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{{Use dmy dates|date=September 2020}}
{{Infobox summit
| summit_name = 3rd BRICS Summit {{nobold|{{noitalics|{{lang|zh-hans|金砖国家领导人第三次会晤}}}}}}
| other_titles =
| image = Brics 2011.PNG
| caption = Logo of the 2011 BRICS summit
| country = China
| venues = [[Sheraton Hotels and Resorts|Sheraton]] Sanya Resort<ref name=FT01/>
| cities = [[Sanya]]
| date = 14 April 2011
| participants = [[BRICS]]
| follows = [[2nd BRIC summit]]
| precedes = [[4th BRICS summit]]
| website =
}}

The '''2011 BRICS summit''' ({{zh|c=金砖国家领导人第三次会晤}}) took place in [[Sanya]] on the island of [[Hainan]], [[People's Republic of China|China]], on 14 April 2011. This was the third [[BRICS]] summit since 2009. The meeting took place between the five [[head of state|heads of state]]/[[Head of government|heads of government]] from the BRICS states following bilateral meetings in the prior days.

==Background==
Following a [[2010 BRIC summit|meeting]] in [[Brasilia]] in 2010, to which [[South Africa]] was invited as a guest, the group invited South Africa to join as a full member in 2011 and the group formerly called BRIC officially became BRICS.<ref name="bloomberg"/>

===Theme and Vision===
The Chinese president chaired the BRICS Leaders Meeting in southern China's resort city of Sanya, and gave a speech under the theme of "Broad Vision, Shared Prosperity."<ref>{{cite web|url=http://english.people.com.cn/90001/90776/90883/7356580.html |title=Hu's speeches at BRICS summit, Boao Forum attract wide attention |publisher=The People's Daily, PRC |date=20 April 2011 |access-date=26 April 2011}}</ref> The theme was based under the vision as 'The 21st century should be marked by peace, harmony, cooperation and scientific development.'<ref>{{cite web|url=http://english.people.com.cn/90001/90776/90883/7351063.html |title=Text of Sanya Declaration of the BRICS Leaders Meeting |publisher=The People's Daily, PRC |date=15 April 2011 |access-date=26 April 2011}}</ref>

==Discussions==
[[File:Dmitry Medvedev in China 14 April 2011-6.jpeg|thumb|Picture of the BRICS national leaders at the event.]]
;Economics
On 13 April, prior to the heads of state meeting, economic delegations met for discussions. China was lobbied by the other leaders to import not only commodities but also [[value added]] products and other commodities such as oil, soybeans and iron ore. Indian Trade Minister [[Anand Sharma]] said that China's Commerce Minister [[Chen Deming]] had assured the other leaders that his country would make it a priority to import more value-added products from the other four countries. Russia’s Deputy Economic Development Minister Oleg Fomichev also said that China pledged to set up high-technology projects in cooperation with Russia so as to "not just importing our resources and exporting industrial goods."

Brazil and India also pressed China to buy such goods as Brazilian aircraft and Indian pharmaceuticals; the two countries also complained about the artificially undervalued [[Renminbi|yuan]] that they claimed was undermining their exports. South Africa wanted to process iron ore and other raw materials within the country before exporting them to China.<ref name="bloomberg">Forsythe, Michael, ''et al''., [https://www.bloomberg.com/news/2011-04-13/countries-at-brics-summit-push-china-to-import-more-airliners-medicines.html "BRICS Prod China's Hu to Import Value-Added Goods as Well as Raw Materials"], ''Bloomberg'', 13 April 2011 12:00 PM EDT.</ref> However, at the heads of government summit China's currency valuation was not on the agenda.<ref>Blanchard, Ben ''et al.'', [https://web.archive.org/web/20110415002432/http://af.reuters.com/article/southAfricaNews/idAFL3E7FE13B20110414 "UPDATE 1-BRICS discussed global monetary reform, not yuan"], ''Reuters Africa'', 14 April 2011 9:03am GMT. Retrieved 2011-04-14.</ref>

