The creation of the BRICS “partnership belt” during the BRICS summit in 2024 is in some respects no less significant than the expansion in the BRICS core during the 2023 BRICS summit in South Africa. While it may be too early to discuss the exact ramifications of the BRICS expansion associated with the “partnership belt”, in sheer quantitative terms the near doubling of BRICS core membership in 2023 was followed by a more than doubling of the circle of developing economies associated with BRICS/BRICS+ in 2024

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