The 4th BRICS Industry Ministers Meeting was held on July 4, 2018 in Magaliesburg, South Africa.

Key Discussions and Themes

1. Fourth Industrial Revolution: Given the overarching theme of the 10th BRICS Summit, the Industry Ministers likely discussed strategies to navigate the challenges and opportunities presented by the Fourth Industrial Revolution.
2. Digital Economy: The meeting probably addressed the growing importance of the digital economy and ways to foster innovation and technological cooperation among BRICS nations.
3. Inclusive Growth: Strategies for promoting inclusive industrial growth, particularly in developing regions like Africa, were likely on the agenda.
4. Trade and Investment: The ministers may have discussed ways to increase intra-BRICS trade and investment in the industrial sector.
5. Sustainable Development: Given the global focus on sustainability, the meeting likely touched upon environmentally friendly industrial practices and green technologies.

Outcomes and Declarations

While specific details of the declaration are not readily available, based on previous BRICS Industry Ministers Meetings, the declaration likely included:

1. Commitments to enhance cooperation in key industrial sectors.
2. Agreements on technology transfer and sharing of best practices.
3. Plans to address challenges in the global industrial landscape.
4. Strategies to promote small and medium-sized enterprises (SMEs) within BRICS countries.

Related Initiatives

1. BRICS Partnership on New Industrial Revolution (PartNIR): This initiative, which aims to strengthen BRICS cooperation in digitalization, industrialization, innovation, and other areas, may have been discussed or further developed during this meeting.
2. BRICS Business Council: The outcomes of the Industry Ministers Meeting likely informed the work of the BRICS Business Council, which plays a crucial role in fostering economic, trade, business, and investment ties.

Impact on South Africa and Africa

As the host country and the only African member of BRICS, South Africa likely used this meeting to:

1. Highlight investment opportunities in its industrial sector.
2. Advocate for increased BRICS engagement with the African continent.
3. Promote its role as a gateway for BRICS investments into Africa.

Follow-up Actions

The decisions and agreements made during this meeting would have been:

1. Presented at the main BRICS Summit later that month.
2. Incorporated into the broader BRICS action plan for industrial cooperation.
3. Followed up in subsequent meetings and through various BRICS working groups.