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French economist Thomas Piketty urged Western powers to take BRICS seriously, given its rising economic weight. He noted the bloc has surpassed the G7 in purchasing power parity, accounting for more than 32% of global GDP.
According to a White House press release, Rubio’s trip aims to highlight the strength of the US’s Comprehensive Strategic Partnership with ASEAN and to reaffirm the commitment to building on the Comprehensive Partnership with Malaysia.
Malaysia and Thailand became partner countries of the BRICS group on 1 January and will participate in BRICS mechanisms along with Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Uganda and Uzbekistan, Russian presidential aide Yury Ushakov announced. With the addition of these nine partner nations, BRICS now encompasses approximately half of the