The fifth BRICS summit – growing influence

The fifth BRICS summit took place in Durban from 26-27 March. The BRICS countries are made up of Brazil, Russia, India, China and South Africa and represent the fastest growing emerging markets in the world, accounting for 42% of the world’s population and 20% of output. Increasing cooperation between BRICS countries in key areas such as finance, culture, transportation links, and developing an integrated market for trade and investment were key objectives of the summit. There were four major outcomes… Read moreThe fifth BRICS summit – growing influence