Caixin Explains: How BRICS Has Expanded

00:00

00:00/00:00

Listen to this article 1x

Leaders of BRICS member countries pose for a group photo during the 16th BRICS Summit held at the Kazan Convention and Exhibition Center on Oct. 23. Photo: Xinhua

The BRICS, a geopolitical bloc composed of nine countries including China and Russia, held its 16th summit from Oct. 22 to Oct. 24 in Kazan, Russia. It was the first summit for the four new member states ― Iran, Egypt, Ethiopia and the United Arab Emirates ― since their accession to the group this year.

BRICS expansions

The founding members of Brazil, Russia, India and China held the bloc’s first summit in Yekaterinburg, Russia, in 2009 under the initial name BRIC. Since then, the group has expanded twice.

You've accessed an article available only to subscribers

Subscribe today for just $.99.

VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article

Open WeChat and scan the QR code

DIGEST HUB

Digest Hub

Back

Explore the story in 30 seconds

The 16th BRICS summit was held in October 2023 in Kazan, Russia, marking the first summit for new member states Iran, Egypt, Ethiopia, and UAE.
Argentina declined its BRICS invitation post-election, while Saudi Arabia is still evaluating its potential membership.
Several countries, including Malaysia and Thailand, have shown interest in joining BRICS, with Malaysia seeking membership formally in June 2023.

AI generated, for reference only