Industry Ministers of BRICS countries attended a video meeting On 24 August 2020

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Main topics are cooperation in areas including 5G and Artificial Intelligence. Which countries Include in BRICS countries? Five members which includes Brazil, Russia, India, China and South Africa.

What is the important point of meeting?

BRICS countries mainly focus on their cooperation on digital transformation. Especially in 5G, AI and the digital economy. They can promote the digital transformation of enterprises and their innovation capabilities. Also BRICS promotes sustainable economic and social development.The Chinese Minister of Industry and Information Technology is Xiao Yaqing. The BRICS foreign ministers’ in early September, arranged by the current BRICS chair Russia.

Relationship between Indian and China : India and China are currently seeing their bilateral relations undergoing a rough phase after 15th June Galwan valley clashes. So that this can also impact the economic ties between India and china. India taking the path of self-reliance. Indian depending on imports for necessary items only. Indian Prime Minister’s vision and strategy of ‘Atma Nirbhar Bharat’. China gives many efforts to push Huawei internationally. For development of 5G infrastructure, despite the company being embroiled in controversies in many countries. BRICS countries cooperate in promoting economic recovery, strengthening, communication and sharing their experiences in epidemic prevention and control.

Reference : DD News

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