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Yes, members are collaborating closer with each other and also members are a part of BRICS Development Bank which is basically a international bank for all memb
by capableweb 4y ago
Yes, members are collaborating closer with each other and also members are a part of BRICS Development Bank which is basically a international bank for all members. I guess you could consider BRICS the closest thing to a rival of G7, but that's of course a simplification, the structures are different.
- ElectricalUnion 4y ago> collaborating closer People and countries collaborate on things all the time, not necessarily because of a consultative organization they happen to be in. It's more likely that those countries, they collaborate with each other "despite BRICS", or "despite G7" that because of it. > BRICS Development Bank But the same countries are also part of the International Monetary Fund, a kind-of-bank that is more or less the "G7 Bank" (G7 countries usually hold large ammounts of XDR votes in the IMF) and much more important.