1st BRIC summit

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1st BRIC summit

The 1st BRICS Summit, held on June 16–17, 2009, in Yekaterinburg, Russia, marked the inaugural gathering of the BRICS nations—Brazil, Russia, India, China, and South Africa. This summit was significant as it aimed to enhance cooperation among the member countries, which collectively represent over 40% of the world's population and a substantial portion of the global economy. India, under the leadership of Prime Minister Manmohan Singh, played a pivotal role in advocating for a multipolar world and reforms in global financial institutions. Key discussions included global economic governance, energy security, and sustainable development. The summit laid the groundwork for future collaboration and established a platform for dialogue among emerging economies.