The BRICS Industry and Trade sector refers to the cooperative framework among the BRICS countries dedicated to advancing industrial development, promoting trade and investment, and fostering inclusive, resilient, and sustainable economic growth.
This cooperation is led by the BRICS Ministers of Industry and Trade and supported by expert working groups, sector-specific platforms, and the BRICS Business Council—a key mechanism for facilitating private sector engagement, promoting dialogue between governments and industry, and identifying opportunities for joint ventures and market access.
Priority areas include value chain integration, digital and green industrialisation, trade facilitation, intellectual property rights, e-commerce, support for micro, small, and medium enterprises (MSMEs), and cooperation within multilateral and regional trading systems.
BRICS Industry and Trade plays a vital role in strengthening intra-BRICS economic linkages, contributing to a balanced and fair global trade system, and supporting the development of competitive, innovation-driven industrial economies across member states.
