When was BRICS formed?

The BRICS alliance, an acronym for Brazil, Russia, India, China, and South Africa, was officially formed to enhance collaboration and cooperation among these emerging economies. The origins of BRICS can be traced back to informal discussions between the foreign ministers of these five countries in the early 2000s. However, the first official BRICS summit took place in 2009, marking the formal establishment of the alliance.

The inaugural BRICS summit was held in Yekaterinburg, Russia, on June 16, 2009. During this summit, the leaders of Brazil, Russia, India, China, and South Africa came together to discuss common challenges, opportunities, and areas of mutual interest. This event laid the foundation for future cooperation and marked the beginning of a concerted effort to amplify the influence of these emerging economies on the global stage.

Since that first meeting, BRICS has continued to hold annual summits, with each member nation taking turns to host the event. These summits provide leaders with a platform to discuss various economic, political, and social issues, as well as to strengthen diplomatic ties and explore avenues for collaboration. Over the years, BRICS has evolved into a significant alliance, influencing international discourse on topics ranging from trade and investment to global governance and sustainable development.

The formation of BRICS represents a dynamic response to the changing global landscape, reflecting the growing economic and geopolitical influence of these five countries. , BRICS remains an important player in shaping the global order and fostering cooperation among its member nations, with the potential to impact a wide range of international issues.