ABSTRACT

The non-neutrality of international regimes has led to the uneven distribution of interests in the international community and spawned advantaged and disadvantaged groups of countries. The rise of the Brazil, Russia, India, China and South Africa (BRICS) countries reflects their growth in economic, political, cultural terms, among other aspects, and marks a gradual shift of the BRICS' role in global affairs from peripheral to central. The formation and development of the BRICS cooperative mechanism are undoubtedly of paramount significance for strengthening economic and trade cooperation and policy coordination among the five countries. The BRICS has gradually developed from a concept in the investment field to a multilateral cooperative mechanism of emerging economies that plays an important role in the international arena. The inclusiveness of BRICS membership demonstrates the openness and non-discrimination of the five governments in foreign policy. The BRICS countries have established a multilayered cooperation framework, covering leaders' meetings, ministerial meetings, experts' meetings and grassroots forums.