It has become a diplomatic talking shop similar to the G7. There has been pushes from some member states to make it more, including creating alternate financial systems, but it has been slow growing.
Russia got all pissy with Kazakhstan just this week as a result of them not joining the BRICS
BRIC
KSNothing like fomenting trust in a global financial transaction system by threatening potential user nations.
Turtalous growth because of the so many differences in political, economical, ideological between the participating countries which results in shitload of epic proportions
People care about the G7 because they have power and they sometimes agree on important things.
Neither of those are true of the “BRICS”.
China, India, and Brazil are all large countries with large economies, but I agree they don’t have a lot to agree on.
