APPSC Group - II Mains

Wednesday, July 16, 2014

Subject :  BRICS Summit 2014 Detailed Updates .

BRICS which was the country names in brief of five nations which include ( Brazil, Russia, India, China, and South Africa. ) The BRICS members will be the head of their nations in India are all developing or newly industrialised countries, but they are distinguished by their large, fast-growing economies and significant influence on regional and global affairs; all five are G-20 members.
The term, "BRICS", was coined by economist Jim O'Neill in his publication, Building Better Global Economic BRICs.

Sr.NoDatesHost CountryLocationLeader
1st Summit16th June 2009RussiaYekaterinburgDmitry Medvedev
2nd Summit15th April 2010BrazilBrasiliaLuiz InĂ¡cio Lula da Silva
3rd Summit14th April 2011ChinaSanyaHu Jintao
4th Summit29th March 2012IndiaNew DelhiManmohan Singh
5th Summit26-27 March 2013South AfricaDubanJacob Zuma
6th Summit15-17 July 2014BrazilFortelazaDilma Rousseff
7th Summit2015RussiaUfaVladimir Putin

brics summit list : The five emerging nations first unveiled their plans last year. The New Development Bank aims to rival the Washington-based World Bank while the reserve is seen as a "mini-IMF."

South Africa held the chair of the BRICS group in 2013, having hosted the group's fifth summit in 2013.


The BRICS have received both praise and criticism from numerous quarters. Argentina participated in the Fortaleza Summit held in July 2014 in response to an invitation by Russia. In that meeting, the BRICS countries will discuss the possible admission of Argentina as the sixth member country.

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