BRICS MEANS ……25% of the world GDP (measuredin PPP of national currencies)30% of the Earth’s territory45% of the world population
DYNAMICS OF THE GDP OF ADVANCED ECONOMIES AND BRICS COUNTRIES 2010 2011 2012 2013World output 5,3 3,9 3,5 3,9United States 3,0 1,7 2,6 2,3Euro Area 1,9 1,5 -0,3 0,7Japan 4,4 -0,7 2,4 1,5Average 3.1 0,8 1,4 1,5Russia 4,3 4.3 4,0 3,9China 10,4 9,2 8,0 8,5India 10,8 7,1 6,1 6,5Brazil 7,5 2,7 2,5 4,6South Africa 2,9 3,1 2,6 3,3Average 7,2 5,4 4,6 5,4
COMMON INTERESTS OF BRICS NATIONSDesire to reform the outdated financial and economic architectureof the world which ignores the growing weight of BRICS/EMDCCommon commitment to principles and norms of international law,rejection of policies of armed pressure and infringement uponsovereignty of other nationsCommon challenges and problems related to the needs ofmodernization of economy and social lifeMutual complementarity of a wide range of sectors of nationaleconomies
BRICS: FORMATS OF INTERACTIONSummitsMeetings of Foreign MinistersMeetings of High Representatives responsible for national securityaffairsMeetings of Ministers of Finance and Central BankersMeetings of Ministers of HealthMeetings of Ministers of AgricultureMeetings of Heads of Statistical Agencies
BRICS: FORMATS OF INTERACTIONMeetings of Senior Officials on Science, Technology and InnovationWorking Group on cooperation in agricultureWorking Group on cooperation on health affairsMeetings of Heads of Competition Authorities Accompanying events:Conference of think tanksBusiness ForumForum of Banks of DevelopmentForum of Partner Regions
Delhi Action Plan1. Meeting of BRICS Foreign Ministers on sidelines of UNGA.2. Meetings of Finance Ministers and Central Bank Governors onsidelines of G20 meetings/other multilateral (WB/IMF) meetings.3. Meeting of financial and fiscal authorities on the sidelines ofWB/IMF meetings as well as stand-alone meetings, as required.4. Meetings of BRICS Trade Ministers on the margins of multilateralevents, or stand-alone meetings, as required.5. The Third Meeting of BRICS Ministers of Agriculture, preceded bya preparatory meeting of experts on agro-products and foodsecurity issues and the second Meeting of Agriculture ExpertWorking Group.
Delhi Action Plan (continued)6. Meeting of BRICS High Representatives responsible for nationalsecurity.7. The Second BRICS Senior Officials’ Meeting on S&T.8. The First meeting of the BRICS Urbanisation Forum and thesecond BRICS Friendship Cities and Local Governments CooperationForum in 2012 in India.9. The Second Meeting of BRICS Health Ministers.10. Mid-term meeting of Sous-Sherpas and Sherpas.
Delhi Action Plan (continued)11. Mid-term meeting of CGETI (Contact Group on Economic andTrade Issues).12. The Third Meeting of BRICS Competition Authorities in 2013.13. Meeting of experts on a new Development Bank.14. Meeting of financial authorities to follow up on the findings ofthe BRICS Report.15. Consultations amongst BRICS Permanent Missions inNew York, Vienna and Geneva, as required.16. Consultative meeting of BRICS Senior Officials on the margins ofrelevant environment and climate related international fora, asnecessary.
Delhi Action Plan (continued)17. New Areas of Cooperation to explore:(i) Multilateral energy cooperation within BRICSframework.(ii) A general academic evaluation and future long-termstrategy for BRICS.(iii) BRICS Youth Policy Dialogue.(iv) Cooperation in Population related issues.