CONNECT | COLLABORATE | CONTRACT
establishing the BRICS WBA
The initiative of establishing the BRICS Women’s Business Alliance (WBA) was proposed at the First International Women’s Congress of the Shanghai Cooperation Organization (SCO) and the BRICS member states on July 4, 2017. In the framework of the Russian BRICS Chairmanship, the Inaugural Meeting of the BRICS WBA took place on July 20, 2020.
2017
JULY 4, 2017, NOVOSIBIRSK
NOVOSIBIRSK The idea of creating women’s business alliance was proposed by business community at the First International SCO and BRICS Women’s Forum in the summit of 2017
SEPTEMBER 2017, SHANGHAI
SHANGHAI Russian initiative to create a Women’s Business Alliance was supported at the BRICS Business Council meeting with endorsement by the Russian president Vladmir Putin in his article ahead of the Summit
2018
JULY 2018
The initiative to create the Alliance was included in the 10th BRICS Summit Johannesburg Declaration
SEPTEMBER 2018
Presentation and subsequent support for the creation of the Alliance at the Second Eurasian Women’s Forum
2019
NOVEMBER 2019
In the BRICS Summit Brasilia Declaration, the leaders welcomed the establishment of the BRICS Women’s Business Alliance
2020
JULY 20, 2020 – ONLINE FORMAT
The first meeting of the BRICS Women’s Business Alliance Bilateral virtual series with the leaders of the national chapters of the Alliance.
OCTOBER 2020
Presentation and subsequent support for the creation of the Alliance at the Second Eurasian Women’s Forum
AIMS | OBJECTIVES | ALLIANCE AREAS
THE BRICS WBA AIMS
- Actively cooperate in order to increase the participation of women in the economic processes of the five countries.
- Inclusion of women owned businesses in global value chains
OBJECTIVES OF BRICS WBA
Actively cooperate in order to increase the participation of women in the economic processes of the five countries. Ensuring the expansion of women’s business networks in and among the five BRICS countries.
- The work of the Alliance will be organized similar to the BRICS Business Council functioning.
- Every national chapter of the Alliance will include five representatives per each BRICS country, led by women who have founded their own businesses or are CEOs of large enterprises, have overcome main barriers and aiming at entering international markets
ALLIANCE AREAS OF COOPERATION
- Innovative Development
- Healthcare
- Food Security
- Environmental Safety
- Inclusive Economy
- Creative Industries
- Tourism
- Mining
- Trade
- Investment
The fields of cooperation are determined taking into account the interests of the members of the national chapters of the Women’s Business Alliance and aligned with the BRICS Business Council
OUR VALUE PROPOSITION ENCOMPASSES THE FOLLOWING KEY ELEMENTS
Women-owned and MSME business representation within BRICS and Africa.
Trade and Investment, Capacity Building, and Technology transfer partnerships.
Intra-BRICS Facilitation of Public-Private Sector Partnerships.
Project Packaging Advisory and service provision through member companies
Implementing Sector-Specific and Economy-Aligned Capacity Development Initiatives via Member Companies
Supporting and advocating for women economic advancement initiatives.
