BRICS Informal Meetings

2015 Antalya meeting: Documents

BRICS informal meetings Index

2015 Informal Meeting: November 15, Antalya, Turkey

The BRICS 2015 Informal Meeting, which took place on November 15, was held on the sidelines of the G20 Summit in the picturesque city of Antalya, Turkey. BRICS is an acronym referring to an association of five major emerging economies: Brazil, Russia, India, China, and South Africa. This group of countries represents a significant power bloc in the world economy, known for their influence on regional and global affairs.

The informal nature of this meeting implies that it was a strategic opportunity for the BRICS leaders to discuss issues of common interest and concern outside the formalities of the BRICS summit that happens annually. The 2015 meeting allowed for a more candid exchange of views and alignment of strategies on the pressing issues facing their nations and the global community.

The agenda of the meeting likely covered various topics, including economic cooperation, the need for reform of international financial institutions, sustainable development, and the challenges of the global economy at the time. The BRICS nations have historically sought to push for a more representative world economic order, proposing reforms that would allow for increased influence for emerging and developing countries.

Antalya, as a venue, provided a tranquil and conducive atmosphere for these discussions. The city, known for its stunning Mediterranean coastline and historical richness, has hosted numerous international gatherings and is well-equipped to accommodate the logistical needs of such high-profile meetings.

The 2015 informal BRICS get-together was particularly significant as it followed the BRICS summit that took place earlier that year in Ufa, Russia, where the member countries had agreed to enhance their strategic partnership through the BRICS Action Plan.

Moreover, during this period, the global economic landscape was shaped by various challenges, such as the aftermath of the financial crisis, the slowdown in China’s economy, and falling commodity prices, which heavily affected export-dependent countries. These external pressures further underscored the importance for BRICS countries to diversify their economic partnerships and build resilience.

It also coincided with the year when the BRICS New Development Bank (NDB), also known as the BRICS Bank, started its operations. The NDB represents a significant step by the BRICS nations to foster development financing and to provide an alternative to traditional financial institutions like the IMF and World Bank.

In conclusion, the BRICS 2015 Informal Meeting in Antalya, Turkey, was a platform for the member countries to fortify their cooperation, deliberate on multifaceted international issues, and seek collective growth and stability amidst a fluctuating global economic environment. The outcomes of these discussions were crucial in shaping the strategic direction of BRICS and in amplifying the member countries’ voices on the international stage.

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