Hey there, future leaders! Have you ever wondered how countries team up to make the world a better place? Let me tell you about BRICS! It’s like a group of friends from different parts of the world working together to help everyone.
What is BRICS?
BRICS stands for Brazil, Russia, India, China, and South Africa. These countries have joined forces to support each other and other developing countries, often called the “Global South”. They have meetings called summits to talk about how to improve the world.
New Friends Joining In!
Recently, Colombia and Uzbekistan became new members of the BRICS’ New Development Bank (NDB). This means more countries are teaming up! Even Vietnam has joined as a partner country. Now, BRICS includes big economies from Asia, Africa, Latin America, and the Middle East. Together, they represent nearly half of the world’s people and contribute to more than half of the world’s growth!
Working Together for a Better Future
Leaders of BRICS countries are focusing on how to make the world more fair and help everyone grow and develop. For example, China’s President Xi Jinping has encouraged BRICS to open “a new horizon in high-quality development”. He wants BRICS to be a leader in bringing countries together and making global rules better for everyone.
Cool Projects and Ideas
China’s Premier Li Qiang announced that China will set up a special research center for BRICS. This center will help develop new technologies and industries. There’s also a scholarship to help students from BRICS countries learn about industry and technology. How awesome is that?
China has also helped start projects on artificial intelligence (AI), digital economy, and more. These projects help countries learn from each other and grow together.
Why Does This Matter?
BRICS countries are making a big difference! They contribute 40% of the world’s total production, and they’re growing faster than the global average. This means they have a big role in making the world a better place.
The New Development Bank (NDB)
The NDB was started in 2015 to help fund important projects in BRICS countries. The cool thing about this bank is that all members are equal, and everyone’s voice is heard! They’ve approved over 120 projects worth $40 billion, helping with trade, building roads, schools, and more.
Building a Fairer World
At their latest summit in Rio de Janeiro, the BRICS countries agreed to work even more closely. They want to make global rules fairer and help all countries have a say in how the world is run.
Let’s Keep an Eye on BRICS!
It’s exciting to see how countries can work together to make positive changes. Who knows? Maybe one day you’ll be part of such amazing global teamwork! 🌟
Reference(s):
cgtn.com
