Institution

BRICS

BRICS is an intergovernmental grouping of major emerging economies named after its first members, Brazil, Russia, India and China, which held their first summit in 2009; South Africa joined in 2010–2011. It expanded from January 2024 to include Egypt, Ethiopia, Iran and the United Arab Emirates, and Indonesia in 2025, and has founded a New Development Bank. It seeks greater influence for its members in a world economy shaped by Western institutions.

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Cite this entry
APA
The Epoch Institute. (2026). BRICS. In The Epoch Institute Encyclopedia. https://the-epoch-institute.org/encyclopedia/brics
MLA
“BRICS.” The Epoch Institute Encyclopedia, The Epoch Institute, 2026, https://the-epoch-institute.org/encyclopedia/brics. Accessed .
Chicago
The Epoch Institute. “BRICS.” The Epoch Institute Encyclopedia. 2026. https://the-epoch-institute.org/encyclopedia/brics.
Harvard
The Epoch Institute (2026) ‘BRICS’, The Epoch Institute Encyclopedia. Available at: https://the-epoch-institute.org/encyclopedia/brics (Accessed: ).

Last reviewed October 2026Random entry ↻