BRICS Business Council calls for supply-chain resilience framework, deeper co-operation in AI
The BRICS Business Council has called for a supply-chain resilience framework and deeper co-operation in artificial intelligence, digital infrastructure and advanced manufacturing. The Council presented a report with recommendations focused on strengthening resilience, innovation, cooperation and sustainability, intended as a guide for the four pillars of India's BRICS Chairmanship. The report also emphasises paperless trade, electronic documentation, greater interoperability among digital systems, and identifies opportunities for cooperation on green hydrogen, biofuel, sustainable aviation fuel, and low-carbon fuels.
Why it matters: The Council's recommendations on supply-chain resilience and technology cooperation reflect the theme of global economic governance and trade, as BRICS economies representing around 40 per cent of global GDP seek to strengthen information sharing and preparedness during disruptions.