brics nations – Google Search

Origin and Evolution
BRIC:
The concept of BRIC originated with Goldman Sachs economist Jim O’Neill in 2001 to describe the growing economic potential of Brazil, Russia, India, and China. 
BRICS:
The group was formed by these four countries, with South Africa joining in 2010, transforming the acronym to BRICS. 
Expansion:
The group expanded significantly in 2024, with Egypt, Ethiopia, Iran, and the United Arab Emirates joining, and further in 2025 with the inclusion of Indonesia. 
Goals and Purpose
Political and Economic Coordination:
BRICS serves as a forum for member countries to coordinate their economic and diplomatic policies and to increase their influence in global affairs. 
Challenging Western Influence:
The group was founded on the premise that international institutions were too dominated by Western powers and did not adequately represent developing nations. 
Economic Cooperation:
A key focus of BRICS is to further economic cooperation among member nations. 
Current Members
The current members of the BRICS group are: 
Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Indonesia, and United Arab Emirates
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