BRICS, A NEW GLOBAL PLAYER
IN THE MAKING
1
BRICS MEANS ……
25% of the world GDP (measured
in PPP of national currencies)
30% of the Earth’s territory
45% of the world population
DYNAMICS OF THE GDP OF ADVANCED
ECONOMIES
AND BRICS COUNTRIES
World output
United States
Euro Area
Japan
Average
Russia
China
India
Brazil
South Africa
Average
2010
2011
2012
2013
4,3
10,4
10,8
7,5
2,9
7,2
4.3
9,2
7,1
2,7
3,1
5,4
4,0
8,0
6,1
2,5
2,6
4,6
3,4
8,0
5,7
3,0
2,8
4,6
5,3
3,0
1,9
4,4
3.1
3,9
1,7
1,5
-0,7
0,8
3,5
2,6
-0,3
2,4
1,4
3,3
1,2
-0,3
1,6
0,8
COMMON INTERESTS OF
BRICS NATIONS
Desire to reform the outdated financial and economic architecture
of the world which ignores the growing weight of BRICS/EMDC
Common commitment to principles and norms of international law,
rejection of policies of armed pressure and infringement upon
sovereignty of other nations
Common challenges and problems related to the needs of
modernization of economy and social life
Mutual complementarity of a wide range of sectors of national
economies
BRICS: FORMATS OF INTERACTION
1.Summits
2.Meetings of Foreign Ministers
3.Meetings of High Representatives responsible for national security
affairs
4.Meetings of Ministers of Finance and Central Bankers
5.Meetings of Trade Ministers
6.Meetings of Ministers of Health
7.Meetings of Ministers of Agriculture
BRICS: FORMATS OF INTERACTION
8.Meetings of Ministers of Science, Technology and
Innovation
9.Meetings of Heads of Statistical Agencies
10.Meetings of Heads of Competition Authorities
11.Meeting of representatives of financial/fiscal authorities
12.Working Group on cooperation in agriculture
13.Working Group on cooperation on health affairs
Accompanying events
14.Business Council
15.Council of think tanks
16.Business Forum
17.Forum of Banks of Development
18.Forum of Partner Regions
19.Forum on Youth Policies
20.Urbanization Forum
Durban Summit
Three steps forward
Step one:
Setting the principal strategic goal of
BRICS development:
We aim at progressively developing BRICS
into a full-fledged mechanism of current
and long-term coordination on a wide
range of key issues of the world economy
and politics.
Durban Summit
Three steps forward
Step two:
Decisions to endorse the idea of creating
BRICS Development Bank
Decision to establish the Contingent Reserve
Arrangement
Durban Summit
Three steps forward
Step three: holding the first outreach event
“Forum of dialogue of leaders BRICS-Africa”
eThekwini Action Plan
New areas of Cooperation
Virtual secretariat
Forum on Public Diplomacy
Cooperation on fighting drug trafficking
Cooperation on fighting corruption
Tourism
Energy
Sports