With reference to a grouping of countries known as BRICS, consider the following statements: 1. The First Summit of BRICS was held in Rio de Janeiro in 2009. 2. South Africa was the last to join the BRICS grouping. Which of the statements given above is/are correct?

QUESTION

Medium

International Relations

Prelims 2014

With reference to a grouping of countries known as BRICS, consider the following statements:

The First Summit of BRICS was held in Rio de Janeiro in 2009.
South Africa was the last to join the BRICS grouping.

Which of the statements given above is/are correct?

Select an option to attempt

Explanation

BRICS is the acronym coined for an association of five major emerging national economies Brazil , Russia , India , China and South Africa . Originally the first four were grouped as 'BRIC' (or 'the BRICs'), before the induction of South Africa in 2011.

The BRIC grouping's first formal summit, also held in Yekaterinburg (Russia), commenced on 16 June 2009, with Luiz Incio Lula da Silva, Dmitry Medvedev, Manmohan Singh, and Hu Jintao, the respective leaders of Brazil, Russia, India, and China, all attending.

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