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BRICS nations sign four pacts

BRICS nations sign four pacts

Xiamen (China), Sep 4 (IANS) To boost cooperation in different areas, including economy and trade, BRICS member states on Monday signed four agreements at the 9th Summit of the five-nation bloc here.

The four documents are: BRICS (Brazil, Russia, India, China, South Africa) Action Agenda on Economic and Trade Cooperation; BRICS Action Plan for Innovation Cooperation (2017-20); Strategic Framework of BRICS Customs Cooperation; and Memorandum of Understanding between the BRICS Business Council and the New Development Bank on Strategic Cooperation (NDB).

 

NDB is a multilateral development bank set up by BRICS.

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BRICS nations sign four pacts

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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