15th BRICS Summit

The BRICS Summits have become an important platform for political, social, and economic cooperation among the leading emerging economies of the world. The acronym “BRICS” refers to the five member countries: Brazil, Russia, India, China, and South Africa. The 15th BRICS Summit is set to take place in Durban, South Africa in late August 2023. This article aims to provide an overview of the BRICS Summits and their significance in promoting cooperation and collaboration among the BRICS countries.

History of BRICS Summits

The first BRIC Summit was held in 2009 in Russia and marked the beginning of regular high-level meetings among the leaders of the five emerging economies. The main objectives of the summit were to promote cooperation and collaboration among the countries in various fields, including politics, economy, and social issues. The 3rd edition of the summit, held in China’s Sanya in April 2011, was the first time South Africa participated in the BRICS summit.

Significance of BRICS Summits

The BRICS Summits have provided an opportunity for the leaders of the member countries to come together and discuss political, social, and economic issues. The summits serve as a platform for exchanging views on a range of topics and finding ways to collaborate on common interests. The BRICS countries have a combined population of more than 3 billion people and account for more than 40% of the world’s total land area. By coming together at the BRICS Summits, the member countries aim to promote mutual understanding and strengthen cooperation in various fields, including trade, investment, science, and technology.

Recent BRICS Summits

The 14th BRICS Summit was held virtually on June 23, 2022, by China, due to the ongoing COVID-19 pandemic. Despite the challenges posed by the pandemic, the virtual summit allowed for productive discussions and a continuation of cooperation among the BRICS countries.

The upcoming 15th BRICS Summit in Durban, South Africa, is expected to be an important platform for further strengthening political, social, and economic cooperation among the member countries. The leaders of the BRICS countries will convene to discuss a range of topics and find ways to collaborate on common interests.

Way Forward

In conclusion, the BRICS Summits have proven to be a significant platform for promoting political, social, and economic cooperation among the leading emerging economies of the world. By bringing together the leaders of the BRICS countries, the summits provide an opportunity to exchange views on a range of topics and find ways to collaborate on common interests. The upcoming 15th BRICS Summit in Durban, South Africa, is expected to be an important platform for further strengthening cooperation among the BRICS countries.