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The leaders of Brazil, Russia, India and China meeting on Hainan Iceland, together with potential new Member, South Africa.
The term BRIC 2001 economist Jim O'Neill was coined by Goldman Sachs to group the four fast-growing economies.
In the last few months has their economic power from their growing political influence associated with was.
The four are part of the G20 Summit, a grouping of the world's major economies.
Had a rest quickly by the global financial crisis 2008, prove they were not as vulnerable to a downturn in the United States and Europe the BRIC countries.
With the developed world not looking to businesses to contact these countries to each other, and smaller emerging markets.
Brazil's commodities has traditionally exported minerals in the United States and Europe, but Chinese demand is the equation for Brazil's agriculture change.
The soy industry has shown particularly rapid growth to be meet the demand of the Chinese population.
This week approved start some Brazilian pork producers to export to the country for the first time China.
"You can see the shift instead of the reorientation of Brazilian agriculture towards China,", said Benjamin Selwyn of the Department of international relations and development studies at the University of Sussex.
China is also hungry for Brazil's other commodities, such as such as iron ore for the production of steel used in their great building boom.
Last year China the United States was Brazil's largest trading partner with more than $56bn in the trade.
In addition, were Brazil has also a market in China for some of his were found.
This week Brazilian President Dilma Rouseff a business in China signed for Embraer, the third largest manufacturer of commercial aircraft of the world travel market to sell aircraft redeem China Airlines, on the Mainland of rapidly expanding air.
Oil in Siberia has helped to make Russia of the world's largest manufacturers of raw materialsWhile China may be the world's largest consumers, Russia is the world's largest manufacturer of many raw materials.
Russia has always been - and is - a large natural resource exporter. However, where there to exports has changed dramatically in the last 10 years.
Trade with Asia increased at the expense of the business with the United States and former Soviet Union countries.
Developing Asia's economic growth and the push within Russia trade relations outside its traditional partners in Europe, have now China of Russia's largest trading partner, followed by Germany made.
"China is Russia's economic future," said Roland Nash, Verno investment research in Moscow.
"Both require each other to economic growth." "China sets the price for many of the world's natural resources through demand and Russia supply."
India is a world leader as a supplier of services, virtually inventing the outsourcing industry.
Unlike Brazil and Russia, who built their economies for the raw materials exports, India has developed its people.
Together with services, the medical care industry has taken huge strides.
But it has no mass producers, such as the other BRIC countries, and therefore much of his were imported from China.
This means that although China is now biggest trading partner of India, India a large trade deficit with the country.
"There is an asymmetry in their relationship," said Taimur Baig, of Deutsche Bank.
The most important story you read nextChina has been very pragmatic in far-reaching out down the line, to Africa and Latin America. "End quote Taimur Baig Deutsche Bank, Singapore / China invented to itself and is now a mass manufacturer of high-tech products, including semiconductors and solar panels."
It is also a manufacturer of low-cost, high-value industries such as clothing and textiles.
"Its about maintaining competitiveness in the global economy," said Damian Tobin, of the school of Oriental and African Studies at the University of London.
"Low-cost production is driven by the labour component, intensively, begins to rise and then a lot of companies for the next cheapest alternatives will look like Viet Nam," he added.
Maintain the growth in the manufacturing sector, China has enabled more high-tech products increasingly in the direction.
Last year, China has successfully won orders for high speed rail around the world, after it has been a world leader in the industry and now is home to the world's fastest train.
Just in this week, Brazil said Chinese companies to bid for a planned high-speed railway line would allow.
The four BRIC States are in their hunger for raw material feed their rapid growth together.
China is the leader in the search for resources around the globe but has was followed by Brazil, Russia and India
"China very pragmatic in down the line, to Africa and Latin America, deliveries of raw materials and at the same time the creation of markets for its own exports, secure to reach," said Taimur Baig, Chief Economist at Deutsche Bank in Singapore.
But it all wrong.
Brazil and India flooding concerns about China have their markets with cheap goods, sparking a debate on the value of the Yuan said.
Most analysts agree that these provide an acronym four countries does not mean that they will act as one on the global stage.
"I would not expect the Brazilians or the Chinese to say BRIC means a new configuration of the world." "It is a long process see what gains can be made from cooperation with the G20 and other countries", said Mr Selwyn.
Although the BRIC countries dependent on developed economies are in decline, they have to work on an international stage with the major industrialized nations.
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