Russia and China’s Approach in the BRICS and Vietnam’s Possibility of Participation

Abstract

BRICS (the group of emerging economies) includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE). BRICS was established in 2010 and has been playing an increasingly important role in the global economic and political process. Russia and China are not only the founders but also leading countries who have launched many initiatives to promote intrabloc cooperation. Built upon combining mutual strengths, Russia and China’s strategic cooperation in organizations, including the BRICS group, has the potential to shape changes in international relations on a global and regional scale. The article focuses on studying Russia and China’s approaches within the BRICS framework and Vietnam’s possibility of participating in this organization.