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10th BRICS Summit held in South Africa: Theme, Highlights
10th BRICS Summit held in South Africa: Theme, Highlights
The 10th BRICS Summit was held from 25 July 2018 -27 July 2018 in Johannesburg, South Africa.
The 10th BRICS Summit witnessed heads of state and government of all five BRICS nations including Brazil, Russia, India, China and South Africa.
The 10th BRICS Summit theme this year was ‘BRICS in Africa: Collaboration for inclusive growth and shared prosperity in the 4th Industrial Revolution'.
The 10th BRICS Summit saw the BRICS leaders come together and discuss various international and regional issues of common concern and adopted the 'Johannesburg Declaration' by consensus.
The 'Johannesburg Declaration' reaffirms principles of democracy, inclusiveness and agrees to fight unilateralism and protectionism.
The BRICS leaders jointly reaffirmed their commitment to the principles of mutual respect, sovereign equality, democracy, inclusiveness and strengthened collaboration.
The BRICS leaders jointly reaffirmed their commitment on areas of Sustainable Development, Climate Change, Energy, Agriculture, Environment, Population, Terrorism, International Peace and Security, Israel-Palestine Crisis, Arms Race in Outer Space, Economy, Trade and Corruption.
About BRICS
The BRICS group was formed initially with four nations –Brazil, Russia, India, and China (BRIC).
The term BRIC was coined by global economist Jim O'Neill in 2001 as an acronym of four countries that were all deemed to be at a similar stage of newly advanced economic development.
The main aim of the BRICS grouping was to establish an equitable, democratic and multipolar world order. The first BRIC Foreign Ministers’ Meeting was held in 2006.
