Home Current Affair August 2020 5th BRICS Industry Ministers Summit

5th BRICS Industry Ministers Summit

  • The 5th edition of BRICS Industry Minister’s Summit was held through video conferencing. From the India side, Union Minister of State for Commerce and Industry Som Prakash addressed the meeting.
  • Highlights,
    - In the meeting, they discussed to boost cooperation in areas of 5G, Artificial Intelligence, and Industrial Internet.
    - The meeting also adopted a Joint Declaration to commence the implementation of the BRICS Partnership on the New Industrial Revolution (PartNIR). Its objective to extend BRICS cooperation in the fields of digitalization, industrialization, and innovation.
  • About BRICS,
    - BRICS is an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. It was formed in 2009.

Published On : 28 Aug 2020

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