some information about brics

1. Presented By :-
Khushbu Bhalodiya(03)
Presented To :-
Meera Ma’am
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2. • Brazil Russia India China
South Africa
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3. BRICS Jim O'Neill chairman of
Goldman Sachs report 2003.
International political organization of leading
emerging economies.
BRIC:- starting in 2006 , headquarter Shanghai, China.
1st
summit :- 16th
June, 2009 @ Russia.
The BRICS Forum was formed in 2011
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4. PRESIDENT OF BRICS :-
Dilma Dmitry Narendra Xi Jinping Cyril
Rousseff Medvedev Modi Ramaphosa
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5. • Why………….. ?????
To be an Alternative to World Bank and IMF .
To provide Self owned and Self Managed Organization to
carry out Developmental and Economical Plans in
member nations without being dependent on any foreign
agency.
it strength on recent development in BRICS with the
initiative of BRICS Bank.
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6. Objective Of BRICS :-
To achieve regional development.
To remove the trade barriers.
Build up relationships.
Optimum use of the resources.
React to terrorism.
To achieve the goals of New Development Bank.
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7. BRICS SUMMIT
Sr. No. Date Host Country Host Leader
1 16 June 2009 RUSSIA Dmitry Medvedev
2 15 April 2010 BRAZIL Luiz Inácio Lula da Silva
3 14 April 2011 CHINA Hu Jintao
4 29 March 2012 INDIA Manmohan Singh
5 26-27 March 2013 SOUTH AFRICA Jacob Zuma
6 14-16 July 2014 BRAZIL Dilma Rousseff
7 8-9 July 2015 RUSSIA Vladimir Putin
8 15-16 October 2016 INDIA Narendra Modi
9 3-5 September 2017 CHINA Xi Jinping
10 25-27 July 2018 SOUTH AFRICA Cyril Ramaphosa
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8. Advantage of BRICS :-
India is also expected to grow faster than China after 2020.
Rising incomes in the BRICs nations will create a new middle
consumer class
Featured as- “Roadmap For Contribution”
Important drivers for growth in the global economy.
Expansion of their consumer markets and the rise of
multinational companies.
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9. Disadvantage of BRICS :-
Huge number of People living in Poverty.
It has many infrastructure problems which limits progress.
progress will also be limited by its immovable cast system
and dual economy.
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10. TARGET SECTORS FOR BRICS TRADE :-
Manufacturing,
services
agriculture
Energy & infrastructure
mining
healthcare
The green economy
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11. BRICS LOGO @ INDIA
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13. Potential Members :-
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14. Fact About BRICS :-
21% Global GDP.
43 percent of the world's population.
combined foreign reserves of an estimated $4.4 trillion.
trade flows :- $500 billion by 2015.
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15. 2017 summit
It was the 9th International BRICS summit.
Took place on 3rd to 5th of September 2017.
The summit was held in Xiamen, China.
Hosted by Xi JimPing, President of China.
5 guests – Egypt, Mexico, Thailand, Tajikistan and Guinea.
Theme of the Summit was “Stronger Partnership for
Brighter Future.”
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16. PARTICIPATING LEADERS
1. Michel Temer, President of Brazil
2. Narendra Modi, Prime Minister of India
3. Xi Jinping, President of China (Host)
4. Vladimir Putin, President of Russia
5. Jacob Zuma, President of South Africa
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17. India and BRICS 2017
A brief discussion of the Doklam Standoff with China.
India -Russia signed deals worth Rs. 39,000 crores across
multiple sectors.
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18. Road map for celebrating 70
years anniversary
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19. New Development Bank :-
Formed on July 2014 and came into force in July 2015.
Earlier known as “BRICS Development Bank”.
Headquarter in Shanghai.
Unlike the world bank which assigns vote based on capital
share, In the NDB each participant country will be assigned
one vote.
1st president from India & Chairman of Board of Directors
from Brazil and Chairman of Board of Governors from
Russia.
NDB is source of rising strength of BRICS & against the
domination of western countries through WORLD BANK & IMF
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20. FINANCIAL STRUCTURE
50$ billion (10$ billion from each country) as initial capital.
100$ billion Contingency Reserve Arrangement(CRA).
At the time of expansion the 55% share of the bank will be held
by BRICS countries only.
Developing or less developing countries can also apply for
financial assistance.
The Bank shall support public or private.
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21. conclusion
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22. Thank You…
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