"Trade among the BRICS countries has shown progressive growth over the past decade. Although foreign direct investment (FDI) flows in all of the countries have increased, intra-BRICS flows do not correlate with trade figures. Overall, there is less clarity on specific detail of FDI flows among the five countries, and on how they can be encouraged. With respect to outward FDI, there seems to be little strategic policy direction. The policy briefing outlines the existing outward investment motivations and destinations for each of the countries, and the historical sources of FDI for the BRICS. It provides a series of policy recommendations, which are aimed at enhancing FDI flows among the BRICS."