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The Organization of the Petroleum Exporting Countries (OPEC, / ˈoʊpɛk / OH-pek) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit. It was founded on 14 September 1960 in Baghdad by the first five members (Iran, Iraq ...
Brazil is a full member of the United Nations. It has participated in peacekeeping operations with the UN [1] in the Middle East, the former Belgian Congo, Cyprus, Mozambique, Angola, and more recently East Timor and Haiti. [2] Brazil has been regularly elected as a non-permanent member to the Security Council since its first session in 1946 ...
Since Venezuela and Ecuador consume little oil and export most of their production, they are part of OPEC. Venezuela had a big drop in production after 2015 (where it produced 2.5 million barrels / day), falling in 2016 to 2.2 million, in 2017 to 2 million, in 2018 to 1.4 million and in 2019 to 877 thousand, due to lack of investments. [37]
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.Originally identified to highlight investment opportunities, [1] the grouping evolved into an actual geopolitical bloc, with their governments meeting annually at formal summits and coordinating multilateral policies since 2009.
Venezuela applied for membership, but its entry has not been ratified by Paraguay, although it was ratified by Argentina, Brazil and Uruguay. [16] However, in June 2012 Paraguay was suspended from Mercosur for an alleged coup d'état and the violation of the Democratic Clause of Mercosur, so Venezuela's admission, already approved by the remaining members, became effective on July 31. [7]
In 2020, Brazil was the world's largest producer, with 130 million tons. South America produces half of the world's soybeans. Coffee in Minas Gerais. In 2018, Brazil was the world's largest producer, with 3.5 million tons. South America produces half of the world's coffee. Orange in São Paulo. In 2018, Brazil was the world's largest producer ...
Category. : Member states of OPEC. States that form part of the Organization of the Petroleum Exporting Countries (OPEC).
Member states of BRICS. BRICS is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC. [1][2][3][4] The original acronym "BRIC", or "the BRICs", was coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing economies that he ...