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: