BRICS, A NEW GLOBAL PLAYER IN THE MAKING

BRICS MEANS
25% of the world GDP (measured in PPP of national currencies)

30% of the Earths 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

5,3 3,0 1,9 4,4 3.1

2011

3,9 1,7 1,5 -0,7 0,8

4.3 9,2 7,1 2,7 3,1 5,4

2012

3,5 2,6 -0,3 2,4 1,4

4,0 8,0 6,1 2,5 2,6 4,6

2013

3,9 2,3 0,7 1,5 1,5

3,9 8,5 6,5 4,6 3,3 5,4

4,3 10,4 10,8 7,5 2,9 7,2

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Desire to reform the outdated financial and economic architecture of the world which ignores the growing weight of BRICS/EMDC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

Summits

Meetings of Foreign Ministers Meetings of High Representatives responsible for national security affairs Meetings of Ministers of Finance and Central Bankers

Meetings of Ministers of Health

Meetings of Ministers of Agriculture

Meetings of Heads of Statistical Agencies

BRICS: FORMATS OF INTERACTION

Meetings of Senior Officials on Science, Technology and Innovation
Working Group on cooperation in agriculture Working Group on cooperation on health affairs Meetings of Heads of Competition Authorities Accompanying events: Conference of think tanks Business Forum Forum of Banks of Development Forum of Partner Regions

Delhi Action Plan

1. Meeting of BRICS Foreign Ministers on sidelines of UNGA. 2. Meetings of Finance Ministers and Central Bank Governors on sidelines of G20 meetings/other multilateral (WB/IMF) meetings. 3. Meeting of financial and fiscal authorities on the sidelines of WB/IMF meetings as well as stand-alone meetings, as required. 4. Meetings of BRICS Trade Ministers on the margins of multilateral events, or stand-alone meetings, as required. 5. The Third Meeting of BRICS Ministers of Agriculture, preceded by a preparatory meeting of experts on agro-products and food security issues and the second Meeting of Agriculture Expert Working Group.

Delhi Action Plan (continued)

6. Meeting of BRICS High Representatives responsible for national security.
7. The Second BRICS Senior Officials Meeting on S&T. 8. The First meeting of the BRICS Urbanisation Forum and the second BRICS Friendship Cities and Local Governments Cooperation Forum 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 and Trade 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 of the BRICS Report.

15. Consultations amongst BRICS Permanent Missions in New York, Vienna and Geneva, as required.
16. Consultative meeting of BRICS Senior Officials on the margins of relevant environment and climate related international fora, as necessary.

Delhi Action Plan (continued)

17. New Areas of Cooperation to explore: (i) Multilateral energy cooperation within BRICS framework. (ii) A general academic evaluation and future long-term strategy for BRICS.

(iii) BRICS Youth Policy Dialogue.

(iv) Cooperation in Population related issues.