business ๐ค BRICS aims for Global South's stronger economy
BRICS cooperation is seen as a way for the Global South to build economies beyond just managing supply chain issues. This platform, active at the 18th BRICS Summit in New Delhi, helps promote diversified trade and reduce regulatory barriers. The article highlights that increasing local currency usage and better transport links are key steps for resilience. Geopolitical tensions are exposing developing economies to repeated economic shocks, making this cooperation crucial. This initiative aims to lay the foundation for "development-chain resilience" for these nations. ๐