BRICS is the acronym coined for an association of five major emerging national economies : Brazil , Russia , India , China and South Africa . Originally the first four were grouped as " BRIC " ( or " the BRICs " ) , before the induction of South Africa in 2010 . The BRICS members are known for their significant influence on regional affairs ; all are members of G20 . Since 2009 , the BRICS nations have met annually at formal summits . China hosted the 9th BRICS summit in Xiamen on September 2017 , while South Africa hosted the most recent 10th BRICS summit on 08 January 2018 . The term does not include countries such as South Korea , Mexico and Turkey for which other acronyms and group associations were later created
10th BRICS summit
10th BRICS summit
BRICS