Five emerging economies of the world - Brazil, Russia, India, China and South Africa -- will come together to energize their economic partnership via enhanced trade and investment opportunities for the first time in a decade.
The BRICS nations will be holding a trade fair and exhibition - a two-day platform beginning tomorrow during which the leaders will adopt a framework to enhance economic co-operation among the member nations. The fair will showcase the potential of the BRICS nations in about 20 key sectors.
Business leaders from Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka and Thailand have been invited for meetings and discussions with the BRICS business leaders and companies at the trade fair.
Formal launch of the trade fair will be done by Vice President Hamid Ansari along with Commerce Minister Nirmala Sitharaman tomorrow.
The exhibition will be staged just ahead of the BRICS Political Summit in Goa on October 15-16.
The full-day conference will see participation from over 1000 business delegates from all BRICS countries to build on business opportunities. From India, states will showcase their projects and India Inc biggies like Reliance, Adani Group have set up stalls and will participate in interactions with other nations to exchange investments opportunities and extending scope of project and services exports.
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