It was also emphasized that cooperation between the BRICS group is based on mutual respect, and investment in the BRICS countries has increased by six times. The goals of the BRICS group revolve around promoting trade and investment and strengthening political and diplomatic cooperation among its member states. The BRICS group relies on the national currency in trade between its member states instead of the US dollar. The BRICS group has proven its presence in global politics and its ability to drive global economic growth and innovation. On the other hand, the BRICS group faces many challenges, including the great disparity in development and economy among its member states and major challenges in the field of security and political stability in some member states.
