What is BRICS?
Brazil, Russia, India, China and South Africa (BRICS) are leading emerging economies and political powers at the regional and international level. The acronym was originally coined in 2001 to highlight the exceptional role of important emerging economies and the then acronym included Brazil, Russia, India and China (BRIC) only. It was pointed out that high growth rates, economic potential and demographic development were going to put BRIC further in a lead position and it was argued that their increased relevance should also be reflected in their incorporation to the G7(O’Neill 2011). The four countries themselves started to meet as a group in 2006 and it was only in 2010 that South Africa was invited to join the group, which was then referred to as BRICS.
BRICS CCI
Brazil, Russia, India, China and South Africa have emerged as ‘the protagonists” in the world economy significantly and rapidly. The BRICS Chamber of Commerce and Industry is a parent organization which promotes commerce and industry in the BRICS nations. The Chamber, founded in 2012 with the efforts of eminent professionals and entrepreneur, is a not-for-profit and non-governmental organization.
The objective of BRICS CCI is to create an enabling support system especially for MSME segment of businesses and young entrepreneurs from across all geographies. While the BRICS nations will remain at the centre of all activities, the chamber has taken in its credo to reach out to and enable young entrepreneurs from other friendly nations too. It proposes to be the ‘voice’ of young entrepreneurs and champion their business success.
BRICS Chamber of Commerce & Industry
A-1/226, Safdarjung Enclave
New Delhi -110029
www.bricscci.com
Mob: 91- 9818887383
Tel:( 91-11) 41017013
Fax:( 91-11)26194525
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