Word of the Day. Download App..

1st BRIC summit Russia


BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia.
1st BRIC summit Russia

The inaugural BRIC summit took place in Yekaterinburg, Russia on June 16, 2009.The four heads of government from the BRIC countries attended. 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.Today, the four countries produce about 15 percent of the worlds gross domestic product and hold about 40 percent of the gold and hard currency reserves.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.The leaders discussed the current global financial crisis, global development, and further strengthening of the BRIC group.The BRIC leaders called for increased economic reform, demanding a greater voice and representation in international financial institutions, and their heads and senior leadership should be appointed through an open, transparent and merit based selection process.Amongst the important issues discussed were United Nations reform. We reiterate the importance we attach to the status of India and Brazil in international affairs, and understand and support their aspirations to play a greater role in the United Nations.Regarding the 2007

PM Narendra Modi Statement at BRICS Summit
BRICS show unity at summit
BRICS Objectives
6th BRIC summit Brazil
3rd BRIC summit china
Impact of Brics Countries on the Global Economy
Expectations for 6th BRICS Summit dim further in new geopolitical scenario
5th BRIC summit South Africa
BRICS Development Agenda
2nd BRIC summit Brazil
More ...

Test your English Language
Baby Care Tips
Sardar Vallabhbhai Patel
Rivers of India
What to Eat in Uttara khand
Top High Speed Bullet Trains
Best HD Games for IOS and Android
Worlds Most Beautiful Small Towns
Teddy Day
Ten Ball Billiards