The BRICS Business Council promotes collaboration for inclusive growth and shared prosperity in the fourth industrial revolution, to ensure strategic continuity with the themes of development for a common future.

In pursuit of realising more opportunities for greater economic, trade and investment ties between BRICS member countries the Council proposes that BRICS governments consider the following key recommendations of its Working Groups: – The NDB should create a dedicated task team to liaise with the BRICS Business Council; – Promoting large-scale, infrastructure projects. – An MoU should be drafted and signed between BRICS countries to foster regional aviation; – Discussions surrounding a BRICS Seed Bank should be continued; – Extensively promoting collaborations between tech companies originating in BRICS countries; – Supporting the contextualised career development project incorporating an indigenous career development approach and methodology for the development of adaptable skills; and – Adopting a collaborative, experience-sharing approach to developing new financing instruments appropriate for the specific needs of youth in the BRICS countries.