BRICS Should Focus on Job Generation, Investments - Brazil's Chair

Brazil's Chair of the BRICS Business Council said the union should focus on investments and job generation.

GOA (Sputnik) — Creating new work places and boosting intra-BRICS investments with the help of national governments should be the main focus of the group's Business Council at Goa summit, Jose Rubens de la Rosa, Brazil's Chair of the BRICS Business Council, told Sputnik.

"We should focus on investments and job generation intra-BRICS, using the competitive advantages of each country. There is a plenty of room for investments in infrastructure, manufacturing, and also sustainable agribusiness and energy. The national governments should improve the cooperation in order to facilitate investments," Rubens de la Rosa said.

BRICS Business Council meets on the sidelines of the summit of the five-nation BRICS, which will take place in Goa on October 15-16 in order to come up with solutions to boost intra-BRICS economic cooperation.

The BRICS Business Council is a platform which serves to promote business, trade and investment ties between the BRICS member states. It was established in 2013 during the Fifth BRICS Summit in South Africa.