• BRICS BUSINESS COUNCIL MEETING, NEW DELHI

    quote  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. quote

    quote  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 quote


    31st August 2021

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

Seven working groups in the areas of Infrastructure, Manufacturing, Financial Services, Energy & Green Economy, Skills Development, Agribusiness and Deregulation 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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