From August 22 to August 24, 2023, the 15th meeting of BRICS countries was held in Johannesburg, South Africa. On the morning of August 24th, 2023, at the special press conference of the 15th BRICS Meeting held in Johannesburg, South African President Ramaphosa announced that the BRICS countries had decided to invite Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to become full members of the BRICS cooperation mechanism from June 5438+1 October/0/2024.

The BRICS Summit was held by Brazil, Russian Federation, Indian Federation, South Africa and China. The traditional BRIC countries quoted the English initials of Brazil, Russian, Indian and China. Because this word is similar to the brick of English words, it is called "BRIC". After South Africa joined, its English word has become "BRICS" and changed its name to "BRICS".

The significance of convening

The BRICS conference has gradually formed the BRICS cooperation mechanism. As the representative of the emerging economies in the world, the BRIC countries are also increasing their international influence.

With South Africa's accession, BRIC countries have become history, and a more broadly representative BRIC country has stepped onto the international stage. With the maturity of BRICS cooperation mechanism, more emerging economies may join in the future, and BRICS countries with greatly increased weight will play a more important role in international political and economic affairs.

Reference to the above content: Baidu Encyclopedia-BRICS Summit