BRICS Summit -2017 : Main Highlights

BRICS is comprised of China, Brazil, Russia, India and South Africa.
The first BRIC Foreign Ministers’ Meeting was held in 2006 among China, Brazil, Russia and India.
The meeting was held for a general debate of the 61st session of the United Nations General Assembly, which marked the beginning for BRIC cooperation.
In 2009, the first BRIC Summit was held in Yekaterinburg, Russia. Since then, the Summit has become an annual event. To date, 8 Summits have been held.
In December 2010, China, as the Chair, invited South Africa to join BRIC and attend the Summit in Sanya, China. BRIC officially enlarged to include 5 countries and the acronym changed into BRICS.
Together, they account for 26.46% of world land area, 42.58% of world population, 13.24% of World Bank voting power and 14.91% of IMF quota shares. According to IMF’s estimates, BRICS countries generated 22.53% of the world GDP in 2015 and has contributed more than 50% of world economic growth during the last 10 years.

Event	BRICS Summit
Edition	Ninth
Date	September 3 to 5, 2017
Venue	Xiamen, China
Chaired by	Xi Jinping (President of China)
Other participants	President Jacob Zuma of South Africa, President Michel Temer of Brazil, President Vladimir Putin of Russia and Prime Minister Narendra Modi of India
Theme	BRICS: Stronger Partnership for a Brighter Future

Logo of 2017 summit:

The main component of the 2017 BRICS Summit Logo resembles both full sails and a rotating earth, painted in 5 colors representing the 5 BRICS countries. The symbolism is two-fold: BRICS countries breaking the waves in the same boat towards a brighter future; and BRICS playing an important role in global political and economical affairs.

Documents signed in the presence of BRICS Leaders during BRICS Summit:

1- BRICS Action Agenda on Economic and Trade Cooperation
2- BRICS Action Plan for Innovation Cooperation(2017-2020)
3- Strategic Framework of BRICS Customs Cooperation
4- Memorandum of Understanding between the BRICS Business Council and the New Development Bank on Strategic Cooperation

Previous Editions of BRICS Summit:

The 8th BRICS Summit	October 2016	Goa, India
The 7th BRICS Summit	July 2015	Ufa, Russia
The 6th BRICS Summit	July 2014	Fortaleza, Brazil
The 5th BRICS Summit	March 2013	Durban, South Africa
The 4th BRICS Summit	March 2012	New Delhi, India.
The 3rd BRICS Summit	April 2011	Sanya, China.
The 2nd BRIC Summit	April 2010	Brasilia, capital of Brazil.
The 1st BRIC Summit	June 2009	Yekaterinburg, Russia