Prime Minister Narendra Modi has arrived in Brasilia on a 2-day visit to attend 11th BRICS Summit. The summit will take place on 14th November while BRICS Business Council meeting and BRICS Business Forum will take place today where business leaders will deliberate upon the ways to enhance the business collaborations between BRICS countries and deepen the relations with New Development Bank.

Huge business delegations from all the BRICS countries are participating in the BRICS Business Forum which will be joined by all the BRICS leaders in the evening. During the summit, the leaders will discuss intra BRICS cooperation for the economic development of BRICS societies. A BRICS MoU between Trade and Investment Promotion agencies has already been signed.

BRICS Business Council and the New Development Bank will submit their report to the leaders. On the conclusion of the summit, leaders will issue a joint declaration. Economic growth and innovative future for BRICS economies is the theme for this year's Summit. Priority areas are cooperation in science, technology and innovation; cooperation on digital economy; fight against transnational crime and money laundering.

BRICS will also discuss counter-terrorism cooperation as one of its priority areas this year. BRICS Innovation Network, BRICS Institute of Future Network and a Women Business Alliance will also be launched this year.

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