BRICS is becoming a formidable alliance.
The sanctions imposed by the United States and Europe no longer hold any sway, as demonstrated by Russia's resilience in achieving a GDP growth of approximately 3% despite these restrictions.
China and Russia are well-equipped to provide all necessary technological resources to fellow BRICS members, rendering Western sanctions on technology obsolete.
The combined oil production share of the BRICS nations stands at an impressive 43.1%. They possess a wealth of rare natural materials in substantial quantities.
Another important development is the declining use of the US dollar within this bloc. Russia has already completely phased it out, and Iran is poised to follow suit. The ultimate goal of these nations is to eliminate the dollar from their mutual transactions entirely.
China's economic prowess continues to soar as it surpassed Japan to become the world's leading exporter of cars and electric vehicles.
While some member countries currently grapple with low living standards, these circumstances are expected to significantly improve in the near future.
This map depicts the BRICS landscape as it stands in 2023, at which point Argentina chose not to join this influential alliance.
Argentina summed up