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Russia, China, India have evacuated nationals from Yemen.
Russia has convened the UNSC to discuss humanitarian pauses in airstrikes by the Saudi-led coalition forces against Yemen.
The BRICS countries make up about 40% of the world's population and a combined economy of about $16 trillion.
China sent a naval fleet on an escort mission in Gulf of Aden, to help evacuate Chinese nationals from war-torn Yemen.
GDP will be the basic parameter in determining share allocation among member countries in the Bank.
Corruption has jeopardized economic growth and led to a growing divide between the rich and the poor of the countries.
Chinese telecom giant Huawei Technologies became the world's No. 1 applicant for international patents in 2014.
Putin will meet Chinese President Xi, North Korea's Kim Jong Un in May.
The next BRICS Summit will be held in the Russian city of Ufa on July 9-10 this year.
