This market will resolve to "Yes" if any member state formally withdraws from BRICS or provides an official notice of denunciation to BRICS by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No".

A notice of denunciation refers to the submission of a notice of withdrawal.

The resolution source will be official information from the relevant government and BRICS, however a consensus of credible reporting may also be used.