3rd BRICS summit in the context of "BRICS"

⭐ In the context of BRICS, the 3rd BRICS summit held in 2011 is particularly significant because it represented…

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⭐ Core Definition: 3rd BRICS summit

The 2011 BRICS summit (Chinese: 金砖国家领导人第三次会晤) took place in Sanya on the island of Hainan, China, on 14 April 2011. This was the third BRICS summit since 2009 and the first to formally include South Africa after its accession to the group in December 2010. The meeting took place among the five heads of state/heads of government from the BRICS states following bilateral meetings in the prior days.

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👉 3rd BRICS summit in the context of BRICS

BRICS is an intergovernmental organization comprising ten countries: Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, South Africa and the United Arab Emirates. Its conceptual origins were articulated by Russian foreign minister Yevgeny Primakov in 1998, and can be traced to informal forums and dialogue groups such as RIC (Russia, India, and China) and IBSA (India, Brazil, and South Africa). BRIC was originally a term coined by British economist Jim O'Neill, and later championed by his employer Goldman Sachs in 2001, to designate a group of emerging markets.

The bloc's inaugural summit was held in 2009 and featured the founding countries of Brazil, Russia, India, and China; they adopted the acronym BRIC and formed an informal diplomatic club where their governments could meet annually at formal summits and coordinate multilateral policies. South Africa joined the organization in September 2010, which was then renamed BRICS, and attended the third summit in 2011 as a full member. Iran, Egypt, Ethiopia, and the United Arab Emirates attended their first summit as member states in 2024 in Russia. Indonesia officially joined in early 2025, becoming the first Southeast Asian member. The acronym BRICS+ or BRICS Plus has been informally used to reflect new membership since 2024.

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