BRICS Innovation Cooperation Action Plan (2021-24)
Source : PIB
International Relation

What is discussed under BRICS Innovation Cooperation Action Plan (2021-24) ?

1. About the Plan
2. About BRICS

Why in News ?

All BRICS countries have agreed to the STI-led BRICS Innovation Cooperation Action Plan (2021-24) proposed by India during 12th Meeting of BRICS S&T Steering Committee.

• Department of Science and Technology (DST), India, hosted the 12th Meeting of BRICS S&T Steering Committee.
• Scientific ministries and agencies of all BRICS countries participated in it.

Key Facts

• Indian had proposed the plan to facilitate sharing of experiences of each other’s innovation ecosystem and

  

  networking of innovators and entrepreneurs.

• The Details of the Action Plan would be worked out by BRICS Science, Technology Innovation Entrepreneurship partnership (STIEP) Working Group.
• It was agreed that the proposal may be forwarded to BRICS STIEP working group through the respective country’s STI focal point.
• Call for proposals at the meeting and unanimously agreed for collaboration in ten thematic areas.
• The thematic areas included
  1. Transient Astronomical Events and Deep Survey Science,
  2. Antimicrobial Resistance (AMR): Technologies for Diagnosis and Treatment,
  3. Simulation and Big Data Analytics for Advanced Precision Medicine and Public Healthcare,
  4. HPC and Big Data for Sustainable Development: Solving Large Scale Ecological, Climate and Pollution Problems,
  5. Innovation and Entrepreneurship on Photonic, Nanophotonics, and Metamaterials for Addressing Bio-medicine, Agriculture,
  6. Food Industry and Energy Harvesting Issues,
  7. Materials Science and Nanotechnology for Addressing Environmental, Climate Change, Agricultural, Food, and Energy Issues,
  8. Renewable Energy including Smart Grid Integration,
  9. Ocean and Polar Science
  10. Technology Water Treatment Technology Research in Aeronautics and Aerospace.
• These areas have been recommended by different thematic Working Groups.
• All countries agreed to thematic areas proposed by India for 6th edition of BRICS Young Scientist Conclave.
  • It will be held in Bangalore during September 2021.
  • The three themes to be discussed at the conclave include Healthcare; Energy Solutions, Cyber-Physical System (CPS), and their applications.

About BRICS

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• The acronym for five major emerging economies: Brazil, Russia, India, China, and South Africa.
• The grouping has held annual summits since 2009.
• New Development Bank (NDB) is a multilateral development bank established by the BRICS states.

Headquarters	Shanghai, China
Membership	Brazil  Russia  India  China  South Africa
Official language	English

• BRICS Contingent Reserve Arrangement (CRA) is a framework for providing protection against global liquidity pressures.
• Bangladesh has been formally invited to join the organization in 2020.
• BRICS countries signed a letter of intent to cooperate in the Information and Communication Technology sector.

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