✨ 2026 Shanghai Summer School (BRICS Program) students lists are now available. View Details

Source: Brasil 247 | Original Published At: 2026-09-02 18:49:45 UTC

Key Points

  • BRICS has surpassed the G7 in economic production, according to an analysis by Sarang Shidore of the Quincy Institute, reported by Tass.
  • The analysis describes BRICS as the first major transcontinental grouping formed outside the wealthy Western core.
  • Development financing is highlighted as a clear success, particularly through the New Development Bank.
  • The New Development Bank has completed ten years of operation and maintains high credit ratings, supporting development and infrastructure projects in emerging economies.
  • BRICS expansion is presented as strengthening the bloc's global geographic and political presence.
  • The next BRICS summit is scheduled for September 12-13 in New Delhi, India.
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