| | '''BRICS''' is an acronym that refers to the developing economies of [[Brazil]], [[Russia]], [[India]], [[China]], and [[South Africa]]. In 2022 the BRICS group surpassed the [[G7]] of [[Western alliance|Western aligned]] nations in their share of contributions to world [[GDP]]. In August 2023, [[Argentina]], [[Egypt]], [[Ethiopia]], [[Saudi Arabia]], [[Iran]], and the [[United Arab Emirates]] (UAE) formally were admitted to BRICS+. The '''BRICS+''' or '''BRICS 11''' group represents 36% of world GDP, 47% of the world's population, and control's 80% of the [[oil]] production on [[Earth]]. "Its founding members have called for a fairer world order and the reform of international institutions like the [[United Nations]], the International Monetary Fund and the World Bank."<ref name="AP">https://www.aol.com/turkey-seeks-join-brics-bloc-133937133.html</ref> | | '''BRICS''' is an acronym that refers to the developing economies of [[Brazil]], [[Russia]], [[India]], [[China]], and [[South Africa]]. In 2022 the BRICS group surpassed the [[G7]] of [[Western alliance|Western aligned]] nations in their share of contributions to world [[GDP]]. In August 2023, [[Argentina]], [[Egypt]], [[Ethiopia]], [[Saudi Arabia]], [[Iran]], and the [[United Arab Emirates]] (UAE) formally were admitted to BRICS+. The '''BRICS+''' or '''BRICS 11''' group represents 36% of world GDP, 47% of the world's population, and control's 80% of the [[oil]] production on [[Earth]]. "Its founding members have called for a fairer world order and the reform of international institutions like the [[United Nations]], the International Monetary Fund and the World Bank."<ref name="AP">https://www.aol.com/turkey-seeks-join-brics-bloc-133937133.html</ref> |