This panel examined the implications of the Covid-19 pandemic on trade, particularly on global supply chains and explored how BRICS countries can cooperate to reduce disruptions and streamline regulations for trade in goods and services.
The panel suggested there was a need for more exchange of statistical data and greater emphasis on leveraging the strategy for the 2025 BRICS Economic Partnership. This strategy, which was adopted by the BRICS summit in November 2020, defines
a development path for the BRICS and sets a framework for cooperation among its members.
The panel agreed to facilitate cooperation among stakeholders, including agencies, business associations, youth, women, elderly people and people with disabilities to prepare joint proposals and pilot projects and exchange best practices and experience.