Russian Foreign Minister Sergey Lavrov speaks during a joint news conference with Nigerian Foreign Minister Yusuf Tuggar (not in image) following their talks in Moscow, Russia, March 6, 2024. (PHOTO / AP)

MOSCOW - BRICS' working mechanism helps facilitate integration processes in different regions, Russian Foreign Minister Sergei Lavrov said Wednesday.

"BRICS ... acts as a potential coordinator of integration processes that are taking place at the regional level," Lavrov said during a meeting at a Moscow-based think tank.

Russia holds the rotating chair of BRICS for 2024

As integration processes are intensifying both at regional and global levels, BRICS, already a truly global association, can undoubtedly be a driving force behind effective efforts aimed at forming equal and just mechanisms for the regulation of international relations, said Lavrov.

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BRICS is the acronym for an emerging-market cooperative mechanism that initially includes Brazil, Russia, India, China and South Africa. On Jan 1, Saudi Arabia, Egypt, the United Arab Emirates, Iran, and Ethiopia joined BRICS, doubling its members from five to 10.

Russia holds the rotating chair of BRICS for 2024.