Paper: GS – II, Subject: International Relations, Topic: Regional and Global Grouping, Issue: BRICS Summit Concern over Terrorism.
Context:
At the BRICS summit in Rio de Janeiro, Prime Minister Narendra Modi emphasized that most of the world’s population lacks proper representation in major global institutions.
- The BRICS Leaders’ Declaration, adopted at the summit, echoed India’s key concerns, particularly highlighting the issues of cross-border terrorism and the need for reforms in global governance.
Key Takeaways:
| What is BRICS? BRICS is a geopolitical and economic grouping of 11 emerging nations, primarily from the Global South. It promotes multilateralism, reform of global institutions, and equity in international governance. Established in: The term BRIC was coined in 2001. The group was formally institutionalized through Foreign Ministers’ meetings from 2006. The first BRICS Summit took place in 2009 in Ekaterinburg, Russia. Headquarters: BRICS has no permanent headquarters. The chairmanship rotates annually among members. Current Members (11 Members): Original Members: Brazil, Russia, India, China, South Africa New Members: Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, UAE |
Benefits and Challenges of BRICS Summit Initiatives:
Addressing these challenges through collaboration, dialogue, and focused initiatives is essential for achieving the collective goals of the BRICS nations and promoting a more balanced global order.
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