The BRICS club has become a resource supergiant and is turning into a dominant force on the planet

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Currently, BRICS is a club that includes 10 countries (Brazil, Russia, India, China, South Africa, Saudi Arabia, UAE, Iran, Ethiopia and Egypt), where 45% of the world's population lives. About two dozen more countries have expressed a desire to become participants in this international organization.

After its expansion on January 1, 2024, BRICS became a resource supergiant on the planet. Experts note that the club controls enormous natural resources. For example, oil – 45% of world reserves, natural gas – 56%. BRICS also controls 2/3 of the production of enriched uranium.



In terms of GDP in PPP terms, the club already has a share of 32% of the world's economics. G7 countries control 30%. Moreover, the gap will only increase in favor of BRICS.

The G7, the EU and the US want to subordinate the extraction of natural resources to their technological interests; they seek to force exporting countries to limit themselves to the role of suppliers of raw materials who cannot set their own conditions, remaining at the bottom of the production chains. Naturally, the BRICS members categorically disagree with this and are going to defend their rights.

The next BRICS summit is scheduled to take place in Kazan (Russia) in October 2024. At this event, a decision may be made on a new expansion of the club.
  • pmindia.gov.in
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30 comments
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  1. +1
    April 2 2024 20: 07
    Who would finally explain what BRICS is and what the rules are there?
    1. +3
      April 2 2024 20: 20
      There are no rules, contradictions up to border conflicts.
      1. 0
        April 2 2024 20: 22
        What is a union without rules?
      2. -2
        April 2 2024 21: 45
        Of course, I understand that you, sissy, need to earn your living, but for all sane people, information:

        The BRICS countries reduced the share of the US dollar in mutual settlements to 28,8%. The remaining part of the payments is carried out in the national currencies of the members of the association, states the Chamber of Commerce and Industry of the Russian Federation

        The volume of trade between Russia and the BRICS countries increased 2,4 times at the end of last year compared to 2019-2020, reaching $294 billion. This is a record figure, amounting to 41,4% of Russia’s foreign trade volumes

        according to American financial analyst Robert Kiyosaki, BRICS will lead the US dollar to an end similar to the collapse of the Roman Empire
        1. +1
          April 3 2024 05: 16
          At school, in college, and when I started working, we were told that the decaying West was about to fall apart. But where is the great and mighty USSR and where is the West?
          1. -2
            April 3 2024 16: 58
            Times are changing, you know? The West lived by plundering the so-called developing countries. It’s no longer possible to rob like before
    2. -1
      April 2 2024 20: 33
      BRICS is an international organization that was created to coordinate the actions of Brazil, Russia, India, China and South Africa with the goal of collectively increasing the rate of economic growth of these countries.
      BRICS does not have official legal documents governing its activities, a charter or a secretariat. It is headed by the country hosting the summit and coordinating all ongoing activities. The Chairmanship is transferred annually according to the position of each country's name in the acronym.
      Main areas of cooperation within BRICS:
      1. Economic cooperation.
      2. Exchange between people.
      3. Political and security cooperation.
      4. The task of BRICS is to resolve issues of overcoming the global financial and economic crisis, increasing the living standards of the population and the transition to high-tech production.
      5. The young association of five countries functions successfully primarily due to the fact that all its members complement each other favorably. BRICS includes some of the largest countries in the world - Russia, Brazil, China.
      6. BRICS serves as a platform for partnership between states whose interests in the fields of politics, economics and security coincide. Relations between countries are built on the principles of non-interference, equality, multipolarity of financial relations and mutual benefit.
      7. Every year, BRICS representatives hold more than a hundred meetings. The most important event for the group is the annual summit where state leaders meet.
      1. +3
        April 2 2024 20: 47
        Why was there so much to write? - since there are no rules, this is not an organization - but so
  2. +2
    April 2 2024 20: 30
    Free flight of thought!...and far-reaching conclusions!
    I remember in the last century there was a Non-Aligned Movement of 75 countries which were immediately dubbed anti-Western and embarked on the path of development of Socialism. These countries grabbed loans wherever they could, but mostly from Moscow and interest-free. Of course, most of the loans were not repaid, and there was so much verbal chatter!
    We will bury you, shouted Khrushchev, waved his shoes, everyone remembered the leaders of the countries of Africa, Asia, Latin America who took the path of socialism! Mengistu Haile Mariam, Robert Mugabe, Louis Carvalan, Fidel, and others...including Bokassa, the honorary pioneer was received in Artek (cannibal).
    All this quickly came to nothing, and the debts began to mount...
    1. +2
      April 2 2024 20: 40
      Quote: Kenttt
      anti-Western and embarked on the path of development of Socialism

