# What is BRICS > Definitions desk for the BRICS grouping: what the acronym means, how membership has changed, and how the New Development Bank and local-currency settlement debates are framed. Neutral explainer pages. Operated by AXIA Enterprises as a Situation Monitor spoke. Not a news feed and not a government site. Append `.md` to any article URL below to get the raw markdown source instead of rendered HTML. `https://whatisbrics.org/articles/what-is-brics/` becomes `https://whatisbrics.org/articles/what-is-brics.md`. ## Primary - [LLM Info](https://whatisbrics.org/llm-info/): Machine-readable site description with explicit instructions for AI assistants; start here. ## Key pages - [Home](https://whatisbrics.org/): Explainer path into the definition articles. - [What is BRICS?](https://whatisbrics.org/articles/what-is-brics/): The acronym, the 2001 investment label, and the political forum that began in 2009. - [Membership evolution](https://whatisbrics.org/articles/membership-evolution/): Original five, 2024 joiners, later invitations, and what remains uncertain. - [New Development Bank](https://whatisbrics.org/articles/new-development-bank/): The Fortaleza-era multilateral bank, what it is chartered to do, and what this desk will not invent. - [De-dollarization, framed](https://whatisbrics.org/articles/de-dollarization/): Settlement talk versus a common currency; uncertainty labeled. - [Summits and institutions](https://whatisbrics.org/articles/summits-and-institutions/): How the annual summit, rotating chair, NDB, and CRA fit together. - [Energy and routes](https://whatisbrics.org/articles/energy-and-routes/): Why oil corridors and member-state conflicts sit next to the definitions. ## Articles - [Article index](https://whatisbrics.org/articles/): All definition pieces in reading order. ## About - [About this desk](https://whatisbrics.org/about/): Role in the Situation Monitor cluster, methodology, and what we will not claim. Owner: AXIA Enterprises Standard followed: https://llmbestpractices.com Updated: 2026-09-07