On 20 October 2015, Moscow hosted the first Meeting of the BRICS Heads of Industrial Authorities. The meeting focused on industrial cooperation between BRICS countries and new opportunities for growth.
“Proxy Centre” company accomplished such organizational tasks as online registration system elaboration, guests’ onsite accreditation, transport provision and buses delivery for the cultural programme, Liaison Officers’ assistance during preparation and events’ implementation processes, as well as visa support.
The parties developed a short-term action plan and discussed sensible approaches and instruments to implement essential projects, which would be growth points in cooperation between the five countries. Chinese Minister of Industry and Information technology Miao Wei proposed using the New Development Bank for investments in other countries and promoting cooperation between BRICS countries in developing technical standards and creating industrial parks, as well as in innovation and clean energy.
The agenda also included prospects for developing small- and medium-sized businesses in BRICS countries. Following the meeting, the parties signed the Declaration on Industrial Cooperation Between BRICS Countries.