8th BRICS Summit to be held in Goa in Oct

India will host the eighth annual Summit of BRICS from October 15-16 in Goa in its capacity as chair of the influential bloc, comprising five countries with 42 per cent of the world population and combined GDP of over $16 trillion.

External Affairs Minister Sushma Swaraj announced this on Tuesday during a function, where she also unveiled a logo and a website of the Summit.

India assumed chairmanship of BRICS (Brazil-Russia-India-China-South Africa) from Russia on February 15 and it will last till December 31.

“I congratulate the Russian Federation for steering the BRICS process commendably that culminated with the 7th BRICS Summit in the beautiful city of Ufa in July 2015. I am happy to share that the 8th BRICS Summit will be hosted in Goa from October 15-16,” Swaraj said.

She said India’s core-theme during the BRICS chairmanship will be building responsive, inclusive and collective solutions for the grouping.

The logo for the Summit is a lotus having colours from all the five member countries and a traditional ‘namaste’ in the centre. “We will adopt a five-pronged approach during our chairmanship. It will comprise Institution Building, Implementation, Integration, Innovation, and Continuity with Consolidation (IIIIC or I4C)," she said.