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BRICS Focuses on Self-Reliance Across Energy, Food, and Rare Earths

BRICS Focuses on Self-Reliance Across Energy, Food, and Rare Earths

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THE BRIEF
1

BRICS leaders called for deeper economic cooperation and alternative trade corridors to enhance self-reliance amid rising sanctions and trade restrictions.

2

The bloc commands about 85 percent of global rare earth reserves, with China holding 48.9 percent and India accounting for 7.7 percent according to 2025 USGS data.

3

BRICS countries also hold approximately 40.7 percent of proven global oil reserves and account for 57.4 percent of global food production.