1st BRIC summit
The inaugural BRIC summit took place in Yekaterinburg, Russia on June 16, 2009.[1] The four heads of government from the BRIC countries attended.[2]
1st BRIC Summit
I саммит БРИК
Overview[edit]
The acronym BRIC (for Brazil, Russia, India, China) was first used in a Goldman Sachs thesis projecting that the economic potential of Brazil, Russia, India and China is such that they may become among the five most dominant economies by the year 2050.[3] Today, the four countries produce about 15 percent of the world’s gross domestic product and hold about 40 percent of the gold and hard currency reserves.[4]
Political dialogue between the BRIC countries began in New York in September 2006, with a meeting of the BRIC foreign ministers. Four high-level meetings have followed, including a full-scale meeting in Yekaterinburg, Russia, on May 16, 2008.[5]
