The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Friday, April 8, 2016
Setting up Mechanisms for BRICS Bank Priority for India
Among India’s priorities during its presidency of BRICS will be to establish mechanisms for cooperation and financing of projects by the BRICS Development Bank, said Onkar Singh Kanwar, Chair of the BRICS Business Council’s Indian Section
The Federation of Indian Chambers of Commerce and Industry (FICCI) and Export-Import Bank, in collaboration with the affiliated chambers of commerce and trade bodies, are organising a capacity building programme in the city for promoting trade and investments in BRICS countries