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BRICS Tower headquarters in Shanghai. The term BRIC was originally developed in the context of foreign investment strategies. It was introduced in the 2001 publication, Building Better Global Economic BRICs by Jim O'Neill, then head of global economics research at Goldman Sachs and later Chairman of Goldman Sachs Asset Management.
The 2024 BRICS summit was the sixteenth annual BRICS summit, held in Kazan, Russia. It was the first BRICS summit to include Egypt , Ethiopia , Iran , and the United Arab Emirates as members, following their accession to the organization at the 15th BRICS summit .
South Africa formally joined in 2010 and attended the 3rd BRICS summit. The organization expanded again in 2024, with Egypt, Ethiopia, Iran, and the United Arab Emirates attending the 16th BRICS summit as official members. Many other countries are partner states or have applied to join.
BRICS stands for Brazil, Russia, India, China and South Africa, who are the original members of the intergovernmental organization that first aimed to highlight international investment strategies
Saudi Arabia has not yet officially joined the BRICs bloc of developing countries, the kingdom's minister of commerce said in a panel at the World Economic Forum in Davos on Tuesday. "Saudi Arabia ...
The 2021 BRICS summit is the thirteenth annual BRICS summit, an international relations conference attended by the heads of state or heads of government of the five member states Brazil, Russia, India, China and South Africa. It was the third time that India hosted the BRICS Summit after 2012 and 2016. [3]
U.S. President-elect Donald Trump on Saturday demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar ...
The 2024 BRICS Games, also known as the 2024 BRICS Sports Games, was an international multi-sport competition running from 12 to 23 June 2024 in Kazan, Russia, organized by countries belonging to the economic association BRICS, and was held in Kazan in connection with Russia's chairmanship of BRICS in 2024.
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