47. We express our satisfaction at the convening of the third BRICS Business Forum and the second Financial Forum and acknowledge their role in stimulating trade relations among our countries. In this context, we welcome the setting up of BRICS Exchange Alliance, a joint initiative by related BRICS securities exchanges.

48. We encourage expanding the channels of communication, exchanges and people-to-people contact amongst the BRICS, including in the areas of youth, education, culture, tourism and sports.

49. Brazil, Russia, China and South Africa extend their warm appreciation and sincere gratitude to the government and the people of India for hosting the fourth BRICS Summit in New Delhi.

50. Brazil, Russia, India and China thank South Africa for its offer to host the fifth BRICS Summit in 2013 and pledge their full support.

Delhi Action Plan

1. Meeting of BRICS foreign ministers on the sidelines of the UN General Assembly.

2. Meetings of finance ministers and central bank governors on the sidelines of G20 meetings/other multilateral (WB/IMF) meetings.

3. Meeting of financial and fiscal authorities on the sidelines of WB/IMF meetings as well as stand-alone meetings, as required.

4. Meetings of BRICS trade ministers on the margins of multilateral events, or stand-alone meetings, as required.

5. The third Meeting of BRICS Ministers of Agriculture, preceded by a preparatory meeting of experts on agro-products and food security issues and the second Meeting of Agriculture Expert Working Group.

6. Meeting of BRICS high representatives responsible for national security.

7. The second BRICS Senior Officials' Meeting on S&T.

8. The first Meeting of the BRICS Urbanization Forum and the second BRICS Friendship Cities and Local Governments Cooperation Forum in 2012 in India.

9. The second Meeting of BRICS Health Ministers.

10. Mid-term Meeting of Sous-Sherpas and Sherpas.

11. Mid-term Meeting of CGETI (Contact Group on Economic and Trade Issues).

12. The third Meeting of BRICS Competition Authorities in 2013.

13. Meeting of experts on a new development bank.

14. Meeting of financial authorities to follow up on the findings of the BRICS Report.

15. Consultations amongst BRICS permanent missions in New York, Vienna and Geneva, as required.

16. Consultative meeting of BRICS senior officials on the margins of relevant environment and climate related international fora, as necessary.

17. New areas of cooperation to explore:

(i) Multilateral energy cooperation within BRICS framework.

(ii) A general academic evaluation and future long-term strategy for BRICS.

(iii) BRICS Youth Policy Dialogue.

(iv) Cooperation in population-related issues.

(Source: www.fmprc.gov.cn)