While the Eurozone is in crisis and the US and other advanced economies remain weak, the emerging powerhouse markets of Brazil, China, India, Russia and South Africa (BRICS) are forecast to deliver strong economic growth in 2012 and are well positioned to weather a global downturn. Fast-growing trade between the BRICS countries and South-South trading is becoming a key driver for global economic growth.
In this session economists will sit alongside leaders from industry and transport to examine the BRICS economies, the current and forecast patterns and activity of trade in and between the countries as well as hinterland infrastructure development and linkages to support this.
The panel will review and discuss the outlooks and ideas presented and what opportunities and challenges they open up to the world of ports and shipping.
Latest speakers to confirm include:
- Rajiv Biswas, Chief Asia economist, IHS Global Insight
- Ross Bruton, Research Analyst, South Africa, Frost & Sullivan
- Carlos Machado, Representative of Banco do Brasil in the MENA region, Turkey and India
- Malay Mukherjee, CEO, Essar Steel
- Katharine Pulvermacher, Associate Director, CEMEA, The Economist Group
- Shri L. Radhakrishnan, Chairman, Jawaharlal Nehru Port Trust
Topics to be discussed include:
- How is South-South trade evolving?
- Movements of both imports and exports in BRICS countries
- How consumer demand and the growth or constriction of wealth will affect imports
- What will be the growth or decline for these products? Which existing markets will weaken? Where will the new markets be?
- Update on current port and hinterland infrastructure in BRICS countries and planned/future investment
Location and timing:
Workshop Theatre
Tuesday 3 April 2012, 14:00 – 15:30
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