The 2022 BRICS summit is the fourteenth annual

BRICS BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as " BRIC" (or "the BRICs") in 2001 by Goldman Sachs economist Jim O'Neill, who coined the t ...

summit, an international relations conference attended by the heads of state or heads of government of the five member states

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eigh ...

India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...

, China and

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring count ...

. It was the third time that China hosted the BRICS Summit after 2011 and

2017 File:2017 Events Collage V2.png, From top left, clockwise: The War Against ISIS at the Battle of Mosul (2016-2017); aftermath of the Manchester Arena bombing; The Solar eclipse of August 21, 2017 ("Great American Eclipse"); North Korea tests a ser ...

. The summit was hosted virtually by video conference.

BRICS extension

In addition to other countries that have expressed interest in joining the BRICS, and countries like Argentina and Iran that have applied for membership previously, Saudi Arabia, Turkey and Egypt expressed interest in joining during the summit

Participating leaders

File:Pronunciamento do Presidente da República, Jair Bolsonaro (cropped).jpg,

Jair Bolsonaro Jair Messias Bolsonaro (; born 21 March 1955) is a Brazilian politician and retired military officer who has been the 38th president of Brazil since 1 January 2019. He was elected in 2018 as a member of the Social Liberal Party, which he turn ...

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese f ...

File:Vladimir Putin (2017-07-08).jpg,

Vladimir Putin Vladimir Vladimirovich Putin; (born 7 October 1952) is a Russian politician and former intelligence officer who holds the office of president of Russia. Putin has served continuously as president or prime minister since 1999: as prime m ...

File:PM Modi Portrait(cropped).jpg,

Narendra Modi Narendra Damodardas Modi (; born 17 September 1950) is an Indian politician serving as the List of Prime Ministers of India, 14th and current Prime Minister of India since 2014. Modi was the List of chief ministers of Gujarat, Chief Minist ...

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...

File:Xi Jinping 2019.jpg,

Xi Jinping Xi Jinping ( ; ; ; born 15 June 1953) is a Chinese politician who has served as the general secretary of the Chinese Communist Party (CCP) and chairman of the Central Military Commission (CMC), and thus as the paramount leader of China, ...

(Host) File:2019 Reunião Informal do BRICS - 48142657142 (cropped).jpg,

Cyril Ramaphosa Matamela Cyril Ramaphosa (born 17 November 1952) is a South African businessman and politician who is currently serving as the fifth democratically elected president of South Africa. Formerly an anti-apartheid activist, trade union leader, and ...

Reserve currency

A major development on the summit was creation of a new, basket type reserve currency. The currency, which is challenging US dollar, combines BRICS currencies and is backed by precious metals.

References

External links

* {{BRICS, state=autocollapse 21st-century diplomatic conferences 2022 conferences 2022 in China 2022 in international relations BRICS summits Diplomatic conferences in China