BRICS, A NEW GLOBAL PLAYER IN THE MAKING

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BRICS, A NEW GLOBAL PLAYER IN THE MAKING
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BRICS MEANS

• 25 of the world GDP (measured in PPP of
  national currencies)
• 30 of the Earths territory
• 45 of the world population

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DYNAMICS OF THE GDP OF ADVANCED ECONOMIES AND
BRICS COUNTRIES

• 2010 2011 2012 2013
• World output 5,3 3,9 3,5 3,3
• United States 3,0 1,7 2,6 1,2
• Euro Area 1,9 1,5 -0,3 -0,3
• Japan 4,4 -0,7 2,4 1,6
• Average 3.1 0,8 1,4 0,8
• Russia 4,3 4.3 4,0 3,4
• China 10,4 9,2 8,0 8,0
• India 10,8 7,1 6,1 5,7
• Brazil 7,5 2,7 2,5 3,0
• South Africa 2,9 3,1 2,6 2,8
• Average 7,2 5,4 4,6 4,6

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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• Desire to reform the outdated financial and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

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BRICS FORMATS OF INTERACTION

• 1.Summits
• 2.Meetings of Foreign Ministers
• 3.Meetings of High Representatives responsible
  for national security
• affairs
• 4.Meetings of Ministers of Finance and Central
  Bankers
• 5.Meetings of Trade Ministers
• 6.Meetings of Ministers of Health
• 7.Meetings of Ministers of Agriculture

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BRICS FORMATS OF INTERACTION

• 8.Meetings of Ministers of Science, Technology
  and Innovation
• 9.Meetings of Heads of Statistical Agencies
• 10.Meetings of Heads of Competition Authorities
• 11.Meeting of representatives of financial/fiscal
  authorities
• 12.Working Group on cooperation in agriculture
• 13.Working Group on cooperation on health affairs
  

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Accompanying events

• 14.Business Council
• 15.Council of think tanks
• 16.Business Forum
• 17.Forum of Banks of Development
• 18.Forum of Partner Regions
• 19.Forum on Youth Policies
• 20.Urbanization Forum

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Durban SummitThree steps forward

• Step one
• Setting the principal strategic goal of BRICS
  development
• We aim at progressively developing BRICS into a
  full-fledged mechanism of current and long-term
  coordination on a wide range of key issues of the
  world economy and politics.

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Durban SummitThree steps forward

• Step two
• Decisions to endorse the idea of creating BRICS
  Development Bank
• Decision to establish the Contingent Reserve
  Arrangement

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Durban SummitThree steps forward

• Step three holding the first outreach event
• Forum of dialogue of leaders BRICS-Africa

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eThekwini Action PlanNew areas of Cooperation

• Virtual secretariat
• Forum on Public Diplomacy
• Cooperation on fighting drug trafficking
• Cooperation on fighting corruption
• Tourism
• Energy
• Sports

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