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9th brics summit highlights 2017

BRICS summit is being organized each year after it came into existence in the year 2015 with 5 emerging nations of the world. 9th brics summit highlights 2017.These nations are Brazil, Russia, India, China, South Africa. The summit is held annually to design the policy and operational framework of the organization. It is funded by these 5 nations only in proportion of their GDP growth. Currently BRICS summit was held in Xiemen, China and it was conducted on 4, 5, 6 September 2017. This year it was hosted by China. The summit witnessed some major ideas and discussions about the collective growth of these nations. They discussed issues like terrorism etc which is a threat to every country. Details about BRICS summit 2017 has been given below for those who are preparing for the examination and many questions in the exam are expected from this topic.

Highlights of BRICS summit 2017

First let us discuss some important details.

Leaders of BRICS Countries :

Brazil – Michel Temer (President)Russia – Vladimir Putin (President)India – NarendraModi (Prime Minister)China – Xi Jinping (President)South Africa – Jacob Zuma(President)

9th BRICS Summit Highlights

Motto :  “BRICS : Stronger Partnership for brighter Future”Host Country : ChinaVenue : Xiamen

Pak-based terror groups named for 1st time (important issue)

For the first time in BRICS history, Terror groups such as LeT and theJeM were named for causing violence in the region.The summit also saw China acknowledging Pakistan-based terror, despite its rigid stance on Maulana Masood Azhar.

4 MOUs have also been signed among these countries which are given as under:

To boost commercial ties among BRICS nations, 4 Agreements were signed during this summit.

  • They are :BRICS Action Agenda on Economic and Trade Cooperation
  • BRICS Action Plan for Innovation Cooperation(2017-2020)
  • MoU between  BRICS Business Council and New Development Bank on Strategic Cooperation
  • Strategic Framework of BRICS Customs Cooperation

Candidates should learn these details and they have to work hard on these concepts. Current affairs news are asked in the examination and it influences the performance of candidates in examination. good luck to all the aspirants

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