The BRICS countries have written a wonderful story of the joint development of countries with different systems, cultures and regions, which has become a flagship of South-South cooperation. Experts believe the expansion will represent a historic and new starting point for BRICS cooperation. With the historic expansion, the BRICS mechanism will have a greater voice in driving global governance reforms toward a more just and equitable direction, infusing the world with greater certainty and stability, said experts. For emerging markets and developing countries, joining the group enables them to jointly pursue development while safeguarding national sovereignty and economic independence. This allows them to engage in global development with equality and dignity, said former Bolivian Foreign Minister Fernando Huanacuni.