Leaders from the BRICS Alliance meet in 2018 including Vladimir Putin and Xi Jinping.
Now the BRICS nations-Brazil, Russia, India, China, and South Africa-are setting themselves up as an alternative to existing international financial and political forums.
"The BRICS countries are experiencing their geopolitical moment." Brazil, Russia, India, China and South Africa are trying to position themselves as representatives of the Global South, providing "An alternative model to the G7". The G7 is an "Informal forum" of heads of state of the world's most advanced economies, founded in 1975.
Germany, France, the United Kingdom, Italy, Japan, Canada, and the US are members, as is the EU South African Foreign Minister Naledi Pandor said worldwide interest in the BRICS group was "Huge." In early March, she told television interviewers that she had 12 letters from interested countries on her desk.
The most recent economic developments in BRICS member states have little to do with the initial myths upon which the group was founded.
Of the five members, only China has achieved sustained and extensive growth since then.
The expansion of the BRICS Alliance is a threat to US global dominance.
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