BRICS Foreign Ministers Meet

External Affairs Minister of India S. Jaishankar attended the BRICS Foreign Ministers meet through video conferencing.
This meeting was convened by Russia to discuss the impact of the coronavirus pandemic.
BRICS nations have set up a "special loan instrument" of $15 billion fund for member nations to revive the economy amid Covid-19 pandemic.
India showcased its pharmaceutical support to around 85 countries to deal with the viral infection. It also highlighted the need for reforms in the multilateral bodies like the United Nations.
BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China, and South Africa.
It comprises 42% of the world's population, has 23% of the global GDP and around 17% of the world trade.