BRICS Business Council

BRICS BUSINESS COUNCIL MEETING, NEW DELHI

We have been engaging continuously on novel ideas and practical suggestions that would go far in promoting our economic engagement. The specific suggestions brought to the table by Business Council members and various Working Groups are now part of our Annual Report. The document carries forward the work of previous years. There has been significant progress in some areas while many new proposals have been added for further discussions.

In the coming years, we must leverage our connect with the New Development Bank to take forward some of the key proposals including the setting up of Clean Energy Fund

31st August 2021

BRICS Business Forum 2021
16th - 18th August 2021

BRICS BUSINESS FORUM
BRICS TRADE FAIR

BRICS BUSINESS COUNCIL

The BRICS Business Council was established during the Fifth BRICS Summit held on 26th - 27th March 2013 in Durban, South Africa. The objective of creating the council was to constitute a platform which will:

Promote and strengthen business, trade and investment ties amongst the business communities of the five BRICS countries;
Ensure that there is regular dialogue between the business communities of the BRICS nations and the Governments of the BRICS countries; and
Identify problems and bottlenecks to ensure greater economic, trade and investment ties amongst the BRICS countries and recommend solutions accordingly.

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BRICS Business Council Working Groups

Nine working groups in the areas of Infrastructure, Manufacturing, Financial Services, Energy & Green Economy, Skills Development, Agribusiness, Deregulation, Regional Aviation and Digital Economy have been formed under the aegis of the BRICS Business Council.

The main objectives of these Working Groups are to facilitate interaction amongst businesses with a view to better understand the market opportunities and build synergies based on their respective competitive strengths and to promote industrial development and job creation.

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