Kautilya

India Opens 18th BRICS Summit as Chinese President Xi Jinping Returns for First India Visit in Seven Years

The scale of BRICS has changed considerably since India last hosted a leaders’ summit. The grouping now consists of 11 members — Brazil, China, Egypt, Ethiopia, India, Indonesia, Iran, Russia, Saudi Arabia, South Africa and the United Arab Emirates. According to the Government of India, these countries together account for about 49.5 per cent of the world’s population, 40 per cent of global GDP and 26 per cent of global trade, giving discussions within BRICS increasing economic and geopolitical weight.