BRICS a rising collective in a changing world

The 16th BRICS Summit in Kazan, Russia, from Tuesday to Thursday will see new members after the historic expansion, marking the beginning of a new era of cooperation for the grouping.

After the end of the Cold War, developing countries and emerging market economies have been seeking to better safeguard their national security, boost the economic development and improve their peoples' living standards. And they need a fair and just world order to promote economic globalization, multilateralism and democratic international relations.

BRICS has established a framework with the leaders' summits at the helm, supported by ministerial meetings. The grouping has been promoting practical cooperation in fields such as trade, finance, technology, agriculture, culture, education and healthcare.