its about BRICS country

1. Presentation on
Submitted To:-
Pro.Poonam
Arora
Submitted By:-
Chirag- 16
Damini-17
Darshil-18

2. FLOW OF PRESENTATION
 Meaning of BRICs
 Introduction
 From BRIC to BRIC’S
 Objectives of BRICS
 BRICS Summit
 Key advantages of country
 Opportunities
 BRICs national future bank
 BRICs Dream
 Conclusion

5. “In Economic, BRICS is an acronym that refers to
countries- Brazil, Russia, India, China and South
Africa”

6. BRICS
 Jim O'Neill, global economist at Goldman Sachs.
 Building Better Global Economic BRICS.
 BRIC’s is a grouping acronym.
 Each letter stands for a country
BRIC
 Biggest and fastest growing emerging economies
 BRIC was first prominently used in a Goldman Sachs
report from 2003

7. FROM BRIC to BRIC’S
 South Africa has been formally asked to join the BRIC
group of major emerging markets
 Invited by China
 Officially admitted as a BRIC nation on December 24, 2010
 South Africa stands at a unique position to influence African
economic growth and investment
 China is South Africa’s largest trading partner
 India wants to increase commercial ties with Africa

8. Objectives of BRICS
 To achieve regional development
 To remove trade barriers
 Economic development
 Optimum use of resources
 Building relationship

9. BRICS Summit
first official summit on 16 June 2009, in
Yekaterinburg, Russia.
the current global financial crisis, global
development, and further strengthening
Issued a joint statement on global food security,
calling for "action by all governments and the
relevant international agencies“
2nd BRIC summit held on April 16, 2010 Brazil
3rd BRICS summit held on April 14, 2011 china

10. Cont..
The 4th BRICS Summit was
hosted in New Delhi on 29
March 2012 under the theme of
“BRICS Partnership for Global
Stability, Security and
Prosperity.”
South Africa’s President
Jacob Zama hosted the Fifth
BRICS Summit on 27 March
2013 in Durban under the
theme

11. KEY ADVANTAGE
BRAZIL

12. RUSSIA
 capability in high-technology sectors
 20% of the world’s oil and gas reserves
 fall in the number of people living below the poverty
line
 Corruption
 Labor shortages and poorly developed infrastructure

13. INDIA
1.20 billion people
2nd largest labor force
Improving basic educational achievement
Improving infrastructure and electrical capacity
Expanding technology industry

14. CHINA
Broad expansion of educational achievement
Rapid economic growth
Third largest country in land size
support to rural areas and less-developed regions
Bank of China sees inflation as a bigger risk
 Need to improve the investment

15. South Africa
the 23rd largest in the world
Inflation is now below 5% and falling.
The economy is growing but not fast enough
 Lack of skills, particularly in IT.
48% of the population is living below the poverty
line

16. Opportunities
 Inclusive growth
 BRICS economies could become a much larger force in the
world economy.
 The BRICS real exchange rates could appreciate by up to
300% over the next 50 years
 BRICS maintain policies and develop institutions that are
supportive of growth.

18. Cont..
Growing emerging markets
Climate change, food and
energy security,
 International economic
exchange
Financial assistant.
Populations control

19. BRICs Dream
http://www.youtube.com/watch?v=fOdcQ3em
yzM

20. Conclusion
The BRICS have come together in a political grouping in a way
that has far exceeded most expectations.
Although BRICS cooperation has been significant, intra- BRIC
competition and rivalry are important limits on how much further
BRICS cooperation can go.

21. Cont..
BRICS nations have the potential and the
resources to form a powerful economy with
greater opportunity than any other nation
The BRICS are becoming super powers. Whether
they would surpass the expectations lying on them
is something that we can only speculate on. But it
is no doubt, that they have become more
important today than before more rests on their
growth rather than on the growth of the
previously bigger powers of the world.