Mechanisms for strengthening BRICS cooperation

A. V. Balabanova ()

Entrepreneur’s Guide, 2025, vol. 18, issue 4

Abstract: The article provides a comprehensive analysis of key mechanisms and areas for strengthening multilateral cooperation within the BRICS association. Economic, political, socio–cultural, technological and institutional aspects of integration are addressed. Based on the analysis of current initiatives and existing challenges, the dynamics and prospects for further consolidation of the participating countries in the context of the transformation of the global order are investigated.The relevance of the topic is due to the growing role of BRICS in the world economy and politics, as well as the goals of creating a more equitable and inclusive architecture of international relations.The purpose of this article is to systematize and analyze the main mechanisms for strengthening interaction between member countries in five key areas: economy, politics, socio–cultural sphere, innovation and institution–building.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ahc:journl:y:2025:id:2179

DOI: 10.24182/2073-9885-2025-18-4-101-111

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