The BRICS Framework is a global supranational meta-framework non-treaty informal-cooperation framework adopted by the 5 founding emerging-economy states in Yekaterinburg — structurally distinctive globally as the only modern Global-South-emerging-economies non-treaty supranational framework operatin…
BRIC acronym coined 2001 by Jim O'Neill Goldman Sachs Chief Economist in 'Building Better Global Economic BRICs' Global Economics Paper 66 — predecessor framework to BRICS.
First BRIC Summit held 16 June 2009 in Yekaterinburg Russia by Brazil + Russia + India + China — formal foundational BRIC framework operational.
South Africa joined BRICS 23 December 2010 + formally invited 13 April 2011 at 3rd BRICS Summit Sanya China — formal BRIC-to-BRICS expansion framework.
South Africa formal first BRICS Summit participation 14 April 2011 at 3rd BRICS Summit Sanya China — pivotal modern BRIC-to-BRICS expansion framework consolidation + foundation for subsequent 2014 NDB + CRA Treaty framework + structurally distinctive globally first formal Global-South-co-anchor multi-state framework operationalization.
BRICS New Development Bank NDB + BRICS Contingent Reserve Arrangement CRA Treaty signed 15 July 2014 at 6th BRICS Summit Fortaleza Brazil — formal foundational BRICS development-bank + reserve-arrangement frameworks adopted.
BRICS NDB entered force 7 July 2015 + BRICS CRA entered force 30 July 2015 — formal foundational BRICS development-bank + reserve-arrangement frameworks operational.
Russia-Ukraine war from 24 February 2022 + BRICS framework continued without G7-style Russia-isolation framework — pivotal modern test of BRICS Global-South-co-anchor framework durability + foundation for subsequent 2023 BRICS+ expansion framework + structurally distinctive globally only modern supranational framework operating formal continued-cooperation-despite-active-armed-conflict-of-member-state framework + foundation for accelerated BRICS de-dollarisation framework discussions.
BRICS Expansion BRICS+ adopted 24 August 2023 at 15th BRICS Summit Johannesburg South Africa inviting Argentina + Egypt + Ethiopia + Iran + Saudi Arabia + UAE — formal foundational BRICS Expansion framework adopted.
BRICS+ effective 1 January 2024 with Egypt + Ethiopia + Iran + UAE + Argentina-withdrew framework + Saudi Arabia-uncertain framework — formal BRICS Expansion framework operational.
Indonesia joined BRICS 6 January 2025 + BRICS Partner States framework adopted 2025 with Belarus + Bolivia + Cuba + Kazakhstan + Malaysia + Nigeria + Thailand + Uganda + Uzbekistan partner-state framework — formal BRICS expansion + partner-state framework operational.