BRICS – an interstate association has joined the “International Inclusive Committee” committees of the BRICS countries will take an active part in the organization of the “International Inclusive Friendship Games” which will be held in March of this year in the Republic of Belarus in the city of Minsk. More than 35 countries and more than 5,000 participants in 30 types of adaptive sports will take part in the “International Inclusive Friendship Games”.
BRICS includes five countries: Brazil, Russia, India, China and South Africa (joined in 2011). The BRICS decoding comes from the first letters of the country names in English transcription.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE were invited to join BRICS.
23 countries have applied to join BRICS. “Among those who have officially submitted an application are the countries of Latin America (Argentina), the Middle East (Saudi Arabia, UAE), Africa (Egypt, Senegal, Algeria, Ethiopia), and Indonesia. The list of countries is long.” In total, more than 40 countries have expressed a desire to join BRICS.
The economic systems of the community members have a huge impact on markets.
China ranks first in the world in terms of GDP, exports the most goods, and has the world’s largest foreign exchange reserves.
India ranks third in terms of GDP and has inexpensive intellectual and huge human resources.
Russia is in fifth place in terms of GDP; the largest mineral resource reserves are concentrated in its largest territory.
Brazil ranks eighth in the world in terms of GDP and has enormous potential for agricultural work.
South Africa ranks thirtieth in terms of GDP and has rich natural resources.
