Current Affair Diary 16/09/2020

International relations


✓The 5th BRICS Culture Ministers’ Meeting was held through a video conference.

✓Impact of the Covid-19 situation on the cultural sphere in the BRICS countries was discussed.

✓Possible implementation of joint cultural online-projects within BRICS was reviewed.

✓India also suggested exploring possibilities of hosting a Digital Online Exhibition on a shared theme towards the end of 2021 under the auspices of BRICS Alliance of Museums.

✓The National Gallery of Modern Arts, New Delhi will host the BRICS Joint Exhibition titled ‘Bonding Regions & Imagining Cultural Synergies’ under the auspices of the BRICS Alliance of Art Museums and Galleries in 2021.

✓BRICS is an association of Brazil, Russia, India, China and South Africa.

✓Bilateral relations among BRICS nations are conducted on the basis of non-interference, equality, and mutual benefit.

✓There are two components that make up the financial architecture of BRICS: (1) New Development Bank (NDB) (BRICS Development Bank); (2) Contingent Reserve Arrangement (CRA).



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