Get Brics Summit 2020 Host Country Pictures. Pm modi is scheduled to address the summit at 4:30pm. Earlier the plan was to host the summit in chelyabinsk.

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Bric is an acronym used to represent four countries that have similar economic development. Bric countries is an investing concept for the four large emerging markets and developing countries of brazil, russia, india and china. It is believed that by the year 2050, the bric nations could become some of the most dominant economies in the world.

Discussions focus on spheres of political and socioeconomic coordination, in which member countries have identified business opportunities, economic complementarities and areas of cooperation.

Brics russia 2020 logo (twitter.com/bricsrussia 2020). Bric is an acronym used to represent four countries that have similar economic development. The aggregate population of brics countries. Pushed by china and india, the total brics gdp amounted to 25% of global gdp (us$21 trillion) and brics share in international trade stood at almost 20% (us$6.7 trillion) in 2020.