14 September 2016 Current Affairs: The third edition of BRICS Urbanisation Forum Meet has started in Visakhapatnam, Andhra Pradesh. The three days conference was be inaugurated by Andhra Pradesh Chief Minister N. Chandrababu Naidu in the presence of Union Minister of Urban Development, M. Venkaiah Naidu.
In this edition of conference the delegates from the BRICS nations, Brazil, Russia, India, China and South Africa are participating. During the three-day deliberations, they will discuss investments, urbanisation, formation of new cities and others.
The conference will also discuss how to increase the productivity, how to make a separate urban finance system and creation of employment opportunities. Based on the discussions and deliberations ‘Vizag Declaration’ will be prepared, which will play a vital role in ministers’ conference of BRICS to be held on October 15 and 16, 2016 in Goa.