What are different Regional and economic groups found by Countries?

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Different Groups of Countries BRICS All these Developing Nations (This is called Economic Groups) SAARC All these South East Asian Nations (This is called Regional Groups) Different Grouping of Countries Regional Groups Economic Groups Group of Countries which share same area or region Group of Countries which share same Economic Status Example BRICS (Group of Developing Nations) G8 (Group of top 8 Highly Industries Nations of world) Example SAARC (All South east Asian Countries) European union (All European Counties) Different Economic Groups Formed Name of Group Countries Involved Common Point BRICS Brazil, Russia, India, China, South Africa All are Emerging Economies G-8 France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Russia Group of 8 highly Industrialized Countries like G-20 All Major Counties of world including India, China USA(but doesn’t include Pakistan) Group of 19 Countries + European Unpins OPEC All main oil producing nations like Saudi Arab, Iran, Kuwait etc Organization of Petroleum Exporting Countries Why formed? To Strengthen Local Economy and learn from each other SAARC (All South east Asian Countries) Promote International Trade and fix prices of their Commodities European union (All European Countries) Different Regional Groups Formed Name of Group SAARC Countries Involved Countries Involved Common Point All south Asian Countries (South Asian Association for Regional Corporation) South east Asian Countries like Malaysia, Singapore, Thailand AEAN Means Association for Southeast Asian Nations EU Countries like France, Germany, Italy(doesn’t include UK) Countries like France, Germany, Italy(doesn’t include UK) Why formed? To Safeguard Common Interests To Safeguard Common Interests