The BRICS is an economic group  composed by: Brazil, Russia, India, China and South Africa. It is not about an economic leadership neither an international institute. It is about an unofficial grouping meant to unit its improvement power of growth.

The expression BRICS was createad by an economist named Jim O´neil and it was related to the biggest five emergent power nations in the world. It has the huge chance to super pass the seven great power nations in a near future – which do not make FMI neither The Mundial Bank happy about.

In current days, the BRICS has more than 21% of mundial internal brut product, are represented by 42% of entire world population and its strength of work and consumption power.  

The group also comes to the superficie because of its natural resources abundance and favorable way of exploration.

The dates reaffirms its important representation in the world.

Annual meetings happens with the nation´s leaderships and its chancellors to discuses about the future steps they have to take to maintain the group growth and rise it  to others great power nations level. They have already made a decision to create a bank account with contingency fund. Such action was taken to guarantee the economic establishment of the five nations, that makes part of, in an emergency case.