All five countries also continued their calls for reform of global monetary and financial institutions. They also pledged greater cooperation amongst themselves.<ref name="aljaz"/>

;International law
All five countries also called for an early conclusion to deadlocked talks an anti-terror law under UN auspices that would curtail funding for illegal groups that partake in violence against countries and deny their supporters access to funds, arms, and safe havens. A joint statement read: "We reiterate our strong condemnation of terrorism in all its forms and manifestations and stress that there can be no justification, whatsoever, for any acts of terrorism. In this context, we urge early conclusion of negotiations in the UN General Assembly of the Comprehensive Convention on International Terrorism and its adoption by all member states." The heads of government at the summit said that the UN's role was central in coordinating international action against what they labeled terrorism within the framework of the UN Charter and in accordance with principles and norms of [[international law]].<ref name=tc01>Kashani, Sarwar, [http://twocircles.net/2011apr14/brics_seeks_end_stalemate_uns_antiterror_law.html "BRICS seeks revamp in global monetary system"], [[Indo-Asian News Service|IANS]] via ''twocircles.net'',14 April 2011 1:36pm.</ref>

;United Nations Security Council reform
All BRICS countries called for "comprehensive reform of the UN, including its Security Council." China said it would endorse the aspirations of India, Brazil and South Africa for permanent membership of the UNSC.<ref>Samanta, Pranab Dhal, [http://www.indianexpress.com/news/brics-calls-for-unsc-reforms/776340/ "BRICS calls for UNSC reforms"], ''[[Indian Express]]'', 15 Apr 2011, 00:17 hrs.</ref> Coincidentally, the five countries are all now members of the Security Council, China and Russia as permanent members and the other three non-permanent.<ref name=tc01/>

;Trade medium
The groups announced their decision to cease mutual trade payments in U.S. dollars and instead henceforth give credits to one another in their national currencies alone. The [[International financial institutions|development bank]]s of each state signed an agreement to further gradually alter loan currencies from U.S. dollars. This was intended to strengthen financial cooperation between the BRICS countries, as well as to expand the international significance of their national currencies.<ref>{{cite web|url=http://www.profi-forex.us/news/entry4000001367.html|title=Countries of BRICS refuse dollars|date=27 April 2011|publisher= Forex.us|access-date=27 April 2011}}</ref>

;Libyan civil war
The leaders of BRICS states expressed misgivings about [[NATO]] air strikes during the [[2011 Libyan civil war]] and urged an end to the two-month conflict in [[Libya]].<ref>Dziadosz, Alexander, [https://vancouversun.com/news/Gadhafi+forces+Libya+Misrata+amid+diplomatic+disputes/4614168/story.html "Gadhafi's forces in Libya hit Misrata amid diplomatic disputes"], ''Reuters'' via ''Vancouver Sun'', 14 April 2011.</ref>

==Participants==
The [[head of state|heads of state]]/[[heads of government]] of the five countries participated.
{| class="wikitable"
|-
|colspan="4" style="text-align: center; background:Gainsboro" |'''[[BRICS|Core BRICS members]]''' Host state and leader are shown in bold text.
|- style="background:LightSteelBlue; text-align:center;"
! colspan=2 | Member

! Represented by
! Title
|-
! {{flagicon|BRA}}
| Brazil
| [[Dilma Rousseff]]
| [[President of Brazil|President]]
|-
! {{flagicon|RUS}}
| Russia
| [[Dmitry Medvedev]]
| [[President of Russia|President]]
|-
! {{flagicon|IND}}
| India
| [[Manmohan Singh]]
| [[Prime Minister of India|Prime Minister]]
|-
! {{flagicon|CHN}}
| '''China'''
| '''[[Hu Jintao]]'''
| '''[[President of the People's Republic of China|President]]'''
|-
! {{flagicon|RSA}}
| South Africa
| [[Jacob Zuma]]
| [[President of South Africa|President]]
|}

