WASHINGTON, D.C., USA - The 2nd Annual “Doing Business with the BRICS Conference” hosted by the Eurasia Center and the Eurasian Business Coalition in cooperation with World Trade Center Washington, D.C. (Ronald Reagan Building & International Trade Center) was a great success! The five BRICS (Brazil, Russia, India, China and South Africa) countries represent almost 3 billion people, with a combined nominal GDP of US$16 trillion and an estimated US$4 trillion in combined foreign reserves. The BRICS nations encompass 30 percent of the world’s territory and 42 percent of the world’s population. These new developments demand new business relations between the BRICS and the United States, as there are a lot of new business opportunities to explore with these nations. With the downturn in the emerging markets at the beginning of 2014, even more attractive opportunities for acquisitions and investment may be opening up in the BRICS. 

Panels addressed the vital topics of business, trade, energy and finance. The Conference included presentations on energy and natural resources, high technology, mergers and acquisitions, economic development and public support for investments. The current status and implications of trade sanctions on the Russia economy were also discussed.
Conference participants engaged with officials from Brazil, Russia, India, China, and South Africa who are seeking to expand trade, direct investments, business opportunities and open communication. Along with officials from the BRICS nations, there were executives and representatives from U.S. corporations and officials from U.S. Government agencies including the Department of Commerce.

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