<span style="color: #222222;">11th BRICS Summit will be held in Brazilian capital Brasilia from 13th of November. Throughout the first decade from inception, BRICS developed sectoral cooperations in different areas, such as science and technology, trade promotion, energy, health, education and innovation, bringing immense benefits to the BRICS societies.<br />''<br />''AIR correspondent reports that Since the first BRIC Summit in 2009 in Russia, the group advocated reform of global governance, especially through greater presence of emerging economies in international financial institutions.<br />''<br />'' In 2011, with South Africa joining the group, BRIC became BRICS and reached its current composition.<br />''<br />''The fourth summit in New Delhi, in 2012 called for the transparent and merit-based procedure for appointment of heads of international monetary institutions. 2013 Durban summit marked the start of BRICS outreach meetings alongside.  <br />''<br />''At the Fortaleza Summit held in Brazil in 2014, New Development Bank was created which has approved more than 10 billion dollars in infrastructure and renewable energy financing projects in the BRICS countries.<br />''<br />''A Contingent Reserves Arrangement was also created to provide mutual support to BRICS members during eventual crises of their balance of payments.<br />''<br />''The emphasis of the Brazilian Presidency in 2019 will be on promoting innovation; digital economy; increasing the reach of NDB and counter-terrorism measures.<br />''<br />''BRICS Innovation Network, BRICS Institute of Future Network and a Women Business Alliance will also be launched this year.</span><br />