Abstract:Since 2006, when the foreign ministers of Brazil and Russia indicated their desire to turn BRICS what was previously only an acronym developed in 2001 by Jim O'Neill of Goldman Sachs into a political organization a lot has changed in terms of policy making, geopolitics, and international relations. Since the formation of BRICS 16 years ago, the basis for collaboration has been strengthened and the fields of cooperation have been broadened. It has evolved into an all-encompassing and multi-level framew… Show more
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