Inside Story

Building BRICS influence?

Russia hosts China, India, Brazil and South Africa for a summit aimed at challenging the global financial order.

On the face of it, they may seem unlikely partners – the so-called BRICS nations comprising Brazil, Russia, India, China, and more recently South Africa.

The nations are still considered to be emerging economies, but are increasingly challenging Western dominance of global financial institutions.

Russia is hosting the seventh BRICS summit in the remote western city of Ufa, looking to send a message of strength and unity.

But while BRICS may have been the acronym of choice, it by no means reflects the economic order of the group members, or their individual influence.

So can mutual aspirations outweigh individual ambitions?

Presenter: Dareen Abughaida

Guests:

Vladimir Mikheev, co-author of the weekly Russian analytical programme, ‘Troika Report’.

Andrew Leung, independent China analyst.

Aly-Khan Satchu, chief executive of Rich Management and a specialist on emerging economies.