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These countries are observer states that are not yet officially part of the BRICS bloc, yet would get support from BRICS members. These observer states must prove themselves as partners before possibly integrating as a member, similar to the accession process of the Shanghai Cooperation Organization .
BRICS is an intergovernmental organization consisting of ten countries—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. It is considered to be a counterpart and alternative to the G7 bloc of the world's largest economies and combined represent nearly half [2] of the world's population.
Paris Club, a group of major creditor countries whose officials meet ten times a year in the city of Paris, with the intent to find coordinated and sustainable solutions to the payment difficulties experienced by debtor countries. PIGS, also PIIGS, the economies of the countries of Portugal, Greece, Spain, Italy and/or Ireland.
In their paper "BRICs and Beyond", Goldman Sachs stated that "Mexico, the four BRIC countries and South Korea should not be really thought of as emerging markets in the classical sense", adding that they are a "critical part of the modern globalised economy" and "just as central to its functioning as the current G7". [57]
The BRICS comprises Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, and the United Arab Emirates. ... the spokesperson for the country's ruling party said on Tuesday. The BRICS ...
Vietnam is ready to work with BRICS, Prime Minister Pham Minh Chinh said as he attended the group's summit for the first time this week and held meetings with Chinese and Russian leaders. Chinh ...
The leaders of the world’s top emerging economies arrived at the western Russian city of Kazan where president Vladimir Putin is hosting the 16th Brics summit, the first gathering of the bloc ...
Country Regional organisations Afghanistan ACD, SAARC, ECO Albania OSCE, NATO, Council of Europe, BSEC, SEECP, CEFTA Algeria African Union, Arab League, OPEC Andorra ...