11th BRICS summit held in?
VerifiedAnswer: 2019
Explanation:
The 11th BRICS Summit was held in 2019, marking an important milestone in the international cooperation between the five major emerging economies. BRICS is an acronym that stands for Brazil, Russia, India, China, and South Africa - these nations represent some of the world's fastest-growing major economies and play a significant role in global affairs.
The 2019 summit took place in Brasília, the capital city of Brazil, from November 13-14, 2019. Brazil held the rotating presidency of BRICS for that year, which gave them the responsibility to host and organize this crucial international gathering. The summit was chaired by Brazilian President Jair Bolsonaro, and it brought together the leaders of all five member nations to discuss various global issues and strengthen their partnership.
During this summit, the leaders focused on several key themes and initiatives. The main topics of discussion included economic cooperation, trade partnerships, technological innovation, and sustainable development. The member countries emphasized the importance of multilateralism and worked together to address common challenges such as climate change, poverty reduction, and digital transformation in their respective economies.
One of the significant outcomes of the 11th BRICS Summit was the continued strengthening of economic ties between member nations. The leaders discussed ways to increase trade volumes, promote investment flows, and enhance cooperation in various sectors including energy, agriculture, and manufacturing. They also explored opportunities for greater collaboration in emerging technologies such as artificial intelligence, blockchain, and renewable energy solutions.
The summit also addressed global governance issues and the need for reform in international institutions. The BRICS nations collectively represent about 40% of the world's population and contribute significantly to global GDP, making their voice increasingly important in international affairs. The 2019 gathering reinforced their commitment to working together as emerging economies to promote fair and inclusive global development.
Understanding the timeline of BRICS summits is important for students studying international relations and global economics. These annual gatherings have become increasingly significant as they provide a platform for emerging economies to coordinate their policies and present alternative approaches to global challenges. The 11th summit in 2019 continued this tradition of fostering South-South cooperation and promoting sustainable development across the member nations.
