11TH BRICS SUMMIT

Key highlights:

• The theme of the BRICS summit this year was "Economic Growth for an Innovative Future.”
  
  
• Brazilian President Jair Bolsonaro has accepted Prime Minister Narendra Modi’s invitation to be the chief guest at the Republic Day celebrations in 2020.
  
  
• PM Modi has called for an early opening of New Development Bank's (NDB’s) regional office in India.
  
  
• He urged the BRICS countries and NDB to join and strengthen the Coalition for Disaster Resilient Infrastructure (CDRI).
  
  
• He also proposed to hold first BRICS water minister meet in India to find solutions for sustainable water management and sanitation issues.
  
  
• PM Modi expressed hope that MOU between trade promotion agencies of BRICS will help achieving the target of 500 billion US dollars intra BRICS trade.
  
  
• During the the 4th BRICS-Young Scientist Forum (YSF), 2019, Ravi Prakash, an Indian scholar has won the 25,000 US Dollar BRICS-Young Innovator Prize for inventing an affordable indigenous milk chilling unit for smaller and marginal rural dairy farmers.