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BRIC
(redirected from Brazil, Russia, India and China)

   Also found in: Acronyms, Wikipedia 0.03 sec.
BRIC
An acronym for Brazil, Russia, India and China. The BRIC countries are considered four of the most important developing countries to have graduated to developed nations. They are noted for growing liquidity, stability, infrastructure and other positive features, and have been projected by some to be the four largest economies in the world by 2050.


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Brazil have increased their political and economic ties with China in recent years, culminating in the first summit of the so-called BRIC emerging economies -- Brazil, Russia, India and China -- in June.
currency's role as the world reserve currency, following an agreement among the leaders of Brazil, Russia, India and China that there is a need to diversify the international monetary system, dealers said.
Leaders from emerging giants Brazil, Russia, India and China are set to meet for the first summit of their informal BRIC grouping in a show of unity in the face of a sharp global slowdown.
 
 
 
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