Brics is a political and diplomatic coordination forum for eleven countries of the southern hemisphere, including Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia and Iran.
The main goal is to strengthen the economic, political and social cooperation between its members and increase the influence of developing countries in the field of international management, encouraging legitimacy and equality of participation in global institutions, such as the United Nations, the IMF and the World Bank.
Initially, it was invented in 2001 as an abbreviation for the economic growth of Brazil, Russia, India and China, Brik was formed as a political forum in 2006.
The first meeting at the level of the Minister of Foreign Affairs was held in 2006, and the first head of the head of the state in 2009. After the financial crisis of 2008, this group began to coordinate in the reform of the global economic administration.
South Africa joined in 2011. At the 2023 Johannesburg summit, six new members were approved in 2024-2025, namely Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates.
Brics works with a presidential rotation, focusing on three pillars: politics and security, economics and finance, as well as the interaction of civil society.
The category of partner countries was formed at the Kazan summit of 2024, including Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda and Uzbekistan.