July 13, 2015

"The 7th BRICS (Brazil, Russia, India, China, and South Africa) summit was held in the Russian city of Ufa on July 8-9. This is the first time the group has come back to Russia after the country hosted the group's first summit in 2009. Yet compared with the meeting in Yekaterinburg six years ago, the international background of the event has greatly changed, and those changes have prompted a closer partnership among the BRICS countries.

When Russia hosted the first BRIC Leaders' Summit, it was a member of the Group of Eight (G8), and believed that it could play a role linking the G7 and the BRICS countries. However, the nation today is dealing with Western sanctions due to the Ukraine crisis, and has been kicked out of the G8 group."

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