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...Brics is, therefore, perceived to be a rhetoric that, like the Non-Aligned Movement, will fade in the near future. To the contrary, since it began to meet annually in 2009, Brics has made significant strides in cementing its permanency. Unlike other historical multilateral forums of the South, such as the Non-Aligned Movement or even Ibsa (India, Brazil, South Africa), Brics has entered an institutionalization era. Without commitment towards institutions, multilateral forums have a very slim chance of success. The establishment of the Brics Think Tanks Council (BTTC) in 2013 was one such important milestone in the institutionalization agenda. Academics from the five Brics nations are able to engage in important conversations annually for the advancement of the Brics agenda and make recommendations to the Brics heads of state. ...Live Mint on Oct. 25, 2016, 11:37 p.m.