The idea to establish a parliamentary forum emerged as a result of the active development of diverse cooperation within the framework of BRICS.
Leaders of the member-states regularly hold top-level meetings. A new BRICS bank – New Development Bank – is being currently established. The BRICS countries are united by their aspiration to make common cause on issues concerning global development and shaping a global financial architecture that meets the requirements of the 21st century. They actively cooperate within the G20, and contribute substantially to its agenda. There are currently 25 areas where BRICS cooperate. So it would be logical to add a parliamentary dimension to them.
Traditional European parliamentary forums, on their part, cover only Europe or the OSCE space at most. They do not operate outside these regions.