Agreements between group of countries within a

geographic region
To reduce & ultimately remove the tariff and non-
tariff barriers
to the free flow of the goods, Services and Factors
of production between each other

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 BRICS stands for Brazil, Russia, India, China, and
South Africa.

 Jim O'Neill, chairman of Goldman Sachs Asset

Management, coined the BRIC concept in 2001.

 BRICS is the international political organization of

leading emerging economies.

 With the entrance of South Africa, at the 3rd BRIC’s

Summit, in April 2011, the BRIC became BRICS, with
capital "S".
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 The BRICS Forum was formed in 2011

 It is an independent international organization

that works for a structured social, economic
and environmentally sustainable BRICS block.

 Currently the forum is working on building

partnerships and collaborating with member
state institutions.
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 To establish a development bank to balance the influence of the World
Bank and IMF, as well as creating a joint foreign exchange reserve.
 Business
 Competitiveness
 Governance & Leadership
 Science & Technology
 Poverty
 Private Sector & Prevention of Corruption
 Investment Landscape
 Innovation in building Infrastructure
 Trade
 Healthcare

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 10th fastest growing economies in the last centuries.

 Extremely rich in resources such as coffee, sugarcane, crude oil

and iron etc.

 Focus on equitable development has resulted in significant

poverty reduction.

 Textiles, chemicals , iron ore , steel and motor vehicles

industries.
 Brazil today is the most popular of the BRICs so far as foreign
direct investment is concerned.

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 Russia has capability in high-technology sectors

 Accounts for around 20% of the world’s oil and gas reserves.

 Fall in the number of people living below the poverty line.

 Consumer market of over 140 million people.

 68% of people comes under middle income group.

 Highly educated workforce.

 Third largest exporter of steel and aluminium

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INDIA

 1.2 billion people

 2nd largest labour force

 Holds second place followed by China in BRICS

 Democratic country.

 Broad knowledge economy.

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CHINA
 18Th fastest growing economy.

 Third largest country in land size.

 Biggest of all BRIC nations GDP wise.

 13% of people comes under middle income group..

 Holds more than $3 trillion forex reserves.

 Largest exporter/ importer for 32 and 34 countries respectively.

 Cheap labour work force

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SOUTH AFRICA

 The South African economy is now the 23rd largest in the world

 Inflation is below 6.6% and falling.

 25% of goods produced in South Africa are for export

 Richest in terms of its mineral reserves.

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Indonesia, Turkey, Mexico and Germany have
been mentioned as candidates for full
membership of the BRICS,
while
Egypt, Argentina, Iran, Nigeria, Syria and
most recently Bangladesh have expressed
interest in joining BRICS

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 BRICS Finance Ministers meet held in Washington.

 China becomes 1st foreign customer of Russian advanced

defense system.

 China exports slump indicates slowing global growth.

 Russia launches official website for the Ufa Summit, April

1, 2015

 India to buy 36 French-made Rafale jets

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•The BRICS countries make up 21 percent of global GDP. They have
increased their share of global GDP threefold in the past 15 years.

•The BRICS are home to 43 percent of the world's population.

•The BRICS countries have combined foreign reserves of an estimated $4.4

trillion.

•Intra-BRICS trade flows reached $282 billion in 2012 and are estimated to
reach $500 billion by 2015. In 2002, it was $27.3 billion.

•IMF estimates of GDP per member in 2012, China $8.25 trillion, Brazil
$2.43 trillion, Russia and India at $1.95 trillion each, South Africa $390.9
billion.

•Per capita GDP for 2012 was estimated at, China $6,094, Brazil $12,340,
Russia $13,765, India $1,592, South Africa $7,636
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 Manufacturing, services and agriculture

 Energy, infrastructure, mining beneficiation and

healthcare

 Construction and water provision

 The green economy and tourism

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 Development of BRICS bank

 Reducing the rural/urban income gap

 Maintaining macroeconomic stability

 Inadequate Financial reforms

 Managing Supply Chain

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 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.

 the establishment of a “positive multipolarity" in international

affairs
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 Lost speed and altitude over the past two years

 Chances of Intra Trade Disputes are high

 Difficulties of articulating their conflicting interests

in some sort of common vision became more evident.

 Different viewpoints and influence in the

international arena.

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 We believe the BRICS markets retain strong
characteristics that attract equity investors.
We can count here a strong economic growth,
favorable demographics, rich natural resources,
and strong finances.
The worries and uncertainty will likely continue to
create some angst in the global market,
But
we firmly believe that these markets should do well
in the long-term
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 http://www.bricsforum.org/
 http://en.wikipedia.org/wiki/BRICS
 http://www.brics-info.org/
 http://www.slideshare.net/
 http://www.crisil.com/

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THANK
YOU
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