About BRICS Parliamentary Forum:
- It is a vital platform for dialogue among Parliaments of BRICS member countries.
- The expanded BRICS parliamentary forum now includes India, Brazil, Russia, China, South Africa, Iran, the UAE, Egypt, Ethiopia, and Indonesia.
- The 1st BRICS Parliamentary Forum was held during Russia’s Chairship on 8 June 2015 in Moscow.
- India hosted the BRICS Parliamentary Forum in October 2016 on the sidelines of the 135th Assembly of the Inter-Parliamentary Union in Geneva, Switzerland.
- Chairmanship: This forum’s Chairmanship rotates among its members
- India was officially handed over the chairmanship of the 12th BRICS Parliamentary Forum, scheduled to be held in 2026.
Key facts about BRICS
- BRICS is an acronym for Brazil, Russia, India, China, and South Africa, a bloc of countries that formed a partnership following the creation of the term in 2001 by Goldman Sachs economist Jim O'Neill (but it didn't include South Africa at the time).
- South Africa joined in 2010, making it "BRICS".
- The group was designed to bring together the world's most important developing countries to challenge the political and economic power of the wealthier nations of North America and Western Europe.
- BRICS Grouping New Members: Saudi Arabia, Iran, Ethiopia, the United Arab Emirates, and Egypt joined BRICS in 2024. Indonesia joined the bloc as a full member on January 6, 2025.
