Leaders set to fine-tune incubator network, startup fund, supply chain cooperation framework
During the BRICS Leaders’ Summit, leaders from 32 nations and organizations are expected to finalize plans for a BRICS Incubator Network, a Startup Innovation Fund, and a Logistics Supply-Chain Cooperation Framework. The summit, hosted by Prime Minister Narendra Modi, will take place on September 12 and 13. Notable attendees include Chinese President Xi Jinping, Russian President Vladimir Putin, and leaders from Egypt, Indonesia, Iran, the UAE, South Africa, Saudi Arabia, and Ethiopia.
India's PM Anwar Ibrahim, Kazakhstan's President Tokayev, and Vietnam's Prime Minister Lee Minh Hung will represent their countries. Vietnam will also chair ASEAN, while Bahrain's Foreign Minister will lead the Gulf Cooperation Council. World leaders UN Secretary-General Guterres, WHO chief Tedros, and New Development Bank’s president Roussef will also participate.
The BRICS Incubator Network aims to connect national agencies, incubators, and startups across member countries, while the Startup Innovation Fund will provide financial support for early and growth-stage startups. The Logistics Supply-Chain Cooperation Framework seeks to enhance supply chain resilience and sustainability by promoting technical exchange, knowledge-sharing, and capacity-building.
Written by urgent.news from The Indian Express - India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
