Prime Minister Narendra Modi will be attending the 6th BRICS summit from 13th-14th November in Brasilia city in Brazil.
This will be the Prime Minister’s 6th BRICS summit that he will attending ever since he assumed office in May 2014. His first BRICS conference was in 2014 in Fontaleza, Brazil.
Announcing his schedule, TS Tirumurthi, Secretary (Economic Relations), Ministry of External Affairs said that there will be a business delegation accompanying the PM. There will be a BRICS Business forum meet on the 13th of November.
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The PM’s schedule will be the following:
13th November
1. He will be landing early morning.
2. The entire day will be spent attending bilateral meetings.
3. In the evening, he will attend the closing ceremony of the BRICS Business forum.
4. Post that he will attend the welcome ceremony and dinner being hosted by the Brazilian President, Jair Bolsonaro.
14th December
1. A restricted session of the leaders of BRICS shall be held. The subject of National sovereignty in the present world circumstances shall be discussed.
2. This will be followed by a plenary session where Intra-BRICS Economic coordination will be the main topic of discussion.
3. The Chairman of the Brazil Business council will then submit a report followed by the Chairman of the New Development Bank.
4. Finally, a Memorandum of Understanding on Trade and Investment will be signed.
The BRICS gathering consisting of Brazil (B), Russia (R), India (I), China (C) and South Africa (S) represents about 42% of the world population, 23% of the global GDP and 17% of the global trade.
They are also considered to be emerging economies. The term BRICS was coined by an economist at Goldman Sachs in early 2000, though it metamorphized into a group only in 2009.
It has various working committees related to Counter terrorism, digital economy amongst others.