7th BRICS summit explained

Summit Name:7th BRICS Summit
Russian: VII саммит БРИКС
Country:Russia
Cities:Ufa, Bashkortostan
Date:8–9 July 2015
Participants:BRICS
Follows:6th BRICS summit
Precedes:8th BRICS summit

The 7th BRICS summit was the seventh annual diplomatic summit of the head of states or government of the BRICS member states. It was held in the Russian city of Ufa in Bashkortostan on 8–9 July 2015.[1]

Background

During the 6th BRICS summit in Fortaleza, Brazil, the BRICS leaders signed a declaration reading: "Brazil, India, China and South Africa convey their appreciation to Russia for its offer to host the Seventh BRICS Summit in 2015 in the city of Ufa and extend their full support to that end."[2] [3]

Agenda

The summit coincided with the entry into force of constituting agreements of the New Development Bank and the BRICS Contingent Reserve Arrangement and during the summit inaugural meetings of the NDB were held, and it was announced it would be lending in local currency; and open up membership to non-BRICS countries in the coming months.[4]

Participants

Core BRICS members
Host state and leader are shown in bold text.
MemberRepresented byTitle
BrazilDilma RousseffPresident
RussiaVladimir PutinPresident
IndiaNarendra ModiPrime Minister
ChinaXi JinpingPresident
South AfricaJacob ZumaPresident

BRICS-SCO-EEU summit

The BRICS held a joint summit with the Shanghai Cooperation Organisation and the Eurasian Economic Union in Ufa on 9 July. Invited heads of states or government:

External links

Notes and References

  1. News: Chernyshova . Daria . 14 July 2014 . Russian Delegation in Brazil Learns BRICS Summit Organizational Ins and Outs. . 15 July 2014 .
  2. News: Next BRICS Summit to be held in the Russian city of Ufa . . 10 June 2014.
  3. http://www.migalhas.com.br/arquivos/2015/6/art20150601-02.pdf "The Sino-Brazilian Principles in a Latin American and BRICS Context: The Case for Comparative Public Budgeting Legal Research"
  4. Web site: BRICS bank to start lending in local currency by April: Kamath. 10 July 2015.