BRICS


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Related to BRICS: civets

BRICS

(brĭks)
n.
1. The set of countries comprising Brazil, Russia, India, China, and South Africa, especially viewed as an emerging market.
2. Any one of these countries, viewed as an emerging market.

BRICs

(brɪks)
n acronym for
(Economics) Brazil, Russia, India, and China: seen collectively as the most important emerging economies with large potential markets
References in periodicals archive ?
Ambassador Yang said that Brazil is the chairman of the BRICS countries this year.
These discussions and announcements were made during the 5th BRICS Minister of Environment Meeting which was preceded by a two-day meeting of BRICS Joint Working Group on Environment.
The association of Brazil, Russia, India, China and South Africa (BRICS) has been fairly understated but it is nevertheless emerging as a powerful new force in global investment and finance.
The BRICS Africa outreach dialogue forum was attended by BRICS Bloc leaders including President of Russia Mr Vladimir Putin, China president, Mr Xi Jinping, Mr Cyril Ramaphosa of South Africa, India prime minister, Mr Narendra Modi and Brazil president Mr Michel Temer and several African heads of government and regional bodies.
Against this backdrop, the BRICS took it upon themselves to pursue "outside options," by establishing the New Development Bank and the Contingent Reserve Arrangement in 2014.
After all, while the Brics still emphasise the importance of multilateralism, it is clear that they are not wedded to the current international order.
In this context, the objective of the present article is to evaluate the threats and risks facing Brazil as a BRICS member and to consider the limitations that, in view of such risks, should be considered for the formulation of the group's agenda.
Pese a las turbulencias economicas de 2007, con la crisis inmobiliaria, el brexit y el triunfo de Donald Trump en Estados Unidos en 2016, el BRICS se mantiene en una ruta favorable que ha comenzado a llamar la atencion de otras naciones que buscan en un sistema autonomo la posibilidad de sortear la dureza del estilo de gobierno trumpista.
"We must redouble our efforts to usher in the second golden decade of BRICS cooperation," Xi told leaders of Brazil, Russia, India and South Africa at the summit in the southeastern city of Xiamen, Fujian Province.
Xi raised his vision to 'comprehensively deepen' BRICS partnership, including seeking practical results in economic cooperation, strengthening complementarity of development strategies and making the international order more just and equitable.
Despite the achievements the bloc has made, the potential for cooperation has yet to be fully unleashed, Xi said while addressing the opening of the ninth BRICS summit in the southeastern city of Xiamen.
Compared to the G-7, which is regarded as the elite hegemony of the West, the BRICS have insisted on three key elements i.e.