Has brics successful in achieving its aim .Analyse
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The 10th BRICS summit to be hosted by South Africa is going to be closely watched. It comes at a time when extraordinary global political and economic challenges are facing the world.
The BRICS bloc is made up of 5 of the leading countries in the global South — Brazil, Russia, India, China and South Africa.
The challenges facing the world range from country specific problems relating to domestic poverty, inequality and unemployment to climate change and a global economic system that is biased in favour of corporate interests, particularly in finance and technology.
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