Africa as a full member to join the BRICS cooperation mechanism, and the "BRICS" will soon become "BRICS" and be renamed "BRICS".

Recruiting South Africa into the cooperation mechanism will also enable the BRIC countries to further strengthen their economic and trade relations with southern African countries. Many South African companies have branches in southern African countries and are geographically close; They share the same customs, and they have the advantages of fast information and low transaction costs when investing in these relatively underdeveloped countries. If the investment and ** of the four countries can transit through South Africa, the rate of return will increase significantly.

In addition to the economic field, South Africa's accession to the BRICS cooperation mechanism will help the five countries coordinate their positions on major global and regional issues such as global climate change, UN reform, and poverty reduction, so as to better build a fair and balanced new international political order.