India, Nov. 1 -- The 16th Brics Summit held on October 22-24 in Kazan, Russia carries immense significance as it convenes for the first time after the group's recent expansion, which welcomed Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates into its fold. This enlargement enriches the bloc's diversity, now encompassing nations from Asia, Africa, and Latin America. The mosaic nature of Brics is indeed one of the Brics' greatest strengths. The diversity brings together a wide range of cultures, economies, and perspectives. With nearly 50% of the global population and approximately 35% of the world's gross domestic product (GDP) represented, Brics has solidified its position as a formidable force in international affairs.

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