The 5th BRICS Academic Forum, comprising experts and scholars from the research and academic institutions of India, China, Brazil, Russia and South Africa, met on the 11th and 12th of March 2013 in Durban and has come up with a 5-point recommendations.
The 5th BRICS Academic Forum, comprising experts and scholars from the research and academic institutions of India, China, Brazil, Russia and South Africa, met on the 11th and 12th of March 2013 in Durban.
After discussions, the Forum has come up Recommendations to be presented to the Summit leaders of BRICS Summit to be held in Durban later this month. The Indian delegation is led by Mr. HHS Viswanathan, Distinguished Fellow of Observer Research Foundation, which has been the official convenor for the country.
Given that the BRICS have covered significant ground since the inception of the partnership five years’ ago, the Forum believes that they must build upon the progress made in the first five-year cycle of BRICS by consolidating the agreements reached and the achievements registered and by making further concrete proposals for realising the unfolding objectives of the BRICS partnership.
A shared desire for peace, security, development, cooperation, respect for International Law and sovereignty continues to serve as the fundamental principles for BRICS members in pursuit of a more equitable and fair world. These principles hold particularly in dealings with African countries, the sovereignty of many of which has not been respected in the past, especially by colonial powers.
The Forum believes that BRICS must continue to create synergies for enhancing economic growth through greater engagement with one another as well as with the rest of the world, particularly the African continent.
The Forum discussed five themes, which generated the following recommendations:
1. BRICS and the Global Economy
BRICS should facilitate greater cooperation in the area of trade, especially in goods and services, towards strengthening partnerships for development and industrialisation. They should engage in further discussions on the feasibility of implementing preferential trade agreements among themselves. In addition, BRICS should strengthen financial and development cooperation through the establishment of the BRICS Development Bank, and create mechanisms to deal with volatility in global currency markets.
2. Reform of Institutions of Global Governance
BRICS should continue to collaborate to identify and utilise strategic opportunities to advance its objectives of reform of global multilateral institutions in order to make them more democratic, representative and accountable.
3. Cooperation on Africa
BRICS should recognise the diversity of values and experiences represented in the separate and intersecting histories of their own and African countries in the pursuit of mutually beneficial social and economic development on the African continent. This should include the pursuit of deeper cooperation with the African Union, taking into account Africa’s priorities, especially integration.
4. Education, Research and Skills Development for Building Industrialising Economies
5. Peace and Security
BRICS should continue to promote the centrality of the United Nations (UN), based on the principles of equality, mutual trust, and cooperation. It should be more active in the peaceful resolution of conflict, dealing with issues of international terrorism, non-proliferation of weapons of mass destruction, and drug- and human trafficking. Mutual security concerns, such as water, food, environment, health, and disaster preparedness, should continue to be a focus. BRICS should also promote the peaceful use of outer space. BRICS should utilize their relative strengths in post-conflict resolution and peace-making, peace building and peace keeping under the auspices of the UN.
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