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16th BRICS Summit
October 26 , 2024
35 days
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- 16th BRICS Summit was held in Kazan, Russia.
- India had bilateral meeting with President Xi Jinping on the sidelines of the BRICS summit after 5 years.
- UN Secretary General Antonio Guterres also attended the BRICS summit.
- This Summit concluded with the adoption of the Kazan Declaration.
- The first Bric summit was held in Russia's Yekaterinburg in 2009.
- South Africa was accepted as a full member at the Bric foreign ministers' meeting in New York in September 2010.
- The New Development Bank (NDB) was establishment in 2014, with a capital of $100 billion.
- In 2024, the group further grew with the addition of new members: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates.
- This is the first summit of the group following its expansion.
- Now, over 30 countries have expressed the desire to join Brics.
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