BRICS is a meme. It was a term a Goldman Sachs researcher used to describe developing economies that are worth investing in.
Brazil is a basket case, S Africa is basically a failed state, India and China are rivals, and Russia is eviscerating itself in Ukraine and turning into China’s Canada.
India is selling classic weapons to Russia. They are buying Reaper drones from America (likely to bomb Kashmir with)
The interesting part here is the price. India is making the 4Billion they spent on American weapons back by selling weapons to Russia.
As India is in BRICS they might not be the most effective counter to China.
BRICS is a meme. It was a term a Goldman Sachs researcher used to describe developing economies that are worth investing in.
Brazil is a basket case, S Africa is basically a failed state, India and China are rivals, and Russia is eviscerating itself in Ukraine and turning into China’s Canada.
They’re selling weapons to Russia though and not small amounts.
BRICS also has many smaller countries that are under our sanctions and do not have other trading partners. Giving BRICS a cheaper supply to resources.