⇒ Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal chaired the “5th meeting of BRICS Industry Ministers” Meeting under the Chairship of India on 18 August 2021.
Participants:
The Industry Ministers of BRICS countries (Brazil, Russia, China and South Africa) and delegates attended the virtual meeting.
India’s theme for this year’s Chairship:
India chose the theme of ‘BRICS@15: Intra BRICS Cooperation for Continuity, Consolidation and Consensus’ for its Chairship, this year.
Discussion:
» During the meeting, India’s efforts of channelizing technology towards good and smart governance thus increasing transparency and accountability, were highlighted.
» The Ministers of the BRICS countries also discussed the unprecedented impact of the COVID-19 pandemic, particularly in the field of trade and industry.
» They agreed on the need to build human resources in line with the changing requirements accelerated by the new emerging technology to promote training and skills development of the related workforce and businesses through workshops, seminars, and exchange programs.
» They expressed their intention to collaborate with the New Development Bank (NDB). India expressed the desire to expand the horizon of NDB for strengthening social infrastructure.