8th BRICS summit
| 8th BRICS summit आठवाँ ब्रिक्स शिखर सम्मेलन |
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| Host country | India |
| Date | 15–16 October 2016 |
| Venue(s) | Taj Exotica |
| Cities | Benaulim, Goa |
| Participants |
BRICS members Guest invitees: BIMSTEC members |
| Chair | Narendra Modi |
| Follows | 7th BRICS summit |
| Precedes | 9th BRICS summit |
| Website | BRICS India 2016 |
The 2016 BRICS summit was the eighth annual BRICS summit, an international relations conference attended by the heads of country or heads of government of the five member countries Brazil, Russia, India, China and South Africa. The summit was held from 15 to 16 October 2016 at the Taj Exotica hotel in Benaulim, Goa, India. India holds the chair of the BRICS from February 2016 to December 2016.
In July 2015, during the 7th BRICS summit, it was announced that India will host the 8th BRICS summit in 2016. In March 2016, Goa was announced as the venue of the summit.
The first BRICS film festival was held at New Delhi from 2 September to 6 September 2016. The five-day film festival screened four films each from the participating states.
The environment ministers of BRICS states held a meeting on 16 September in Goa and they agreed on a memorandum of understanding and announced the setting up of a joint working group institutionalising their mutual cooperation on environment related issues. The agriculture ministers of BRICS nations held a meeting on 23rd September in New Delhi.
The first trade fair of the BRICS countries, was held at Pragati Maidan exhibition ground, New Delhi from 12 to 14 October. Controversially, China skipped the event over trade barriers, but was read in the media in India as a snub amidst a diplomatic row following the latter's veto over India's request to name JeM leader Masood Azhar to the UN as a "designated terrorist."
The first BRICS U-17 Football Cup was held at Goa from 5th to 15 October.
A statement was issued that read the member states "strongly condemn terrorism in all its forms and manifestations and stressed that there can be no justification whatsoever." The group had also decided to set up a credit rating agency at some point in the future. They also called on the BRICS' New Development Bank to focus on funding specific development priorities and to create a network of angel investors. Other agreements included to set up research centres in the fields of agriculture, railways and a BRICS sports council.
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