      What nonsense? Finland and Sweden were among the most active participants in this movement. Did they also take the socialist path of development?
    2. +4
      April 3 2024 05: 20
      GDP will also send invitation cards here. And forgive debts to those who came.
      It would be better to treat children. I stopped disgracing myself with fundraising via SMS
  3. +1
    April 2 2024 20: 33
    Quote: Cyril
    Who would finally explain what BRICS is and what the rules are there?

    Whoever got up first got his slippers! Friend - to deceive a friend and sell yours at a higher price. Club of exporters...raw materials
  4. +1
    April 2 2024 20: 40
    Quote: k7k8
    Quote: Kenttt
    anti-Western and embarked on the path of development of Socialism

    What nonsense? Finland and Sweden were among the most active participants in this movement. Did they also take the socialist path of development?

    So what???
    1. 0
      April 2 2024 22: 57
      And Mr. lied. Ilham Aliyev was its chairman, from this year someone from Africa. These are all countries except NATO, AUKUS, and other sub-pin-dos-nicknames. Ukraine is an observer there. Just like Russia.
  5. +2
    April 2 2024 21: 03
    Yeah, allies. India, China and Russia. Bhai-bhai. Brothers forever.
    1. 0
      April 2 2024 22: 35
      Do some of them need it to be like on a collective farm, or like in the EU, with its bureaucracy? The right people will meet, decide, and that’s it. Nothing to anyone.
  6. +1
    April 3 2024 06: 07
    This will all end with these backward economic zones fighting among themselves. Ours have been beating each other up for at least 10 years.
  7. -2
    April 3 2024 08: 32
    It’s time for the BRICS member countries to start forming their own specialized and political organizations.
    Its own UN, its own Olympic Committee, its own parliamentary council, its own military peacekeeping contingent, and so on. And do this with a gradual withdrawal from international organizations created by the West.
    The strength and authority of BRICS will grow. Accordingly, the importance of the West in international affairs will decline.
    Development of the countries of the global South instead of Western sanctions.
  8. +2
    April 3 2024 09: 06
    The headline is especially funny to read when the next news

    India did not extend its contract with the Russian Federation for the supply of oil for its refineries.

    Well, there’s no point in reading the article itself
  9. -2
    April 3 2024 10: 39
    Quote: Alex Rosenberg
    At school, in college, and when I started working, we were told that the decaying West was about to fall apart. But where is the great and mighty USSR and where is the West?

    Quite a reasonable question. Where is the great and mighty USSR? In Russia. Quite great and powerful. Otherwise, thousands of sanctions would turn it into a beggar like Ukraine.
    Where is the west? Comparing today's West with what it was like during the late USSR is ridiculous. And here the most important thing is not even what it is, but in what direction the changes are going.
    Moreover, changes are accelerating. Both BRICS and the West. One can, of course, hope that the virtual economy will outperform the real one. But not for long.
  10. -3
    April 3 2024 10: 51
    Quote: Alex Rosenberg
    GDP will also send invitation cards here. And forgive debts to those who came.
    It would be better to treat children. I stopped disgracing myself with fundraising via SMS

    Yes, we have known for a long time. And distribute the money to pensioners. And take the example of healthcare from the West. When you can wait months to see a doctor. And I believe that all children there are treated for free and no one collects funds for treatment. It's hard to live without fairy tales. Especially when you are convinced that the most important things in life are lace panties and free cookies.
    1. +2
      April 3 2024 11: 55
      Why are you using the West as an example? Or maybe Russia - at least in defiance of the West - can treat its seriously ill children at the expense of a huge surplus budget, and not collect a string from the world via SMS? The kids don’t seem to be earning any money themselves yet.
  11. -1
    April 3 2024 13: 38
    Quote: Strange guest
    Why are you using the West as an example? Or maybe Russia - at least in defiance of the West - can treat its seriously ill children at the expense of a huge surplus budget, and not collect a string from the world via SMS? The kids don’t seem to be earning any money themselves yet.

