(260911) -- BEIJING, Sept. 11, 2026 (Xinhua) -- Workers sort coffee beans to be exported to China at a coffee processing plant in Addis Ababa, Ethiopia, Feb. 13, 2026. The expansion of BRICS marks a qualitative leap in its representativeness and influence. Today, BRICS countries account for nearly half of the world's population, around 30 percent of global economic output, and one-fifth of global trade. The grea
The Impact of BRICS Expansion on Global Cooperation and Economic Development
The article discusses the expansion of BRICS, which now represents nearly half of the world's population and a significant portion of global economic output and trade. This expansion involves countries like Ethiopia exporting goods to China, highlighting increased cooperation among BRICS nations. For Iran, this development signifies a strengthening of alliances that could enhance its economic and political standing on the global stage.
👥 Key Players
📰 What Happened
BRICS has expanded to include more countries, now representing nearly half of the world's population and a significant portion of global economic output. This expansion facilitates increased trade and cooperation among member nations, including Ethiopia exporting goods to China.
- BRICS now accounts for around 30% of global economic output.
- The expansion enhances the bloc's influence in global trade.
💡 Why It Matters
📚 Background
BRICS is an acronym for Brazil, Russia, India, China, and South Africa, representing a coalition of emerging economies aimed at increasing their influence in global affairs. The bloc's expansion reflects a growing trend of economic cooperation among non-Western nations.
🏷️ Entities Mentioned
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