*_Harvansh Chawla Appointed Chairman of BRICS Chamber of Commerce and Industry_* *Why in News* Harvansh Chawla, an expert in international trade law, has been named the new chairman of the BRICS Chamber of Commerce and Industry. *Key Points* * Chawla brings over 30 years of experience in international law, trade policy, infrastructure, and corporate advisory. * The BRICS Chamber is a non-profit body aimed at boosting trade, investment, and economic cooperation among BRICS countries. *Static Takeaways* *BRICS* * Term ‘BRIC’ coined in 2001 by Goldman Sachs economist Jim O’Neill; South Africa joined in 2010 making it BRICS. * Represents about 25% of global GDP and 40% of the world population. * Formally began with meetings from 2006; first summit in 2009 (without South Africa). * New Development Bank (NDB) formed in 2014.