· The ten BRICS+ nations account for half the world’s population and two-fifth of trade—and include major energy producers and importers. · Global companies will need to factor geopolitics into their investment strategies and strengthen their capacity to capture the opportunities and mitigate the risks of BRICS expansion. They also account for one-quarter of global GDP, two-fifths of global trade in goods, and nearly half of the world’s population. Trade in goods among BRICS economies has considerably outpaced trade between the BRICS and G7 nations, leading to greater intra-BRICS trade intensity. BRICS+ markets could become valuable gateways for companies seeking to expand to other emerging markets.
