2. CONTENT
›BRICS
›Areas of focus
› Objectives
› From BRIC to BRICS
› BRICS summit
› BRICS summit 2016 in India
› Five approach for the BRICS summit
› The agenda of 8th BRICS summit
› conclusion
3. BRICS:-
›BRICS stand for Brazil , Russia ,China , South Africa .
›BRICS came into existence in the year 2001 as BRIC
nations.
›BRICS is international political organization of leading
emerging economies .
5. OBJECTIVES
› To achieve regional development
› To remove trade barriers
› Economic development
› Optimum use of resources
› Building relationship
6. FROM BRIC TO BRICS
First BRICS known as BRIC before 2010 . South
Africa has been formally asked to join the BRIC
group of major emerging markets . Officially
admitted as a BRIC nation on December 24, 2010 .
Then BRIC known as BRICS . South Africa stands at a
unique position to influence Africa economic
growth and investment .
7. BRICS SUMMIT
› 1st BRIC summit – 16 June 2009 in Russia (Yekateringburg)
› 2nd BRIC summit – 16 April 2010 in Brazil ( Brasilia )
› 3rd BRICS summit – 14 April 2011 in China ( Sanya )
› 4th BRICS summit – 29 March 2012 in India( New Delhi )
› 5th BRICS summit –26 - 27 March 2013 in South Africa
(Durban)
› 6th BRICS summit – 14 – 16 July 2014 in Brazil ( Fortaleza )
› 7th BRICS summit – 8 – 9 July 2015 in Russia ( Ufa )
›8th BRICS summit – 15 – 16 October 2016 in Goa
(Benaulim)
8. BRICS SUMMIT 2016 IN INDIA
India will host the 8th BRICS summit
during its chairmanship which is
schedule to take place on 15-16 October
2016 in Goa. The theme of India’s BRICS
chairmanship is building responsive,
inclusive and collective solutions.
9. India has adopted a five approach for the summit which is called
‘ IIIIC ’ or ‘ I4C ‘.
› Institution building to further depend, sustain
and institutionalize BRICS cooperation.
›Implementationof the decisions from previous
summits.
› Integrating the existing cooperation mechanisms.
›Innovation i.e. new cooperation mechanism.
› continuity i.e. continuation of mutually agreed exiting
BRICS cooperation mechanisms.
10. THE AGENDA OF 8th BRICS SUMMIT
›The further strengthening of new Development Bank is
a top priority of the 8th BRICS summit.
› Terrorism will also be a main agenda of this BRICS
summit, because it has become a major global concern.
And also due to the recent happenings this might be the
hot topic in the summit.
› Finally, discussions on healthcare, sustainable growth ,
climate change and a shift to cleaner , greener energy
have always featured at this summits.
11. CONCLUSION
›The BRICS have come together in a political
grouping in a way that has far exceeded most
expectation .
›BRICS nations have the potential and the
resources to form a powerful economy with greater
opportunity than any other nation .