About the BRICS TERN
BRICS countries represent 43 percent of world’s population, 18 percent of global trade, attract 53 percent of the foreign capital, accounts for about 25 percent of global gross domestic product on purchasing power parity basis and are currently generating about 45 percent growth of the world economy.
BRICS Trade & Economics Research Network (BRICS-TERN) has been established as a platform of non-governmental groups from among Brazil, Russia, India, China and South Africa. Its purpose is to assist the on-going cooperation between and among the BRICS countries with network-based policy research and advocacy on contemporary developmental issues.
- Founding members
- Fundação Getulio Vargas, Brazil
- EcoAccord, Russia
- CUTS International, India
- Shanghai WTO Affairs Consultation Center, China
- South African Institute of International Affairs, South Africa