IGT | INSIDE GLOBAL TRADE

Policy Brief No. 201856

July 29, 2018

The paper has been published in CGTN, July 28, 2018.

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BRICS Plus: An innovative model for cooperation

Su Qingyi

It has been ten years since the BRICS mechanism was established. During this process, BRICS has undergone two significant improvements. The first is the accession of South Africa in 2011, and the second is promoting the formation of BRICS Plus in 2017. This reveals that BRICS cooperation is a continuous development mechanism.

BRICS Plus is the perfection and innovation of the current system. The main body comprises the countries – Brazil, Russia, India, China and South Africa. This is conducive to ensuring the stability and efficiency of the organization’s cooperation. However, the cooperation is an open and inclusive platform.

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