BIMSTEC leaders invited to BRICS Trade Fair and Exhibition
Q. Which of the following is/are true regarding BRICS Trade Fair and Exhibition?
1) It will be organized at New Delhi.
2) Business leaders from BIMSTEC countries have been invited for meetings and discussions with the BRICS business leaders and companies at the Fair.- Published on 05 Oct 16a. Only 1
b. Only 2
c. Both 1 and 2
d. Neither 1 nor 2
ANSWER: Both 1 and 2
- The Fair will showcase about 20 key sectors. These include aerospace, agro-processing, auto and auto components, chemicals, green energy and renewables, healthcare and pharmaceuticals, railways, textiles and apparel, infrastructure, IT, engineering goods, tourism, gems and jewellery and skill development.
- The BRICS Trade Fair will be a platform for respective BRICS countries to exhibit the state-of-the-art technologies and advances made in industrial development. Besides established companies, start-ups and innovators from BRICS will showcase their offerings.
- The idea is to help technology solution providers from BRICS countries to share knowledge and expertise in dealing with the common development challenges in areas such as healthcare, education, energy efficiency, waste management and urbanization management.
- Besides, business leaders from BIMSTEC countries (Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka and Thailand) have been invited for meetings and discussions with the BRICS business leaders and companies at the Trade Fair.
- This is a new dimension and complements the regional outreach efforts being made by respective governments to fortify South-South cooperation.
