JOHANNESBURG: BRICS leaders announced on Thursday (Aug 24) the admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order. The BRICS countries - Brazil, Russia, India, China and South Africa - agreed at their annual summit to ma
JOHANNESBURG: BRICS leaders announced on Thursday the admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order.
"This membership expansion is historic," said Chinese President Xi Jinping, whose nation is the most powerful in the group of non-Western states that represents a quarter of the world's economy and 40 per cent of its population.
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