2nd BRIC summit

2nd BRIC Summit Segunda cúpula do BRIC
Host country	Brazil
Dates	16 April 2010
Cities	Brasília
Participants	BRICS
Follows	1st BRIC summit
Precedes	3rd BRICS summit

The 2010 BRIC summit took place in Brasília, Brazil on April 16, 2010. This was the second BRIC summit after Yekaterinburg in 2009. The meeting took place between the four heads of government from the BRIC states following bilateral meetings in the prior days.

The acronym BRIC (for Brazil, Russia, India, China) was first used in a Goldman Sachs thesis projecting the economic potential of Brazil, Russia, India and China.

Previously, the 1st BRIC summit took place in Yekaterinburg, Russia in 2009 and discussed global issues. This year's summit follows the Washington Nuclear summit hosted by U.S. President Barack Obama which was attended by all four BRIC states.

Between 2003 and 2007, BRIC countries carried 65% of the expansion of global GDP. In 2009, the combined PPP GDP of the BRIC countries was US$16.3 trillion, or 23.4% of global total. From 2003 to 2008, Brazil trade with the other BRIC countries increased by 382%, or US$10.7 billion to US$51.7 billion.

The heads of state and heads of government of the four countries participated.

 Brazil
Luiz Inácio Lula da Silva, President

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