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What will be the trade benefits and opportunities of BRICS

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What will be the trade benefits and opportunities of BRICS?
 Enhanced market access for member countries.
 Diversification of export destinations.
 reducing dependence on traditional markets.
 Negotiation power for favorable trade agreements through collective economic
strength.
 Increased economic cooperation, fostering mutual growth.
 Joint initiatives and investments stimulate infrastructure development.
 Creation of new trade corridors, facilitating smoother exchanges of goods and
services.
 Collaborative approach encourages shared technological advancements and
innovation.
What are the global impacts and economist thoughts regarding BRICS activities?
Ans: 1. Economic Impact:
*Growth and Development
*Trade and Investment
2.Geopolitical Impact:
3.Political Influence:
4.Infrastructure and Development:
5.Energy and Resource Cooperation:
6. Shifts in Economic Power:
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