from 21st Century Wire:

The next meeting of the BRICS group of nations is pivotal. Not only do Brazil, Russia, India, China and South Africa look to welcoming a new tranche of members into the club; but we also expect an announcement about a new currency regime. BRICS has grown from a talking house to a true international institution – and it is about to step out from the shadow of American hegemony.

In this article we will gain an overview of the key building blocks of the BRICS financial system including the proposed ‘Unit’. We will delve into the geopolitics that underlie the bloc’s metamorphosis and equivocate on the future of their evolution. Let us start with the geopolitics which have fertilised the fields for the growth of BRICS coin.