NEW CENTRES OF POWER

BRICS AN EMERGING FORUM DREAMING WITH BRICS (THE PATH TO 2050) BRICS BRIC + S Objectives of BRICS Summits of BRICS Cont...... Cont...... 9th Summit of BRICS: 2017 • The 9th BRICS summit was held in Xiamen, . The theme of the summits was ‘STRONGER PARTNERSHIP FOR BRIGHTER FUTURE’. Four documents were signed in the presence of BRICS leaders:- • Strategic Framework of BRICS Customs and Coopertion • BRICS Action Plan for Innovation and Coopertion (2017-2020) • BRICS Action Agenda on Economic and Trade Coopertion • MoU between BRICS Business Council and on Strategic Cooperation. 10th Summit of BRICS:2018

• The 10th Summit was held in Johannesburg, . The Motto : Collaboration for Inclusive Growth and Shared Prosperity carried its vision in the form of Partnership on New Industrial Revolution (PartNIR); It is a programme of partnership among BRICS nations that will focus on Maximizing the opportunies Dreaming with BRICS Cont...... China South Africa BRICS- BANK Cont...... SWOT ANALYSIS Cont...... A Comparison: BRICS & G-7 BRICS: GDP/POPULATION Highlights of BRICS:2019 • Here are some recommendations proposed and discussed during the BRICS-2019, hosted by Brazil: 1. Cooperation on modern biotechnology and harmonization of regulatory rules. 2. Establish a network of innovation hubs to share experiences and to strengthen the BRICS Partnership on New Industrial Revolution. 3. Establish Mutual Recognition Agreements on Authorisesd Economics Operator Programmes 4. Promote connectivity in remote areas for digital inclusinveness and initiatives on digital education and literacy. 5. Promote energy integration among BRICS and bordering countries via the New DevelopmentBank. 6. Improve public private partnership in infrastructure projects implementation and investments 7. Increase logistics connectivity between the BRICS countries and with their regions to foster trade and developments 8. Introduce a BRICS countries’ Inventory of International Best Practices in Aviation Products and Services 9. Adopt a common curricula basis for future skills development, and waste management Chalte....Chalte....

Given the global economic outlook facing a grave challenge amongst growing protectionism and rising trade tensions manifested in unilateral measures m backed by a WTO 2019 report of downgraded global growth to 2.6% for 2019 from 3% the previous year; yet the BRICS nations continue to offer economic opportunities...... BRICS: FIVE PANDAVAS THANK YOU

Manita Bishnoi PGT Political Science 9414455129