BRICS


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BRICS
BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. The grouping was originally known as "BRIC" before the inclusion of South Africa in 2010. The BRICS members are all developing or newly industrialised countries, but they are distinguished by their large, fast-growing economies and significant influence on regional and global affairs; all five are G-20 members. Since 2009, the BRICS nations have met annually at formal summits. Russia currently holds the chair of the BRICS group, and hosted the group's seventh summit in July 2015.

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BRIC
In economics, BRIC is a grouping acronym that refers to the countries of BrazilRussiaIndia and China, which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as "the BRICs" or "the BRIC countries" or "the BRIC economies" or alternatively as the "Big Four". A related acronym, BRICS, includes South Africa.

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Bric
Bric may refer to:
  • BRIC, Brazil, Russia, India, China
  • BRICS, Brazil, Russia, India, China, South Africa
  • Bric, a settlement in the Municipality of Koper, Slovenia

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