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BRICS
BRICS is a globally important grouping of five strong emerging and newly industrialized economies namely Brazil, Russia, India, China and South Africa. It is notable that all 5 countries are members of G-20 (a group of 20 leading economies of the world).
Significance:
Brics Bank
Brics payment system
Brics Contingency Reserve Arrangement
ASEAN
East Asia Summit
RCEP
Regional Comprehensive Economic Partnership
Trans Pacific Partnership (TPP)
MTCR
Missile Technology Control Regime
NSG
Nuclear Suppliers Group
G-20 (Group of 20)
G-33 (Group of 33)
