Correct Answer : Russia
Russian President Vladimir Putin is hosting the annual BRICS summit, which started on Tuesday (22nd Oct 2024), in Russia’s southwestern city Kazan.
The three-day conclave will be the largest gathering of world leaders in Russia in decades and will be held at a time when the Kremlin is locked in a war with Western-backed Ukraine.
What is BRICS?
BRICS stands for Brazil, Russia, India, China and South Africa.
The group started in 2006, and Brazil, Russia, India and China convened for the first BRIC summit in 2009. South Africa joined a year later.
The aim of the alliance is to challenge the economic and political monopoly of the West. The group sets priorities and has discussions once every year during the BRICS summit, which members take turns hosting. The summit is the 16th held.
In 2023, BRICS extended invitations to include Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates after these countries applied for membership. Saudi Arabia has yet to formally join, but the others have.
An invitation was extended to Argentina at the same time, but the South American country turned it down after President Javier Milei, elected in December, campaigned on the promise that he would bolster ties with the West..
Source : Aljazeera
