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BRICS leaders agree to expand membership at summit

From channelnewsasia.com

BRICS leaders have agreed to expand the club of major emerging economies and adopted conditions for entry, South Africa said on Wednesday (Aug 23), as the bloc pursues greater clout to shape the world order. Calls to enlarge the BRICS - Brazil, Russia, India, China and South Africa - has dominated the agenda at its three-day summit in Johannesburg and exposed rifts between members. China is seeking to rapidly grow the BRICS amid rising competition with the United States but the group's other major power, India, is wary of the intentions of its geopolitical rival. South African officials say nearly two dozen countries ... (full story)

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