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BRICS MINDMAP

I. What is BRICS?

The BRICS is a group of countries that work together on political, economic, and social issues. It mainly represents nations from the Global South—developing countries that want a stronger voice in global affairs.

In short, BRICS is a platform for cooperation among major developing countries to make the world order more balanced.

II. Who Are the Members of BRICS?

Origin of the Term

  • The word “BRIC” was created in 2001 by an economist from Goldman Sachs, a global bank.

  • It stood for Brazil, Russia, India, and China, known for their fast-growing economies.

Current Members (11 Countries Total)

  1. Original Members: Brazil, Russia, India, China, and South Africa.

  2. New Members (added in 2023–24): Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates (UAE).

How BRICS Expanded Over Time:

  • 2006: The four original countries (BRIC) met for the first time.

  • 2011: South Africa joined—turning BRIC into BRICS.

  • 2023 (Johannesburg Summit): Six new countries invited.

  • 2024 (Kazan Summit): Expansion officially began, and a new “Partner Country” category was introduced.

III. Important Milestones in BRICS History

Year

Event

2006

First meeting of BRIC foreign ministers at the UN.

2009

First BRIC Summit in Russia.

2008–09

Countries started working together in global forums like the G20, IMF, and World Bank.

2011

South Africa joined (became BRICS).

2023 (Aug)

The Johannesburg Summit decided on the group’s expansion.

2024 (Oct)

The Kazan Summit introduced “Partner Countries.”

IV. What Does BRICS Aim to Do?

BRICS countries want to make global systems more fair and inclusive.Here’s what they work toward:

  1. Better Global Governance: Make institutions like the UN, IMF, World Bank, and WTO more democratic and representative.

  2. More Cooperation: Encourage economic, political, and cultural collaboration between member countries.

  3. Sustainable Growth: Focus on green, inclusive development that benefits ordinary people.

  4. Empowering the Global South: Give developing countries a stronger say in world affairs.

V. How Does BRICS Work?

A. Informal Yet Coordinated

  • BRICS doesn’t have a permanent headquarters like the UN.

  • All decisions are made by consensus—meaning everyone must agree.

B. Three Main Areas of Focus

  1. Politics & Security—Dialogue on world peace and stability.

  2. Economy & Finance—Trade, investment, and development.

  3. People-to-People (P2P)—Culture, education, and civil society links.

C. Rotating Presidency

  • Each year, a different country leads BRICS, in the B-R-I-C-S order.

  • The leader country hosts the annual summit and sets the year’s agenda.

  • Brazil is the BRICS Chair in 2025.

  • A new rotation system may come soon to include the 6 new members.

D. Membership Types

  1. Members: The 11 main countries.

  2. Partner Countries: Invited nations that take part in selected meetings (e.g., Belarus, Cuba, Nigeria, Vietnam, etc.)

E. Outreach and BRICS+

  • BRICS Outreach (2013): Invites countries from the region of the current Chair.

  • BRICS+ (2017): A broader format that invites countries from outside the region as well.

VI. The New Development Bank (NDB)

What It Is

The New Development Bank (NDB) is a financial institution started by BRICS countries to fund development and infrastructure projects in developing nations.

Quick Facts

Feature

Details

Full Name

New Development Bank

Founded By

BRICS Nations (Brazil, Russia, India, China, South Africa)

Established

2014 (Fortaleza Summit, Brazil)

Started Operations

2015

Headquarters

Shanghai, China

Current President (2025)

Dilma Rousseff (former President of Brazil)

Purpose of NDB:

  • To lend money for infrastructure and development projects (roads, clean energy, urban planning, etc.).

  • To reduce dependence on Western-controlled institutions like the World Bank or IMF.

  • To promote growth and sustainability in developing nations.

BRICS Mindmap

BRICS MINDMAP
BRICS MINDMAP

So in this post we studied about the Brics and BRICS Mindmap.

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