BRICS Countries Team Up to Make the World a Better Place! 🌍
Have you ever heard of BRICS? It’s a group of five big countries: Brazil, Russia, India, China, and South Africa. They represent almost half of the world’s people and over 30% of the global economy! 😮
This year, they are having a super important meeting called the 17th BRICS Summit in Rio de Janeiro, Brazil, on July 6th and 7th. They’re going to talk about how they can work together to make the world happier and healthier for everyone.
What’s on Their To-Do List?
The BRICS countries want to focus on some really important things:
- Helping each other stay healthy 🏥
- Trading and investing with each other 💰
- Looking after our planet and tackling climate change 🌳
- Talking about how to use cool new technologies like artificial intelligence (AI) responsibly 🤖
- Making sure the world is a peaceful and safe place 🌏
Experts are super excited about this meeting because the world has some problems right now, like disagreements between countries and some countries wanting to do things all by themselves (that’s called protectionism). BRICS can help by working together and sharing ideas! 💡
BRICS and the Global Economy
BRICS isn’t just about meetings; they’ve been doing lots of cool stuff to help countries grow and prosper:
- They started the New Development Bank to help countries build important things like roads and schools 🏗️
- They created the Contingent Reserve Arrangement to help each other if there’s a money problem 💵
These efforts help countries trade more and support each other. For example, trade between BRICS countries has been growing a lot! In fact, over the past ten years, it’s grown by an average of 10.7% every year, which is much faster than the world’s average. 🚀
Working Together for a Better Future
BRICS countries are also teaming up with other nations to help even more people. They’re inviting new members and friends to join their meetings and discussions. This way, they can share ideas and find solutions to global challenges together! 🤝
They’re also trying to make trading easier and fairer. Instead of relying only on one currency like the US dollar, they’re encouraging the use of their own local money when trading. This helps them be more independent and protects their economies. 💱
Standing Up for Fair Trade
In May, the BRICS countries had a meeting where they agreed that unfair tariffs (like extra taxes on goods from other countries) aren’t cool. They want to make sure that everyone plays by the rules and that trade is fair for all. 🌐
By working together, the BRICS countries hope to make the world a better place for everyone, including you! Isn’t it awesome when countries team up to solve big problems? 🎉
What Can You Do?
You might be wondering how you can be part of all this. Well, learning about different countries and how they work together is a great start! Maybe one day, you’ll be a leader who helps bring the world together too. Keep dreaming big! ✨
Reference(s):
BRICS helps stabilize global economy amid rising protectionism
cgtn.com
