Friday 27 July 2018

The 2018 BRICS summit

The 2018 BRICS summit is next the tenth annual BRICS summit, an international relations conference attended by the heads of state or heads of government of the five member states Brazil, Russia, India, China and South Africa.

The summit will be held in Johannesburg, South Africa, the second time the South Africa has hosted the summit after the 2013 summit

  theme for BRICS summit in Africa is ‘cooperation for inclusive growth and sharing the benefits of the fourth industrial revolution’.

    Twin stamps of Mahatma Gandhi and Nelson Mandela will also be released during the meeting 

The BRICS summit in its Johannesburg Declaration has reaffirmed the principles of democracy and inclusiveness, implementation of the UN charter and respect for Rule of law.

Brazil, Russia, India, China and South Africa at their 2nd day of three-day summit in South Africa   agreed to fight unilateralism and protectionism.

Leaders of the BRICS bloc of emerging economies reaffirmed the centrality of the rules-based, transparent, non-discriminatory, open and inclusive multilateral trading system, as embodied in the World Trade Organisation, that promotes a predictable trade environment and the centrality of the WTO.

The decleration has called for definite stand on corruption and extradition of economic offenders and fugitives and their asset recovery.

 Declaration also called for fighting international terrorism and early implementation of the Comprehensive Convention on International Terrorism.

 the fourth industrial revolution presents both opportunities and challenges for the BRICS nations.



On the final day of the summit , the BRICS leaders will take part in the BRICS Outreach session to take stock of the progress made by them during last ten years.

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