BRICS nations sign four pacts

     Written by : IANS | Mon, Sep 04, 2017, 05:29 PM

BRICS nations sign four pacts

Xiamen (China), Sep 4: To boost cooperation in different areas, including economy and trade, BRICS member states on Monday signed four agreements at the 9th Summit of the five-nation bloc here.

The four documents are:

# BRICS (Brazil, Russia, India, China, South Africa) Action Agenda on Economic and Trade Cooperation;

# BRICS Action Plan for Innovation Cooperation (2017-20);

# Strategic Framework of BRICS Customs Cooperation;

# Memorandum of Understanding between the BRICS Business Council and the New Development Bank on Strategic Cooperation (NDB).

NDB is a multilateral development bank set up by BRICS.