The expansion of the Brics group, comprising Brazil, Russia, India, China, and South Africa, to include six new members—Iran, Saudi Arabia, Egypt, Argentina, the UAE, and Ethiopia—holds significant implications for both geoeconomics and geopolitics on the global stage.
Geoeconomics:
Diverse Economic Landscapes: The addition of these new members expands the Brics group's economic diversity, ranging from major oil producers like Saudi Arabia to developing economies like Ethiopia. This diversification could potentially lead to increased trade and i...
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