Will BRICS expansion weeken dollar dominance in Global Trade
Impact of BRICS Expansion on Global Trade Introduction BRICS — Brazil, Russia, India, China, and South Africa — has grown from a loose coalition into a powerful economic bloc. With recent expansion to include Saudi Arabia, UAE, Egypt, Ethiopia, Iran, and Indonesia, BRICS now represents a significant portion of global GDP and trade flows. This expansion signals a decisive shift toward a multipolar world economy.