Question

what are the major function of BRICS​

Answer 1

Answer:

The BRICS are the world's leading emerging economies. Especially in the last decade, they have been characterized by rapid economic growth and industrialization. Their role in world affairs is thus changing from that of developing countries who are recipients of aid to (again) significant donors of funds.

Answer 2

SOME OF THE MAJOR FUNCTIONS OF BRICS ARE AS FOLLOWS -

1)  To achieve regional development

2)  Act as an bridge between developed and developing countries.

3)  Increasing trade co-operation by making an exclusive trade bloc.

4)  Using currency other than US dollar.

5) Increasing regional co-operation.

6)  The original objective was that developed countries used to dominate

     trade with developing countries.

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