BRICs is an acronym that represents the four most populous emerging economies in the world- Brazil, Russia, India, and China. The term was first coined in 2001 by Goldman Sachs, which is a leading global investment banking and securities firm. These …
IBSA, short for India, Brazil, and South Africa, is a trilateral forum that brings together three leading developing countries from different continents. This alliance, which began in 2003, aims to promote cooperation and collaboration on various issues of mutual interest. …