The collective strength of BRICS nations allows for meaningful cooperation on myriad issues, however, the platform's ability to influence the trajectory of bilateral relationships remains limited. Do you agree?

In the recently concluded BRICS summit meeting in South Africa, BRICS expanded to include 6 new nations (new BRICS) ~30% global GDP, ~4.3% per capita [and consumption] Collective strength allowing meaningful CECP on myriad issues i Economic: 1. Exit NOB - New Dev Bank [Multi-bilateral banking institutions] (Loans for infra and dev) 2. BRICS payment gateway - in proposed 3. BRICS rating agency - in progress ii Resource related: 1. New BRICS: [Largest producers] and [common of crude on same platform]