BRICS_ An economic club or a G7 challenger

BRICS, short for Brazil, Russia, India, China, and South Africa, is a prominent coalition of emerging economies that collectively challenge the traditional dominance of the G7 in global economic discussions. Formed in 2009, BRICS aims to foster cooperation among its diverse member nations, leveraging their substantial combined GDP, population, and resources. While not a formal alliance, BRICS serves as a platform for diplomatic engagement, policy coordination, and collaborative initiatives. With growing influence in international affairs, BRICS contributes to shaping economic narratives, advocating for multipolarity, and addressing global challenges, thereby positioning itself as a consequential player in the evolving world order.