BRICS: 3 Important Facts About the Upcoming Summit in August
BRICS is an acronym for Brazil, Russia, India, China, and South Africa. The next BRICS summit will be held in a few weeks. The alliance of five nations is made up of emerging economies, and their combined GDP is bigger than the U.S. GDP. While the U.S. GDP stands at $25.5 trillion, the BRICS bloc’s GDP is currently at $27.99 trillion. Therefore, the BRICS are ahead of the U.S. by $2.49 trillion in GDP. Also Read: BRICS : 85% of The World’s Population Ready Ditch U.S. Dollar Brazil – $2.08 trillion Russia – $2.06 trillion India -3.75 trillion China – $19.7 trillion South Africa – $405.8 billion Total $27.99 In this article, we will highlight the key important facts about the upcoming BRICS summit in 2023. 1. BRICS: When & Where Will The Summit Be Held? Source – TV BRICS The BRICS summit will be held in Johannesburg, South Africa on August 22 to 24. This will be the 15th summit and the bloc of five nations will discuss internation...