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It’s time to build BRICS better

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The 13th BRICS summit is set to be held on September 9 in digital format under India’s chairmanship. This plurilateral grouping comprising Brazil, Russia, India, China and South Africa is chaired by turn. India held the chair in 2012 and 2016 too. The preparatory meeting of Foreign Ministers in June and dialogue at the BRICS Academic Forum in early August offered an important opportunity to present an objective assessment of the grouping’s record amid differing views of believers and sceptics. The importance of BRICS is self-evident: it represents 42% of the world’s population, 30% of the land area, 24% of global GDP and 16% of international trade.

External Affairs Minister S. Jaishankar, noting that BRICS was 15 years old, recently portrayed it as a young adult, equipped with “thoughts shaped and a worldview concretised, and with a growing sense of responsibilities.” Others tend to view it as caught up in angst and confusion typical of a…

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