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Cooperation
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- New Bank on the Block
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- BRICS Gets More Byte
- Brick by Brick
- Cementing the BRICS
People-to-people Exchange
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- A Bigger BRICS Means a Better BRICS
- A Stepping Stone
- BRICS Youth Expect Summit to Enhance Cooperation in Finance, Trade, Education
- Chinese Embroidery Weaves into BRICS Summit
Global Governance
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- A Bigger BRICS Means a Better BRICS
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- All Eyes on BRICS
- The Way Forward
- The Power of Five: Building a Stronger Partnership
- An Expanding Map
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From the Magazine
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NO. 37, 2017
- Bigger BRICS, Larger Role
- The Way Forward
- Five Plus More
- The Dawn of a New Golden Decade
- All Eyes on BRICS
- New Bank on the Block
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NO. 33, 2017
- The Power of Five: Building a Stronger Partnership
- A Voice for Co-Governance
- BRICS Gets More Byte
Infographics
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Multimedia more
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EXCLUSIVE: U.S. Expert Says the BRICS's Influence Is Growing
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Xi Addresses BRICS Xiamen Summit
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EXCLUSIVE: Top Expert Says Xi Makes a Prescription for Economic Growth
Timeline
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June, 2009

Location: Yekaterinburg, Russia

Participating countries: China, India, Russia, Brazil

  • Achievements: The four countries called for a more diversified international monetary system, greater voice and representation of emerging and developing economies in international financial institutions and the reform of international financial institutions, so as to reflect changes in the global economy.
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April, 2010

Location: Brasilia, Brazil

Participating countries: China, India, Russia, Brazil

  • Achievements: Concrete steps were taken to move forward the cooperation and coordination within BRIC. The four countries reiterated the pressing need to reform the governance structures of IMF and World Bank based on a substantial shift in voting power in favor of emerging market economies and developing countries.
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April, 2011

Location: Sanya, China

Participating countries: China, India, Russia, Brazil, South Africa

  • Achievements: The five countries made detailed plans on future cooperation, agreeing to bolstering exchange and collaboration in sectors including finance, think tank, business community, technology and energy.
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March, 2012

Location: New Delhi, India

Participating countries: China, India, Russia, Brazil, South Africa

  • Achievements: BRICS countries discussed the feasibility of a BRICS Development Bank and hoped it could be on par with the World Bank. Two agreements aimed at extending local currency settlement and credit within BRICS were signed at the meeting to enhance intra-BRICS trade in coming years.
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March, 2013

Location: Durban, South Africa

Participating countries: China, India, Russia, Brazil, South Africa

  • Achievements: A decision was made at the summit to set up a BRICS-led New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA). The BRICS Think Tanks Council and the BRICS Business Council were established.
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July, 2014

Location: Fortaleza, Brazil

Participating countries: China, India, Russia, Brazil, South Africa

  • Achievements: The NDB shall have an initial subscribed capital shall be of $50 billion, equally shared among founding members, and the headquarters shall be located in Shanghai. The Treaty for the establishment of the BRICS CRA was signed with an initial size of $100 billion.
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July, 2015

Location: Ufa, Russia

Participating countries: China, India, Russia, Brazil, South Africa

  • Achievements: Ufa summit marked the entry into force of the NDB and CRA. The Strategy for the BRICS Economic Partnership was adopted, becoming the key guideline for expanding trade and investment between the five countries.
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October, 2016

Location: Goa, India

Participating countries: China, India, Russia, Brazil and South Africa

  • Achievements: President Xi Jinping laid out a five-point proposal, which included cooperative programs such as building an open world, mapping out a shared development vision, coping with the most pressing global challenges, safeguarding fairness and justice in the international community, and deepening partnerships within the emerging economy bloc.
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For Your Information more
- About BRICS
BRICS is a group of five leading emerging economies.
- About BRICS Summits
BRICS has held annual summits since 2009
Archives more
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NO. 39, 2016
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NO. 44, 2013
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NO. 37, 2013
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NO. 14, 2013
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NO. 15, 2012
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NO. 17, 2011
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