1 BRICS, A NEW GLOBAL PLAYER IN THE MAKING

BRICS MEANS …… 25% of the world GDP (measured in PPP of national currencies) 30% of the Earth’s territory 45% of the world population

DYNAMICS OF THE GDP OF ADVANCED ECONOMIES AND BRICS COUNTRIES World output5,33,93,53,3 United States3,01,72,61,2 Euro Area1,91,5-0,3-0,3 Japan4,4-0,72,41,6 Average3.10,81,40,8 Russia4,34.34,03,4 China10,49,28,08,0 India10,87,16,15,7 Brazil7,52,72,53,0 South Africa2,93,12,62,8 Average7,25,44,64,6

COMMON INTERESTS OF BRICS NATIONS Desire to reform the outdated financial and economic architecture of the world which ignores the growing weight of BRICS/EMDC Common commitment to principles and norms of international law,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

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

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

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

Durban Summit Three 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. 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.

Durban Summit Three steps forward Step two: Decisions to endorse the idea of creating BRICS Development Bank Decision to establish the Contingent Reserve Arrangement

Durban Summit Three steps forward Step three: holding the first outreach event “Forum of dialogue of leaders BRICS-Africa”

eThekwini Action Plan New areas of Cooperation Virtual secretariat Forum on Public Diplomacy Cooperation on fighting drug trafficking Cooperation on fighting corruption TourismEnergySports