India is one of the founding members of BRICS, which is an acronym for the association of five major emerging economies: Brazil, Russia, India, China, and South Africa. The BRICS countries represent nearly 42% of the global population and account for a substantial share of global economic growth and development. India's participation in BRICS provides the country with opportunities for economic cooperation, political coordination, and collaboration on global issues. Here are some key aspects of India's engagement with BRICS: 1. Economic Cooperation: BRICS promotes economic cooperation among its member countries. India actively engages in initiatives aimed at expanding trade, investment, and economic linkages within the group. It seeks to enhance intra-BRICS trade, explore new areas of economic cooperation, and facilitate business-to-business interactions. The BRICS Business Council and the New Development Bank (NDB) are important platforms for promoting economic cooperation and...
Welcome to Hayat Ashraf IAS Mentorship Program