ForumIAS LATEST
- 04 June | MGP Strategy Series | GS Paper 4 (Ethics) with AIR 7 A.R. Rajah Mohaideen Click Here to register for the session →
- 04 June | GS Advance Program begins from 4th June 2026 | First 2 classes open to all Click Here to register for the event →
- 05 June | MGP Strategy Series | GS Paper 3 Strategy Session with AIR 406 Mannat Luthra Click Here to register for the session
- 06 June | Open Orientation on Essay Guidance Program (EGP 2026) Click Here to register →
- 07 June | Open Orientation for Current Affairs for Mains 2026 Click Here to register →
- 07 June | Sociology Optional Strategy Session with AIR 10 Ujjwal Priyank Click Here to register →
News: Prime Minister Narendra Modi will visit Brazil from Nov 13-14 to attend an annual summit of BRICS.
Facts:
About BRICS
- BRICS is the acronym coined for an association of five major emerging national economies that have similar economic development. The five countries are Brazil, Russia, India, China and South Africa. Brazil is the current chair of BRICS
- Originally the first four were grouped as “BRIC”. The acronym was first used in 2001 by economist Jim O’Neill.
- In 2010, South Africa was officially admitted as a BRIC nation following an invitation from China and the other BRIC nations, making the current acronym BRICS.
BRICS Summits
- Since 2009 BRIC countries has held annual BRICS Leaders’ Summits.
- Discussions focus on spheres of political and socioeconomic coordination, in which member countries have identified business opportunities, economic complementarities and areas of cooperation.
- The theme for upcoming 2019 BRICS Summit is ‘Economic Growth for an Innovative Future’.
- At the 2019 BRICS Summit, i-BRICS — Innovation BRICS Network, will be launched. It will include networking of research institutes like science parks, incubators and accelerators. Further, The BRICS leaders will also agree to establish the Women Business Alliance.
