BRIC:vision for a new global order

BRIC:its stand for Brazil,Russia,India,China.actually the idea of the bric have been suggested by the brazilian president luis inacio lula da silvs in june 2007..one of the most important reason for the four countries coming together because of the global economic and political hyteria which has been dominated by the us and her western allias .
The idea of the bric began to take concrete shape gradually and the first meeting of foriegn ministers took place at russia in 2008.the key decision took place at the meeting was ,development of global ecoinomy,fighting terriorsm,more democratic world order etc
four members of the bric holds the substantial share in the world growth and output.It is estimated that there their combined output would be 40% of the global gdp by the year 2020.
they together represent the 40% of the global population and 20% of the global terrtal area .The four members of the bric nations currently account for 15 percent of the global economy and 42 percent of the global currency reserves.

IT HAS BEEN ESTIMATED THAT RUSSIA,INDIA,CHINA WOULD BECOME THE ENGINE OF THE WORLD GROWTH.

Why BRIC is becoming more strong and g4 is hampering ..which have shock the world reasons are given below
1.Members of the BRIC have different pace of economic growth and different structure of ecomomy.these countries have different motive

2.members of the BRIC have seprate close and realationship with us which automatically going to challenge

it is due to these factors that bric have to play a very important role and balence role