It was held in Johannesburg and the theme was
BRICS in Africa: Collaboration for inclusive growth and shared prosperity in the fourth industrial revolution.
How China uses the many geopolitical instruments at its disposal will matter a great deal to the other
Brics countries, because they will have to adapt their national strategies to China's own "outside options." Since 2013, China has established the Asian Infrastructure Investment Bank (AIIB), launched the Belt and Road Initiative (BRI), and proposed expanding the
Brics into a "
Brics Plus" - with China presumably at its head.
In this context, the objective of the present article is to evaluate the threats and risks facing Brazil as a
BRICS member and to consider the limitations that, in view of such risks, should be considered for the formulation of the group's agenda.
Ideas and the ability to turn resources into winning products are the main assets of
Bric's, as well as its mastery of creativity in marrying marries innovation and tradition.
The five countries' foreign investment totaled $197 billion in 2016, but only 5.7 percent took place between
BRICS members, the president said.
As a rising power and the second largest economy in the world, China has more expectation from the
BRICS. During the 12th G-20 Summit in Germany, the leaders of the
BRICS held informal talks reaching consensus on building an open world economy and improving global economic governance.
* Leading company profiles reveal details of key electricity retailing market players'
BRIC operations and financial performance
Brazil, Russian Federation, India and China (
BRIC) are the emerging and fast growing countries within the renewable energy industry and had a total market value of $257,980.8 million in 2014.
The
BRICS were considered as the key drivers of global economic growth at a time when western economies were struggling with austerity measures.
RI on same level as
BRIC countries: Minister, Retrieved from http://www.thejakartapost.com/news/2013/01/25/ri-same-level-bric-countries-minister.html.
The Ministerial Declaration highlighted key initiatives - Partnership on Urban Environmental Sustainability Initiative (PUESI) to share knowledge and experience on important issues as waste management, cogeneration, reverse logistics, sanitation, urban air quality, urban green areas,
BRICS Environmentally Sound Technology (BEST) Cooperation Platform for innovations, knowledge sharing and capacity building, and Clean River of
BRICS program for improvement of river ecology and combating marine litter.
The
BRICS Africa outreach dialogue forum was attended by
BRICS Bloc leaders including President of Russia Mr Vladimir Putin, China president, Mr Xi Jinping, Mr Cyril Ramaphosa of South Africa, India prime minister, Mr Narendra Modi and Brazil president Mr Michel Temer and several African heads of government and regional bodies.