What does BRIC mean?

The traditional BRIC countries refer to the English initials of Brazil, Russian, Indian and China. Because this word is very similar to the English word Brick, it is called "BRIC". After South Africa joins, its English word will become "BRICS" and be renamed "BRICS". 20 1 1 In April, the third meeting of BRICS leaders was held in Sanya, China. The leaders of the five countries discussed how to coordinate and handle major international issues, how to deepen and expand cooperation, and how to strengthen the BRICS cooperation mechanism. 20 12 In March, the fourth meeting of BRICS leaders was held in New Delhi, pointing out that the IMF urgently needed to implement quota reform.