The Union Cabinet on 30 December 2015 gave ex-post facto approval for signing of Memorandum of Understanding (MoU) among BRICS countries on BRICS Network University.
The MoU will help in developing pro-active cooperation among the BRICS nations for the purpose of enhancement of scientific research, higher education and information exchange.
It will also help in analysis and implementation of best practices, joint research programmes, and mobility of students, researchers and educators.
Earlier, in November 2015, the negotiations were held on the MoU during the 3rd BRICS Education Ministers meeting and Senior Officials meeting held in Mosco, Russia.
Negotiations to set up the BRICS Network University were initiated as per the Fortaleza Declaration. The declaration was issued on 15 July 2014 after the conclusion of the 6th BRICS Summit held in Fortaleza, Brazil.
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