Backgrounder: BRIC quartet of emerging powers (2)

The BRIC nations have opened up more opportunities for dialogue and cooperation. Particularly, since the onset of the global financial crisis, the four nations have strengthened coordinated efforts in addressing the economic slowdown.

At the first BRIC summit in Russia in June 2009, the leaders of the BRIC nations discussed issues ranging from reform of international financial institutions, food safety, energy security, climate change to development aide.
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