BRICS Welcomes New Members, Paving the Way for Inclusive Global Growth 🌍
Hey there, world changers! 🌟 Have you heard the buzz about BRICS lately? Well, buckle up, because this group just got bigger and bolder! 🚀
In 2024, BRICS said \"¡Bienvenidos!\" to new members: Saudi Arabia, Egypt, the United Arab Emirates, Iran, and Ethiopia. That's right, amigos—the club grew from five to ten! 👫👫👫 Other countries like Thailand, Malaysia, and Nicaragua are knocking on the door, eager to join the party. 🎉
So, what's the big deal? 🤔 Wang Lei, director of the Center for BRICS Cooperation Studies at Beijing Normal University, says this expansion shows how BRICS is the cool kids' table for countries in the Global South. 🌏 By teaming up, they're sharing knowledge and boosting growth together. Talk about squad goals! 💪
BRICS nations are loaded with natural resources and have massive consumer markets. That's like having the perfect playlist and the dance floor—time to groove! 🎶🕺 Their economies are on fire, contributing big time to global development. 🔥
Get this: BRICS countries make up over 40% of the world's population and account for 37% of global GDP! 🤑 That's according to a report from the World Governments Summit Organization in February 2024. Impressive, right?
According to Taylor Fravel, a political science professor at MIT, the growing BRICS family is all about giving a voice to the Global South. 🗣️ They want to make sure everyone's invited to the global conversation, not just the usual suspects. It's like making sure everyone gets a slice of the pizza. 🍕
By joining forces, BRICS is balancing the scales against the big industrialized economies. ⚖️ It's all about cooperation, inclusion, and making the world a fairer place for everyone. Let's raise a toast to that! 🥂
Reference(s):
BRICS promotes inclusive, cooperative global economic future
cgtn.com