    I have always liked figures who are generous and humane at the expense of others. They always know better than anyone else what to spend other people's money on. The main thing is that their money is not touched. One can then feel like a humanist, convinced that without his lamentations, Russian children will die without medical care.
    In fact, our state can easily realize your wishes. It is enough to raise taxes by a couple of percent. And the example of the West is that its citizens were, and even now are, much richer than us in nominal terms. At the same time, they don’t make stupid statements. And just like us, they help with SMS.
    1. +1
      April 3 2024 14: 35
      You should not look at the face value, but at the PPP. Listen to the President, not the enemy's voices. This is first of all.
      These are not my stupid wishes. And the real tragedies of families of ordinary citizens of Russia. Who deserve to have their government take care of them. This is secondly.
      And I understand that our state does not owe anyone anything. Well, this is what they built. Sami. Not reptilians. But I have the right to my opinion. Just like you. This is third.
      And the state is about to raise taxes on people like me. I really hope that after this I will no longer have to raise money for sick children via text messages. But I highly doubt it. This is the fourth.
      And the citizens of the rotten West are not an example or a decree for us. They are all liberals and LBGT people with three mothers. This is the fifth.
  12. 0
    April 3 2024 17: 05
    Currently, BRICS is this is a club, which includes 10 countries (Brazil, Russia, India, China, South Africa, Saudi Arabia, UAE, Iran, Ethiopia and Egypt), where 45% of the world's population lives. About two dozen more countries have expressed a desire to become participants in this international organization.

    That's all for now, we can go our separate ways (until the next article)... winked
  13. 0
    April 3 2024 17: 11
    Quote: GUKTU76
    I have always liked figures who are generous and humane at the expense of others. They always know better than anyone else what to spend other people's money on. The main thing is that their money is not touched. One can then feel like a humanist, convinced that without his lamentations, Russian children will die without medical care.
    In fact, our state can easily realize your wishes. It is enough to raise taxes by a couple of percent. And the example of the West is that its citizens were, and even now are, much richer than us in nominal terms. At the same time, they don’t make stupid statements. And just like us, they help with SMS.

    How surprising is it (quite by chance) not a classic example of demagoguery and verbiage?!
  14. -1
    April 3 2024 20: 01
    Quote: Strange guest
    You should not look at the face value, but at the PPP. Listen to the President, not the enemy's voices. This is first of all.
    These are not my stupid wishes. And the real tragedies of families of ordinary citizens of Russia. Who deserve to have their government take care of them. This is secondly.
    And I understand that our state does not owe anyone anything. Well, this is what they built. Sami. Not reptilians. But I have the right to my opinion. Just like you. This is third.
    And the state is about to raise taxes on people like me. I really hope that after this I will no longer have to raise money for sick children via text messages. But I highly doubt it. This is the fourth.
    And the citizens of the rotten West are not an example or a decree for us. They are all liberals and LBGT people with three mothers. This is the fifth.

    Everyone can have their own opinion and their own wishes. I have always considered it my duty to provide a decent life for my family, to educate my children and help them get on their feet. Because it's up to me. And the relationship with the state is simple: do your job conscientiously, pay taxes and be a citizen. If you want to help sick children, transfer your earned money. If you don't want it, don't list it. But don't tell others what to do. Don't like the policies of the powers that be? Get elected to power and formulate policies that reflect your preferences. If the people support you, you will have a chance to do what you think is necessary. If he doesn’t support it, it means this is your personal opinion, which will remain with you.
    1. 0
      April 4 2024 17: 35
      Well, if people don’t support the allocation of funds for the treatment of sick children, you can’t argue against that Yes the voice of the people - the voice of God Yes
  15. 0
    April 4 2024 15: 38
    This is bullshit! Let me give you an example from life: a neighbor raised chickens in indecent quantities, and then went on a drinking binge. The chickens ran out, he sobered up and left somewhere. Everyone was expecting chicken at a low price, but... I had to pay for delivery and a markup for the desires for a good life.
  16. -1
    April 4 2024 18: 41
    Quote: Strange guest
    Well, if people don’t support the allocation of funds for the treatment of sick children, you can’t argue against that Yes the voice of the people - the voice of God Yes

    The people do not support populists who convince them that everything can be easily and simply solved. Therefore, he votes for those who solve real problems.
    There is one more consideration. The authorities should first of all take care of healthy children. And do everything so that they don’t get sick. For this is the future of the state. They need to be taught, treated when they get sick, and raised into citizens. With those who require special treatment there is a special relationship. But, I repeat. Don't try to be good and kind at someone else's expense. Help financially those who need it. It's much more worthy.