MECi Trade

Unlock Your Business Potential with BRICS+

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Specialising in Consulting and Advisory Services in BRICS+ Regions

Our expertise lies in navigating the vibrant markets of BRICS+, ensuring your business thrives in this dynamic landscape.

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Why BRICS+ is a Great Place to Do Business

The BRICS+ bloc, which now includes 11 countries (Brazil, Russia, India, China, South Africa, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, and the UAE), presents an unparalleled opportunity for businesses looking to expand into high-growth markets.

And BRICS is growing. There are 40 countries expressing interest to become part of this economic block. With all of these countries within the expanded BRICS+, the block becomes the largest trading group on the planet.

Here are some key facts that highlight the immense potential of this dynamic economic alliance:

  • BRICS+ is home to over 5.5 billion people, accounting for 65% of the world’s population. With China and India being the world’s most populous countries, the bloc has a massive consumer base.
  • The combined GDP of BRICS+ countries exceeds 50 trillion Euro. This represents more than 50% of global GDP. This makes BRICS+ the most significant economic force on planet earth, far eclipsing the former dominance of the old world, western led G7.
  • BRICS+ countries are among the fastest-growing economies in the world, with India and China leading the pack. The bloc’s diverse economies offer opportunities in various sectors, from manufacturing and technology to commodities and energy.
  • The expansion of BRICS to include six new members in 2024 further strengthens its geopolitical influence and economic potential. The addition of major economies like Saudi Arabia and Iran, as well as emerging markets like Egypt and Argentina, diversifies the bloc’s strengths and opportunities.
  • BRICS has established institutions like the New Development Bank to fund sustainable infrastructure and energy projects across the Global South, providing businesses with access to financing and growth opportunities.
  • The bloc’s diversity, with countries differing in demographics, political ideology, and resource access, can be seen as a strength. Businesses can leverage the unique advantages of each member country to optimise their operations and reach new markets.

BRICS+ offers businesses a vast consumer base, high-growth markets, diverse opportunities, and a supportive institutional framework. As the bloc continues to expand and solidify its position as the global place to be for the rest of the 21st century, it presents the attractive destination for businesses seeking to remain relevant on the global stage.

The sheer scale of BRICS+ in terms of population and economic output underscores its obvious capacity to drive driver global growth and development. With over 40 additional countries eager to join, BRICS+ is to reshaping the geopolitical landscape for the coming decades as the replacement to Western dominance.

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