==Gallery of participating leaders==
<gallery widths="119px">
File:Dilma Rousseff - foto oficial 2011-01-09.jpg |'''{{flagicon|Brazil}} [[Dilma Rousseff]]''' [[President of Brazil|President]]
File:Dmitry Medvedev official large photo -1.jpg |'''{{flagicon|Russia}} [[Dmitry Medvedev]]''' [[President of Russia|President]]
File:Prime Minister Manmohan Singh in WEF ,2009.jpg|'''{{flagicon|India}} [[Manmohan Singh]]''' [[Prime Minister of India|Prime Minister]]
File:Hu Jintao Cannes2011.jpg |'''{{flagicon|China}} [[Hu Jintao]]''' '''[[President of the People's Republic of China|President]] (Host)'''
File:Jacob G. Zuma - World Economic Forum Annual Meeting Davos 2010.jpg|'''{{flagicon|South Africa}} [[Jacob Zuma]]''' [[President of South Africa|President]]
</gallery>

==Reactions==
''[[Al Jazeera]]'' read the meeting as that of giving "this ad-hoc group an opportunity to test its collective strength ahead of an all-important G-20 meeting in France in November and to bring the concerns of developing nations (''[[sic]]'') to the top of the global agenda."<ref name="aljaz">Pedrosa, Veronica, [http://english.aljazeera.net/news/asia-pacific/2011/04/2011414171257628457.html "BRICS nations talk economic reform"], ''AlJazeera'', 14 April 2011 17:54.</ref>

[[Jim O'Neill (economist)|Jim O’Neill]], the chairman of [[Goldman Sachs]] Asset Management International and the person who coined the term [[BRIC]], said that the countries "don’t have the same interests. The wealth per head is very different, the politics is very different, and the philosophy and their natural economic edge is different."<ref name="bloomberg"/>

A commentator at the ''[[Financial Times]]'' website lamented the low level of access granted to his and other [[mainstream]] [[Western world|Western]] [[Mass media|media]] outlets but nonetheless found it hopeful that the organisation's meetings provided, for instance, for regular Sino-Indian interaction when their [[China-India relations|bilateral relationship]] could carry considerable tension. He also saw hope amongst "the anodyne talk of cooperation and friendship...[in the] predictable but significant statement" in the Sanya declaration in favour of "comprehensive [[Reform of the United Nations Security Council|reform of the UN]], including its Security Council."<ref name=FT01>Anderlini, Jamil, [http://blogs.ft.com/beyond-brics/2011/04/14/brics-in-hainan-give-peace-a-chance/ "Brics in Hainan: give peace a chance"], ''[[Financial Times|ft.com]]'' "beyondbrics" blog, 14 April 2011 9:02 am. Retrieved 2011-04-14.</ref>

==See also==
*[[Foreign relations of Brazil]]
*[[Foreign relations of Russia]]
*[[Foreign relations of India]]
*[[Foreign relations of the People's Republic of China|Foreign relations of China]]
*[[Foreign relations of South Africa]]
*[http://www.migalhas.com.br/arquivos/2015/6/art20150601-02.pdf The Sino-Brazilian Principles in a Latin American and BRICS Context: The Case for Comparative Public Budgeting Legal Research] ''[[Wisconsin International Law Journal]]'', 13 May 2015

==References==
{{commons category|2011 BRICS summit}}
{{Reflist}}

{{BRICS}}

{{DEFAULTSORT:BRICS summit, 03}}
[[Category:BRICS summits|03]]
[[Category:Diplomatic conferences in China]]
[[Category:21st-century diplomatic conferences]]
[[Category:2011 in China]]
[[Category:2011 in international relations]]
[[Category:2011 conferences]]
[[Category:Manmohan Singh administration]]
[[Category:Sanya]]
[[Category:April 2011 events in Asia]]
[[Category:April 2011 events in China]]

3rd BRICS summit - Revision history

>GreenC bot at 04:26, 5 July 2021