Investment relations of BRICS countries: present state and prospects

For many years foreign direct investment was considered a major factor that contributes to economic growth and development in emerging countries, facilitates internationalization and integration of economies around the world. Strengthening intra-BRICS investment ties might enhance mutual trust in the organization and open up new possibilities for closer cooperation in the future. This article touches upon the dynamics of BRICS' mutual FDI and reviews prospects of investment cooperation of the organization.