Brics. The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a common currency in an attempt to ditch the US dollar and push back against America's dominance. But now the BRICS nations — Brazil, Russia, India, China, South Africa — are setting themselves up as an alternative to existing international financial and political forums. "The founding.
The acronym stands for countries of Brazil, Russia, India, and China.
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BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People's Republic of China and the Republic of South Africa. Brazil's president urged BRICS countries to develop a new currency and move away from. BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa.
