For those who still wonder what the BRICS is, it simply stands for the five emerging economies – namely Brazil, Russia, India, China and South Africa – and its goal is to promote peace, security, development and cooperation. Due to the potential of these countries in becoming major economic powers, their impact on the international arena based on their growing economic strength and relevance globally is a factor as to why the union was made in the first place, notwithstanding their sweeping population and substantial natural resources