BRICS nations signed Moscow Declaration

India and the world Multilateral Issues

BRICS countries (Brazil, Russia, India, China and South Africa) have agreed for co-investment of resources for supporting multilateral R&D Projects in mutually agreed areas.
A joint Declaration called Moscow Declaration have been sighned to this effect at the 3^rd Meeting of BRICS Ministers for Science, Technology and Innovation held at Moscow.
This Declaration reflects BRICS partnership in addressing common global and regional socio-economic challenges, utilizing such drivers as science, technology and innovation (STI).
BRICS STI Minister agreed on the collaboration for: (i) cooperation within large research infrastructures, including mega-science projects; coordination of the existing large-scale national programme of the BRICS countries; (ii) development and implementation of a BRICS Framework Programme for funding multilateral joint research projects, technology commercialization and innovation; (iii) establishment of BRICS Research and Innovation Networking Platform.
BRICS STI Ministers also endorsed a BRICS Action Plan 2015-18 on BRICS Science, Technology and Innovation cooperation.
The 3^rd BRICS S&T Ministers Meeting endoresed India's proposal to host the BRICS Young Scientist Forum Secretariat in India with the Indian Department of Science and Technology as coordinating point.
The idea of creation of BRICS Young Scientist Forum for youth engagement was mooted by the Indian Prime Minister in VI^th BRICS Summit in Brazil in July 2014.

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