Brazil sets terms for expansion of BRICS

The country wants the club to grow slower to maintain cohesion and regional balance, sources told the news outlet Brazil is worried that a rapid expansion of BRICS, an intragovernmental economic forum in which it is a founding member, would destabilize the organization and diminish the roles of the current member states, government sources told Reuters. “An expansion could transform the bloc into something else,” an anonymous Brazilian official was quoted by the news agency on Wednesday as saying. “Brazil’s position has been concerned with the cohesion of the group and preservation of our space in a group of imp

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