| 1st BRIC Summit I саммит БРИК | ||||
|---|---|---|---|---|
| ||||
 | ||||
 | ||||
| Host country |  Russia | |||
| Cities | Yekaterinburg | |||
| Participants |  Brazil Russia India China | |||
The inauguralBRIC summit took place inYekaterinburg,Russia on June 16, 2009.[1] The fourheads of state orheads of government from theBRIC countries attended.[2]
The acronymBRIC (for Brazil, Russia, India, China) was first used in aGoldman Sachs thesis projecting that the economic potential ofBrazil,Russia,India andChina is such that they may become among the five most dominant economies by the year 2050.[3] Today, the four countries produce about 15 percent of the world’sgross domestic product and hold about 40 percent of thegold andhard currency reserves.[4]
Political dialogue between the BRIC countries began inNew York in September 2006, with a meeting of the BRICforeign ministers. Four high-level meetings have followed, including a full-scale meeting in Yekaterinburg, Russia, on May 16, 2008.[5]
Theheads of state andheads of government of the four countries participated.
| Core BRIC members Host state and leader are shown in bold text. | |||
| Member | Represented by | Title | |
|---|---|---|---|
| Brazil | Luiz Inácio Lula da Silva | President |
| Russia | Dmitry Medvedev | President |
| India | Manmohan Singh | Prime Minister |
| China | Hu Jintao | General Secretary President |
The leaders discussed the2008 financial crisis, global development, and further strengthening of the BRIC group.[6]
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."[6]
They urged theinternational community to push for comprehensive results of theDoha Round.[6]
Amongst the important issues discussed wereUnited 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."[6]
Regarding the2007–2008 world food price crisis, the leaders issued a joint statement on globalfood security, calling for "action by all governments and the relevant international agencies"; and reaffirmed "their commitment to contribute to the efforts to overcome the global food crisis".[7]
| Membership | |
|---|---|
| Summits | |
| Leaders | |
| Sports | |
| Related | |
