►►At heart, BRICS champions a more equitable world, where inclusive development replaces exclusion, and collective voices outweigh singular dominance in shaping humanity’s trajectory.
RIO DE JANEIRO- With its inclusive and cooperative framework tailored to the needs of emerging economies, as a Xinhua-affiliated think tank has argued, BRICS stands apart to add collective momentum to the progress of the Global South, which seeks fairer development opportunities.
In a report titled « BRICS Cooperation: Advancing the Collective Progress of the Global South, » the Xinhua Institute, a think tank affiliated with Xinhua News Agency, offers a thorough overview of the evolution of BRICS cooperation, systematically highlighting its major accomplishments and contemporary significance.
It presents a meaningful path for countries of the Global South to pursue shared prosperity in an increasingly complex international environment, and underscores the strong sense of responsibility and leadership shown by BRICS nations as frontrunners of the Global South.
By amplifying the voices of the countries long marginalized in global decision-making, BRICS has taken on the role of a stabilizing force in an increasingly fractured world.
The expansion of BRICS marks a qualitative leap in its representativeness and influence. In January this year, Indonesia, the largest economy in ASEAN, officially joined BRICS. Today, BRICS countries account for over half of the world’s population, nearly 30 percent of global GDP, and more than 50 percent of global economic growth. This signifies a historic shift of Global South power from the periphery to the center of the international arena.
By Xinhua
