BRICS is an international cooperation mechanism involving China, India, Russian Federation, Brazil and South Africa. ?

BRIC countries, because it quoted the English initials of Brazil, Russian, Indian, China and South Africa. Because the word is similar to the English word Brick, it is called "bricks". BRICS countries account for 26.46% of the world's total territory and 4 1.93% of the world's total population. It is estimated that in 20021year, the total economic output of the five countries will account for about 25.24% of the world, and the total trade volume will account for about 17.9% of the world.

In 2022, the voting rights of the five countries in the World Bank were 14.06%, and their total share in the International Monetary Fund was 14. 15%. 200 1 Jim o' neill, chief economist of Goldman Sachs, first put forward the concept of BRIC countries, especially global emerging markets. In 2006, the foreign ministers of Brazil, Russian Federation, Indian and China held their first meeting during the UN General Assembly, which opened the prelude to BRICS cooperation.

Introduction to the influence of BRICS countries

The establishment of BRICS leaders' meeting mechanism has provided political guidance and strong impetus for BRICS cooperation and development. Over the years, the BRICS countries have spoken with one voice on major international and regional issues, actively promoted the process of global economic governance reform, and greatly enhanced the representation and voice of emerging market countries and developing countries.

Since the establishment of the BRICS cooperation mechanism, the foundation of cooperation has become increasingly solid and the fields have gradually expanded. It has formed a multi-level structure of pragmatic cooperation in dozens of fields, such as economy, trade, finance, science and technology, agriculture, culture, education, health, think tanks and friendship cities, led by leaders' meetings and supported by ministerial meetings such as the meeting of senior representatives on security affairs and the meeting of foreign ministers.

Reference to the above content: Baidu Encyclopedia-BRICS countries