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BRICS in Delhi: multipolarity in practice and challenges for Europe

Joshi, Sachin / Sven Grimm
External Publications (2026)

published on blogs.idos-research.de/, 14.09.2026

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The BRICS Group gets limited attention in Europe.  Indeed, the BRICS member countries are “non-Western”, but not a coherent block. It is exactly for this reason, that it merits close attention. The BRICS+ as a group are economically fast catching up with the G7 in global weight – on purchasing power parity, BRICS+ has already overtaken the G7.  Starting as an investment banker’s idea, the countries whose initials stand for BRICS – Brazil, Russia, India, China, and later also South Africa – have since taken more members to their informal club, inter alia Iran, Ethiopia, the United Arab Emirates and Indonesia.

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