Where BRICS has failed its founders is in the vision of interdependence between the five countries; despite their combined population accounting for 40% of humanity, intra-BRICS trade still makes up just 15% of world trade.
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Unknown titleled New Development Bank, and the BRICS business council in ensuring that BRICS countries, major drivers of growth in the past decade, continue to represent “close to a third of global output”. <span>Where BRICS has failed its founders is in the vision of interdependence between the five countries; despite their combined population accounting for 40% of humanity, intra-BRICS trade still makes up just 15% of world trade. Going forward, it is greater connectivity and more trade that will allow the BRICS countries to claim their rightful space, and provide the leadership and energy that the global economi Summary
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