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India to host 8th BRICS Summit, 2016

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The external affairs ministry has notified that India will host the 8th BRICS Summit from 15 October to 16 October 2016 in Goa.

BRICS- Brazil, Russia, India, China and South AfricaIndia to host 8th BRICS Summit, 2016

  • Chairmanship –India assumed chairmanship of BRICS from Russia on 15 February 2016 and it will last till 31 December 2016.

Five pronged approach

  • Institution building to further deepen sustains and institutionalizes BRICS cooperation
  • Implementation of the decisions from previous Summits
  • Integrating the existing cooperation mechanisms
  • Innovation: New cooperation mechanisms on government-to-government, Track-II, business-to-business and people-to-people to tap the full potential of BRICS cooperation
  • Continuity: Continuation of mutually agreed existing BRICS cooperation mechanisms.

Theme and Logo

  • The logo for the Summit is a lotus having colours from all the five member countries and a traditional Namaste in the centre.
  • The theme of India’s BRICS Chairmanship is Building Responsive, Inclusive and Collective Solutions.

Points to note

  • 2015 venue of BRICS- Ufa, Russia
  • Goa Capital- Panaji
  • Union Minister of External Affairs- Sushma Swaraj
  • BRICS bank(NDB) head- K V Kamath