Dear MEL Topic Readers,
Xi explores second 'Golden Decade' of BRICS cooperation
What is BRICS? It is an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. These countries have newly industrialized or rapidly developing in their respective region. Because of their size of their economy and population, and the speed of development, their influence on their regional affairs is significant. Combined, these countries represent about 40% of the world population, nearly a quarter of the gross world product.
They’ve held annual summits since 2009. This year, China was the hosting country and chose Xiamen, or Amoy, to host other four leaders. Though agreements announced after the summit seem somehow political and diplomatic, direct and intimate meetings among Xi Jinping, Vladimir Putin, and Narendra Modi, officially and behind the doors, might have produced more significant and impactful outcomes.
Enjoy looking at the executive summary of the summit, and think what else might have agreed or disagreed.
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