7^th Meeting of BRICS Trade Ministers held in Shanghai

(1 – 2 August 2017) 

The 7^th Meeting of BRICS Trade Ministers was held in Shanghai from 1-2 August. 

2.      A six-member delegation led by Minister of State (I/C) Commerce and Industry Smt. Nirmala Sitharaman, along with Ambassador J.S. Deepak, PR to WTO, Mr. Dammu Ravi, JS, Ms. Anu P Mathai, Economic Adviser, Mr. A. Bipin Menon, Director, Department of Commerce and Mr. Vipul Bansal, PS to CIM along with EOI Beijing and CGI Shanghai officials participated in the meetings. 

3.  Mr. Zhong Shan, Minister of Commerce from China, presided over the meetings. The other delegations were represented by Mr. Rob Davies, Minister of Trade and Industry (South Africa), Mr. Marcelo Maia Tavares de Araujo, Secretary of Commerce and Services of Ministry of Industry (Brazil) and Mr Maxim Oreshkin, Minister of Economic Development (Russia). 

4.    A collective courtesy call on Vice Premier Wang Yang was also organized for the BRICS Trade Ministers on 2^nd August forenoon. Separately, a bilateral meeting between Commerce and Industry Minister (CIM) and Chinese Commerce Minister was also held on 1^st August forenoon. 

5.      The Ministers adopted the following documents at the conclusion of the meeting: 

• 7^th BRICS Trade Ministers’ Joint Statement
• BRICS Trade in Services Cooperation Roadmap
• BRICS E-Commerce Cooperation Initiative
• BRICS IPR Cooperation Guidelines
• Framework on strengthening the Economic and Technical Cooperation of BRICS Countries  
• Terms of Reference (ToR) of BRICS Model E-Port Network
• Outlines for BRICS Investment Facilitation

 Shanghai

2^nd August 2017