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[b]BRICS[/b] is the acronym for an association of five major emerging
national economies: Brazil, Russia, India, China, and South Africa.The
grouping was originally known as "BRIC" before the inclusion of South
Africa in 2010.The purpose of forming BRIC is to bring together the
developing countries,to sort out their differences, withdraw double
taxation, to look after their interest in international arena. Even
starting their own currency in future is within their agenda. If these
four emerging powers act together,they will provide a fitting reply to
already existing formations like NATO,UNO and new force to reckon
[code][/code]with.
Neha
04.07.14, 09:57
what is BRICS? and how does it work? is the formation of BRICS
beneficial for the nations??
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[b]BRICS[/b] is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa.The grouping was originally known as "BRIC" before the inclusion of South Africa in 2010.The purpose of forming BRIC is to bring together the developing countries,to sort out their differences, withdraw double taxation, to look after their interest in international arena. Even starting their own currency in future is within their agenda. If these four emerging powers act together,they will provide a fitting reply to already existing formations like NATO,UNO and new force to reckon [code][/code]with.
what is BRICS? and how does it work? is the formation of BRICS beneficial for the nations??
Leave a comment