Full form of BRICs. How it started?


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What is BRICs? Why and when it formed?
asked May 9, 2012 in Current Affairs by ajaykr81 Moderator (175,000 points)
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The BRICS is Co-Operation of Brazil,Russia,India,China & South Africa.
answered May 9, 2012 by Manishkumar Moderator (63,600 points)
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BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. The BRIC grouping's first formal summit held in Yekaterinburg, commenced on 16 June 2009 while Manmohan Singh was the Prime Minister of India. At start group was named as BRIC, but after being formally invited by the BRIC countries to join the group, South Africa officially became a member nation on 24 December 2010, and the group was renamed BRICS.
answered Sep 2 by admin Moderator (156,800 points)

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