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BRICS Leaders to Fine-Tune Startup and Supply Chain Initiatives
Leaders from BRICS countries are meeting for a major summit.
They will discuss ways to help new businesses and improve trade transportation.
Three proposals include a startup incubator network, an innovation fund and a supply-chain framework.
Officials called Sherpas have already discussed these ideas.
The leaders are expected to improve the proposals on September 12 and 13.
Prime Minister Narendra Modi is hosting the meeting.
Many leaders, ministers and officials from 32 countries and agencies are expected.
Brazil’s president will not attend, so Brazil’s foreign minister will represent the country.
BRICS leaders are expected to refine proposals for an incubator network, startup fund and logistics framework.
The initiatives were discussed by BRICS Sherpas before being considered by leaders on September 12 and 13.
Prime Minister Narendra Modi is hosting leaders, ministers and officials from 32 countries and agencies.
Chinese President Xi Jinping and Russian President Vladimir Putin are among the expected attendees.
Brazilian President Luiz Inácio Lula da Silva will not attend and will be represented by Foreign Minister Mauro Vieira.
- Who
- Prime Minister Narendra Modi and leaders, ministers and officials from 32 countries and agencies, including China, Russia, Egypt, Indonesia, Iran, the United Arab Emirates, South Africa, Saudi Arabia and Ethiopia.
- What
- The BRICS Leaders’ Summit will consider proposals for an incubator network, startup innovation fund and logistics supply-chain cooperation framework.
- Where
- The summit is being hosted in New Delhi.
- When
- The proposals are expected to be fine-tuned by leaders on September 12 and 13.
- Why
- The initiatives aim to strengthen startup innovation and logistics supply-chain cooperation among BRICS participants.
Key facts
- Host
- Prime Minister Narendra Modi
- Event
- BRICS Leaders’ Summit
- Expected participation
- Leaders, ministers and officials from 32 countries and agencies
- Proposed initiative
- BRICS Incubator Network
- Proposed fund
- BRICS Startup Innovation Fund
- Proposed framework
- BRICS Logistics Supply-Chain Cooperation Framework
- Dates for leader discussions
- September 12 and 13
Sources
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