1st BRIC summit
{{Short description|2009 international summit in Yekaterinburg, Russia}}
{{Infobox summit
| summit_name = 1st BRIC Summit
{{lang|ru|I саммит БРИК}}
| other_titles =
| logo = 1st BRIC summit logo.png
| image = 1st BRIC summit Ekaterinburg.jpg
| caption =
| country = {{flagicon | Russia}} Russia
| cities = Yekaterinburg
| dates = 16 June 2009
| participants = {{BRA}}
{{RUS}}
{{IND}}
{{CHN}}
| precedes = 2nd
| website =
| compactnav = yes
}}
The inaugural BRIC summit took place in Yekaterinburg, Russia on June 16, 2009.[http://www.dw-world.de/dw/article/0,,4335954,00.html First BRIC summit concludes] Deutsche Welle. Retrieved on 2009-06-16. [https://web.archive.org/web/20090620004104/http://www.dw-world.de/dw/article/0,,4335954,00.html Archived] 2009-06-19. The four heads of government from the BRIC countries attended.[https://www.reuters.com/article/topNews/idUSTRE55F02F20090616?feedType=RSS&feedName=topNews Developing world leaders show new power at summits] Reuters. Retrieved on 2009-06-16. File:Sevastjanov House.jpg – the main venue of the summit.]]
Overview
The acronym BRIC (for Brazil, Russia, India, China) was first used in a Goldman Sachs thesis projecting that the economic potential of Brazil, Russia, India and China is such that they may become among the five most dominant economies by the year 2050.{{cite web|title=Goldman Sachs: The BRICs Dream: Web Tour |url=http://www2.goldmansachs.com/ideas/brics/index.html |archive-url=https://web.archive.org/web/20090721174121/http://www2.goldmansachs.com/ideas/brics/index.html |archive-date=2009-07-21 |url-status=live |access-date=2009-06-17 }} Today, the four countries produce about 15 percent of the world’s gross domestic product and hold about 40 percent of the gold and hard currency reserves.[https://www.nytimes.com/2009/06/17/world/europe/17bric.html?ref=business Emerging Economies Meet in Russia] The New York Times. Retrieved on 2009-06-16.
Political dialogue between the BRIC countries began in New York in September 2006, with a meeting of the BRIC foreign ministers. Four high-level meetings have followed, including a full-scale meeting in Yekaterinburg, Russia, on May 16, 2008.[http://www.kremlin.ru/eng/articles/bric_1.shtml Cooperation within BRIC] Kremlin.ru. Retrieved on 2009-06-16. [https://web.archive.org/web/20090619032104/http://www.kremlin.ru/eng/articles/bric_1.shtml Archived] 2009-06-19.
Participants
File:1st BRIC summit leaders.jpg of Brazil; President Dmitry Medvedev of Russia; President Hu Jintao of China, and Prime Minister Manmohan Singh of India.]]
The heads of state and heads of government of the four countries participated.
| class="wikitable" |
| colspan="4" style="text-align: center; background:Gainsboro" |Core BRIC members Host state and leader are shown in bold text. |
| style="background:LightSteelBlue; text-align:center;"
! colspan=2 | Member ! Represented by ! Title |
| {{flagicon|BRA}}
| Brazil |
|---|
| {{flagicon|RUS}}
| Russia |
| {{flagicon|IND}}
| India |
| {{flagicon|CHN}}
| China |
Gallery of participating leaders
{{See also|List of BRICS summit attendees}}
File:Lula - foto oficial - 05 jan 2007.jpg|{{flagicon|Brazil}} Brazil
Lula da Silva, President
File:Dmitry Medvedev official large photo -1.jpg|{{flagicon|Russia}} Russia
Dmitry Medvedev, President (Host)
File:Prime Minister Manmohan Singh in WEF ,2009.jpg|{{flagicon|India}} India
Manmohan Singh, Prime Minister
File:Hu Jintao Cannes2011.jpg|{{flagicon|China}} China
Hu Jintao, President
Issues
The leaders discussed the 2008 financial crisis, global development, and further strengthening of the BRIC group.[http://www.kremlin.ru/eng/text/docs/2009/06/217963.shtml Joint Statement of the BRIC Countries’ Leaders] Kremlin.ru. Retrieved on 2009-06-17. [https://web.archive.org/web/20090623085113/http://www.kremlin.ru/eng/text/docs/2009/06/217963.shtml Archived] 2009-06-20.
=World economy=
The BRIC leaders called for increased economic reform, demanding a "greater voice and representation in international financial institutions, and their heads and senior leadership should be appointed through an open, transparent and merit-based selection process."
They urged the international community to push for comprehensive results of the Doha Round.
=Political issues=
Amongst the important issues discussed were United Nations reform. "We reiterate the importance we attach to the status of India and Brazil in international affairs, and understand and support their aspirations to play a greater role in the United Nations."
=Food crisis=
Regarding the 2007–2008 world food price crisis, the leaders issued a joint statement on global food security, calling for "action by all governments and the relevant international agencies"; and reaffirmed "their commitment to contribute to the efforts to overcome the global food crisis".[http://www.kremlin.ru/eng/text/docs/2009/06/217964.shtml BRIC's Joint Statement on Global Food Security] {{Webarchive|url=https://web.archive.org/web/20090622214747/http://www.kremlin.ru/eng/text/docs/2009/06/217964.shtml |date=2009-06-22 }} Kremlin.ru. Retrieved on 2009-06-17.
References
{{wikisource|Joint Statement of the BRIC Countries’ Leaders}}
{{Reflist}}
External links
- [https://web.archive.org/web/20090620231514/http://www.kremlin.ru/eng/events/details/2009/06/16_218005.shtml First BRIC summit] Official website
- [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] Wisconsin International Law Journal, 13 May 2015
{{BRICS}}
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Category:Diplomatic conferences in Russia
Category:21st-century diplomatic conferences
Category:2009 in international relations