BRICS: Know Every Information That You Must Be Aware Of

BRICS: Know Every Information That You Must Be Aware Of

BY: BHARAT EXPRESS

BRIC was formed on 16 June 2009

When Was BRIC Formed?

The acronym BRIC was formulated by economist Jim O’Neill, of Goldman Sachs

Who Gave Acronym BRIC?

In 2010, South Africa joined the organisation & the acronym was modified to BRICS

From BRIC TO BRICS

BRICS stands for Brazil, Russia, India, China & South Africa as it includes five key emerging economies

BRICS Full Form

BRICS headquarter is located in Shanghai, People's Republic of China

Headquarter Of BRICS

The first formal BRICS summit took place in 2009 in Yekaterinburg, Russia

First BRICS Summit

Political and Security Cooperation, Economic and Financial Cooperation, Cultural Interactions

Three Major Pillars Of BRICS