(16 Oct 2016) Leaders of five of the world's fast-rising powers were on Sunday holding their annual summit in the southwestern Indian state of Goa at a time when their ability to shape the global dialogue on international politics and finance is increasingly being questioned.
Brazil, Russia, India, China and South Africa, or BRICS, face the tough task of asserting their growing influence as a power group even as they bridge their own trade rivalries to help grow their economies.
The group represents nearly half of the world's population and a quarter of its economy at 16.6 trillion US dollars.
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