1) Since 2009, the Brics nations have met annually at formal summits 2) China hosted the 9th Brics summit in Xiamen in September 2017, while South Africa hosted the 10th Brics summit in January 2018 and the most recent 11th Brics summit was held during November 13-14 in Brazil. 3) Specific state decisions made by the government affect certain sectors that include the general public, revenue and companies operating and selling their products in Andhra. 4) The Brics nations represent almost 44% of the world population, collectively represent almost 26% geographical areas and are home to over 2.88 billion people. 5) Brics member countries collectively represent about 32% of the world’s GDP.