BRICS members discuss multilateral framework on Social Security Agreement
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IANS
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BRICS countries.. Image Source: IANS News
New Delhi, May 13 : Brazil, Russia, India, China and South Africa (BRICS) nations have converged on devising a multilateral framework on the issue of Social Security Agreement (SSA).
Social Security Agreement would help the international workers to port their benefit to their home countries thereby preventing loss of their hard-earned money, said the Ministry of Labour and Employment.
"Further they will be exempted from contributing both in home as well as host countries."
The decisions were taken in the first BRICS Employment Working Group (EWG) meeting in which the member nations resolved to enter into dialogue and discussion with each other and take the issue forward towards signing of the agreements. The two-day virtual meeting concluded on Wednesday with India assuming BRICS Presidency this year.