We bind people, cultures and countries together
Beyond their role as fast-growing economies, the BRICS nations have established a network of institutions and frameworks to foster cooperation and address shared challenges. The BRICS consortium institutional architecture is a work in progress, reflecting the evolving needs and aspirations of its members. As the consortium expands, these organizations and frameworks are likely to play a crucial role in shaping global governance and fostering cooperation among developing economies.
Established frameworks:
BRICS Contingent Reserve Arrangement (CRA): An framework for providing protection against global liquidity pressures.
BRICS Partnership on New Industrial Revolution (PartNIR): A framework to accelerate the digital transformation of the economy, expedite the industrialization process, strengthen innovation, and promote inclusive growth.
BRICS Digital BRICS Task Force (DBTF): A framework to advance cooperation on R&D and application of new and emerging digital technologies.
BRICS Institute of Future Networks (BIFN): A framework to carry out cooperation on R&D and application of new and emerging technologies.
BRICS Payments Task Force (BPTF): A platform for BRICS central banks to exchange experience and knowledge on payments.
BRICS Startup Events including BRICS Innovation Launchpad and BRICS Startup Forum: Initiatives to promote networking, interaction, and mentorship among startups in BRICS countries.
BRICS PartNIR Innovation Centre (BPIC): A framework to carry out training programs to address challenges of the New Industrial Revolution.
BRICS Technology Transfer Center Network: A proposed framework for technology transfer cooperation among BRICS countries.
iBRICS Network: A proposed framework for joint research projects among BRICS countries.
BRICS Young Scientist Forum and Young Innovation Prize: Initiatives to support the next generation of BRICS scientific leadership.
Over the years, the BRICS bloc has established several organizations to facilitate cooperation and collaboration in various areas. Here is a detailed list of organizations created by the BRICS bloc and a description of each:
New Development Bank (NDB):
Established in 2014, the NDB is a multilateral development bank that aims to provide financing for infrastructure and sustainable development projects in BRICS countries. The bank has a capital base of 10 billion and has approved over 10 billion in loans since its inception.
BRICS Business Council:
Established in 2013, the BRICS Business Council is a platform for business leaders and entrepreneurs to promote trade and investment between BRICS countries. The council has identified key areas for cooperation, including infrastructure development, energy, and technology.
BRICS Think Tanks Governance Initiative (BTGI):
Established in 2013, the BTGI is a network of think tanks and research institutions that aims to promote policy dialogue and cooperation among BRICS countries. The initiative has organized several conferences and workshops on topics such as economic development, trade, and security.
BRICS University League:
Established in 2014, the BRICS University League is a network of universities that aims to promote academic cooperation and collaboration among BRICS countries. The league has organized several conferences and workshops on topics such as science, technology, and innovation.
BRICS Youth Council:
Established in 2016, the BRICS Youth Council is a platform for young people from BRICS countries to promote cultural exchange, education, and entrepreneurship. The council has organized several events and activities, including the BRICS Youth Summit.
BRICS Media Forum:
Established in 2015, the BRICS Media Forum is a platform for media professionals and journalists to promote media cooperation and collaboration among BRICS countries. The forum has organized several conferences and workshops on topics such as media freedom, ethics, and regulation.
BRICS Science, Technology, and Innovation (STI) Forum:
Established in 2015, the BRICS STI Forum is a platform for scientists, researchers, and innovators to promote cooperation and collaboration in science, technology, and innovation. The forum has organized several conferences and workshops on topics such as renewable energy, biotechnology, and nanotechnology.
BRICS Agriculture Research and Education Network (BAREN):
Established in 2016, BAREN is a network of agricultural research institutions and universities that aims to promote cooperation and collaboration in agriculture, food security, and sustainable agriculture practices.
BRICS Health Initiative:
Established in 2016, the BRICS Health Initiative is a platform for health professionals and researchers to promote cooperation and collaboration in healthcare, public health, and medical research. The initiative has organized several conferences and workshops on topics such as infectious diseases, non-communicable diseases, and healthcare systems.
BRICS Sports Council:
Established in 2016, the BRICS Sports Council is a platform for sports professionals and athletes to promote cooperation and collaboration in sports, physical education, and sports development. The council has organized several events and activities, including the BRICS Sports Festival.
These organizations have played a crucial role in promoting cooperation and collaboration among BRICS countries, and have helped to strengthen the bloc’s economic, scientific, and cultural ties.
BRICS Parliamentary Forum
The BRICS Parliamentary Forum was created to strengthen and promote contacts at the leadership level of chambers, committees and groups of parliamentarians. It is responsible for inter-parliamentary exchanges and consultations
BRICS Agricultural Research Platform (ARP)
BRICS-ARP as the natural global platform for science-led agriculture based sustainable development for addressing the issues of world hunger, under nutrition, poverty and inequality, particularly between farmers and non-farmers income, and enhancing agricultural trade, bio-security and climate resilient agriculture.
The Information and Cooperation platform IN4U is a digital hub for BRICS members to collaborate, share information, and promote cooperative initiatives. Stay connected and engaged with the latest developments.
The Cooperative Framework of BRICS by IN4U platform is a dedicated digital space for fostering collaboration and cooperation among inter BRICS government entities and international organizations.
BRICS Collaboration Made Easy: Access info & cooperation tools on IN4U.