India is hosting a meeting of foreign ministers from BRICS nations on May 14-15 in a precursor to the 18th BRICS summit, which New Delhi will host in September. The meeting, which starts on Thursday morning, coincides with United States President Donald Trump’s three-day visit to Beijing for a state visit with Chinese leader Xi Jinping. Here is more about the foreign ministers’ meeting, who is attending and why it matters. What is BRICS? BRICS is a grouping of major emerging economies seeking to coordinate security and economic policy in order to amplify the demands of the Global South at international organisations and on issues where the West has traditionally dominated economically and politically. The acronym stands for Brazil, Russia, India, China and South Africa. The organisation was called BRIC in its initial form – Brazil, Russia, India and China – when its foreign ministers began meeting in 2006, and when it held its first summit in 2009. It became BRICS when South Africa joined in 2010.…