3 weeks ago
BRICS Industry and Commerce Ministers' Meet Opens in Jaipur
BRICS is a club of big countries that work together.
The club's industry and trade ministers met in Jaipur, India, for two days.
They talked about helping each other do more business.
They also discussed investments and online shopping.
The leaders wanted to make the group stronger against world money problems.
A minister from India named Piyush Goyal led the meeting.
He also met the minister from South Africa to talk about working together on minerals, medicines and manufacturing.
This meeting was practice for a bigger summit that will happen next month in New Delhi.
The guests will also visit Jaipur's famous old fort, called Amer Fort.
A two-day meeting of BRICS Ministers for Industry and Commerce began Thursday in Jaipur, India.
The meeting is the preparatory phase for the 18th BRICS Summit to be held in New Delhi next month under India's Presidency.
India's Piyush Goyal presided over the opening round and informal deliberations at the Rambagh Palace Hotel.
Ministers and senior officials from 11 countries, including Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, the UAE, Saudi Arabia and Indonesia, are participating.
On the sidelines, Goyal met South Africa's Parks Tau to discuss the India-SACU PTA and cooperation in critical minerals, pharmaceuticals and manufacturing.
- Who
- BRICS Ministers for Industry and Commerce and senior officials from 11 countries, led by India's Piyush Goyal; South Africa's Parks Tau also met with Goyal on the sidelines.
- What
- A two-day meeting of BRICS Ministers for Industry and Commerce, serving as the preparatory phase for the 18th BRICS Summit.
- Where
- Rambagh Palace Hotel, Jaipur, India.
- When
- The two-day meeting began Thursday; the 18th BRICS Summit is scheduled for next month.
- Why
- To boost investment, promote digital commerce, and develop collaborative mechanisms to address global economic challenges and strengthen economic resilience within the group.
Key facts
- Event
- BRICS Industry & Commerce Ministers' Meeting
- Duration
- Two days
- Venue
- Rambagh Palace Hotel, Jaipur
- Host
- India (BRICS President, represented by Piyush Goyal)
- Participating Countries
- Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, UAE, Saudi Arabia, Indonesia
- Purpose
- Preparatory phase for the 18th BRICS Summit
- Next Summit
- 18th BRICS Summit, New Delhi, next month
- Side Meeting
- Goyal and South Africa's Parks Tau discussed India-SACU PTA ToRs and cooperation in critical minerals, pharmaceuticals and manufacturing
Quotes
Piyush Goyal
Union Minister of State for Industry and Commerce of India
“We discussed the signing of ToRs for India-SACU PTA and early conclusion of negotiations, strengthening the India‑South Africa trade engagement and explored opportunities for cooperation in the critical minerals, pharmaceuticals & manufacturing sectors”
thestatesman.com
Sources
Related news
BRICS Industry Ministers Adopt Joint Declaration in Jaipur for Cooperation
India Hosts BRICS Youth and Sports Ministers in Visakhapatnam
Visakhapatnam to Host Second BRICS Youth Ministers’ Meeting
India, Egypt Discuss Investment Flows, Digital Services Trade
India to Host 18th BRICS Summit in New Delhi
BRICS trade ministers adopt Jaipur Consensus on MSME financing
Goyal Proposes Easier FDI Rules and Higher Approval Thresholds
India, SACU Finalise Trade Terms as Pretoria Weighs Car Duty
India, Namibia identify critical minerals as key bilateral cooperation area
India, SACU likely to sign trade pact terms this week
