BRICS Business Council and BRICS Business Forum

The work you do in the Business Council plays a vital role in giving practical shape to the vision of BRICS partnership. The partnerships you have forged and the networks you have created are energizing the economic growth stories in each BRICS country.

-Shri Narendra Modi, Hon’ble Prime Minister of India

The BRICS Business Council ensures that there is a regular dialogue between the Business communities and Governments of the BRICS countries. The Council also discusses ways and means to ensure greater economic, trade and investment ties among the BRICS countries and recommends solutions accordingly.

The BRICS Business Council ensures that there is a regular dialogue between the business communities and Governments of BRICS countries. The Council also discusses ways and means to ensure greater economic, trade and investment ties among the BRICS countries and recommends solutions accordingly.

The BRICS Business Council was established during the 2013 BRICS Summit. The BRICS Business Council comprises of 25 prominent entrepreneurs, five each from Brazil, Russia, India, China and South Africa; representing different industries and sectors in BRICS countries. The Council meets twice a year, and the final report is presented to BRICS Leaders at the Summit.

The BRICS Business Council has numerous Business Working Groups on issues such as:

  • Financial Services
  • Manufacturing
  • Infrastructure
  • Skills Development
  • Energy and Green Economy
  • Digital Economy
  • Agri-Business
  • Aviation
  • Deregulation

BRICS Business Forum is an annual conference organised by the BRICS Business Council Chair. The Forum offers a platform for members of the BRICS Business Community to discuss and deliberate on key economic cooperation areas and make recommendations on intra-BRICS trade and industry issues.