Why are BRICS countries called South-South cooperation?

South-South cooperation, that is, economic and technological cooperation among developing countries, is called "South-South cooperation" because most developing countries are located in the south of major developed countries.

South-South cooperation is an important channel for developing countries to strive for self-reliance and progress, and also an effective means to ensure their effective integration and participation in the world economy. South-South cooperation is mutual cooperation among developing countries based on their historical experience and post-independence tasks.

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Facts have proved that South-South cooperation and tripartite cooperation are effective in increasing employment, building infrastructure and promoting trade development in developing countries. These cooperations seek to establish a broad cooperation framework among developing countries and complement the traditional partnership between donor countries and recipient countries.

South-South cooperation is playing a more important role than ever before in dealing with food insecurity. The global demand for effective development programs in the South has reached an unprecedented height.

Baidu encyclopedia-South-South cooperation