24-October, 2018 13:14 IST
Memorandum of Understanding (MoU) amongst BRICS nations regarding cooperation in the social and labour sphere
Ex-post facto approval for the Memorandum of Understanding (MoU) among Brazil, Russian Federation, India, China, South Africa, regarding Cooperation in the Social and Labour Sphere.The Memorandum of Understanding (MoU) was signed on 3rd August, 2018 during BRICS Labour and Employment Ministers (LEM) Meeting.
Details:
In the Memorandum of Understanding (MoU) , the parties including India have agreed to cooperate and hold mutual events in the prominent areas viz. labour legislation and enforcement, protection of workers' rights with focus on vulnerable groups, Employment and labour market policies, Professional education, skills and training and Social protection. The member countries may utilize the BRICS Network of Labour Research Institutes and BRICS Social Security Cooperation Framework for cooperation on Social Security and other labour issues.
The Memorandum is not an International Treaty and does not create rights and obligations for the parties governed by international law.
Major Impact:
The Memorandum of Understanding (MoU) provides a mechanism for cooperation, collaboration and maximum synergy amongst BRICS member countries with the common objective of inclusive growth and shared prosperity in the newindustrial revolution. This would facilitate member countries to share knowledge and also implement joint programmes on .matter of Labour and Employment, Social Security and Social dialogue. This would also ensure networking of international Training Centre of International Labour Organisation (ILO) with the BRICS Network of Labour Institutes which includes V.V. Giri National Labour Institute of India. This network would specifically focus on the theme of youth employment and research on new forms of employment. This network will also explore new learning technologies, including virtual network to deepen cooperation, exchange of information and capacity building. The BRICS Social Security cooperation framework will deepen social security cooperation among BRICS nations and would facilitate cooperation for improvement of social security systems and social security agreements among member countries.
Background:
The 2nd meeting of BRICS Employment Working Group was held on 30th July to 1st August 2018 and BRICS Labour and Employment Ministerial meeting took place from 2nd August, 2018 to 3rd August, 2018 under the South African Presidency in Durban, South Africa. The Draft Memorandum of Understanding (MoU) between BRICS countries regarding cooperation in the social and labour sphere was discussed, deliberated and finalized in the BRICS EWG meeting held between 30th July and 1st August 2018 and was signed by respective labour Ministers of BRICS member countries on 3rd August 2018. The provisions of the Memorandum of Understanding (MoU) clearly indicate its objectives as cooperation in thenature of successful sharing of policy measures; exchange programmes; consultations; expert meetings and conference etc. in the social and labour sphere.
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NW/AKT/SH
24-October, 2018 13:09 IST
Memorandum of Understanding among BRICS Nations on Environmental Cooperation
Ex-post facto approval for Memorandum of Understanding (MoU) signed among the BRICS Nations on Environmental Cooperation. The MoU was signed during the 10th BRICS Summit in July, 2018 in Johannesburg, South Africa.
The Memorandum of Understanding (MoU) identifies the following stress of cooperation:
a) Air quality;
b) Water;
c) Biodiversity;
d) Climate Change;
e) Waste Management;
f) Implementation of the 2030 Agenda for Sustainable Development and Sustainable Development Goals; and
g) Other areas of cooperation as mutually agreed upon by the Participants.
The Memorandum of Understanding (MoU) will enable establishment and promotion of closer and long-term, cooperation between the BRICS countries in the field of environment protection and management of natural resources on the basis of equity, reciprocity and mutual benefits, taking into account the applicable Jaws find legal provisions in each country.
The concerns of rising environmental issues are not limited to any country hut pose a serious challenge to the entire Globe. The Memorandum of Understanding (MoU) acknowledges the responsibility of the BRICS nations, an association of the five major economies of the world i.e. Brazil, Russia, India, China and South Africa comprising of more than 40% of the population of the world, towards the protection, preservation and sustainability of the Environment.
The Memorandum of Understanding is expected to bring in the latest technologies and best practices suited for bringing about better environment protection, better conservation, and better management of climate change and wildlife protection/conservation. The Memorandum of Understanding (MoU) shall facilitate exchange of experiences, best practices and technical knowhow through both public and private sectors among the participating BRICS nations and shall contribute to sustainable development, protection and preservation of Environment. The Memorandum of Understanding also provides the possibility to have projects in areas of mutual interest.
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NW/AKT/SH
