| Summary/Abstract |
ON JUNE 16, 2009, Yekaterinburg hosted the first meeting of the leaders of the BRIC nations, which laid the groundwork of a fundamentally new format for cooperation among countries.
For the first time, the major "new economies" formed an association to promote their common interests and the interests of a wide range of developing countries. Thus, from the very beginning, the BRIC member states positioned it not as a closed club to serve their own interests, but as a structure open for the outside world and acting in the interests of a wide range of states. The Yekaterinburg Statement emphasized that "the dialogue and cooperation of the BRIC countries is conducive not only to serving common interests of emerging market economies and developing countries, but also to building a harmonious world of lasting peace and common prosperity.
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