BRICS New Development Bank (NDB)
Belarus Intends to Join BRICS New Development Bank
First Deputy Foreign Minister of Belarus Sergey Lukashevich met with President of the New Development…
How BRICS Strengthens Regional Digital Trade
The BRICS nations are constructing a fresh model for cross-border e-commerce. Through initiatives like the…
Oleg Preksin, Member Of BRICS Business Council: Creation Of New International Payment System Is Among The Priorities Of Association
Oleg Preksin is Deputy Chairman of the Board of the Russian Financial and Banking Union,…
Investment Opportunities Of The BRICS Countries
The BRICS group was established in 2006 by Brazil, Russia, India, and China, with South…
BRICS PLUS: Enhancing Global Economic Multilateralism And Inclusivity
Since its inception, the BRICS cooperation mechanism has committed itself to promoting global economic multipolarity and advancing the process of economic globalization. In an era marked by faltering global economic recovery, uneven development, and widening development gaps, BRICS has become an even more crucial platform for fostering cooperation and shared growth among the nations of the Global South. With its principles of openness, inclusivity, and win-win collaboration, the BRICS spirit has become a banner for South-South cooperation. The expansion of…
Russian Foreign Minister Sergey Lavrov: BRICS Countries Increase Their Influence In The G20
Speaking at a press conference on the results of the G20 summit in Brazil, Russian Foreign Minister Sergey Lavrov described the results of the summit as positive. According to him, important agreements were reached.The Russian Foreign Minister noted the strengthening of the role and influence of BRICS in the G20.”This was visible in New Delhi at last year’s summit and the year before in Indonesia. And here (at the G20 summit in Rio de Janeiro – Ed.) it became especially clear,”…
Interview: BRICS Mechanism Conducive To Cooperation Among Developing Countries – UN Economist
The BRICS mechanism plays a key role in promoting cooperation among developing countries and emerging markets against the background of global geopolitical turmoil, said a UN senior economist. The BRICS countries have become an important force in the world economic landscape, and their development experience is worth learning for the Global South countries, said Liang Guoyong, a senior economist with the United Nations Conference on Trade and Development, in a written interview with Xinhua. Cooperation in various fields among the…
Interview: BRICS Provides Alternative Funding, Diplomacy Options For Developing Countries, Says Expert
BRICS has provided more funding options to support development in emerging economies and strengthened the voices of the Global South in international relations, said a South African expert. Emmanuel Matambo, research director of the Center for Africa-China Studies at the University of Johannesburg, made the remarks during a recent interview with Xinhua. Economically, Matambo noted, BRICS has provided alternative funding options for emerging markets and developing countries, allowing them to address issues like infrastructure development, energy crises, and climate change.…
Xi Advocates High-Quality Development Of Greater BRICS Cooperation
Chinese President Xi Jinping on Wednesday called on BRICS countries to work for high-quality development of greater BRICS cooperation. Xi made the remarks when addressing the 16th BRICS Summit held in Kazan, Russia. Russian President Vladimir Putin chaired the summit, which was also attended by Egyptian President Abdel-Fattah al-Sisi, Ethiopian Prime Minister Abiy Ahmed, Indian Prime Minister Narendra Modi, Iranian President Masoud Pezeshkian, South African President Cyril Ramaphosa, the United Arab Emirates’ President Sheikh Mohamed bin Zayed Al Nahyan. Brazilian…
Interview: BRICS Economies Have Great Potential, Capacity For Growth – Rousseff
The New Development Bank serves as a significant platform for international cooperation that transcends the territorial boundaries, said Dilma Rousseff, president of the bank. The BRICS countries are powerful economies with great potential and capacity for growth, Dilma Rousseff, president of the New Development Bank (NDB), has told Xinhua. “Measured by GDP, the BRICS countries have already surpassed the G7 in importance,” said the former Brazilian president. BRICS is an acronym for Brazil, Russia, India, China, and South Africa, five…
BRICS For Greater Say Of Global South
Three months after its expansion decision, BRICS convened in November 2023 an extraordinary joint summit on the Gaza situation with leaders of invited members, as well as UN Secretary-General Antonio Guterres. That was a first-of-its-kind meeting for the group. The meeting, as Chinese President Xi Jinping said, marks “a good start” for greater BRICS cooperation following its enlargement. Commenting on this summit, Al Jazeera said that leading countries of the Global South are looking for “a greater say in a…
Russian Presidential Aide Ushakov Speaks About Programme Of XVI BRICS Summit In Kazan
The BRICS summit in Kazan will be attended by representatives of 36 countries and 6 international organisations. This was announced by Russian Presidential Aide Yury Ushakov at a briefing on 21 October. He said that the meeting of delegations of the BRICS countries will be held on 22 October. It will start with an informal lunch in the Kazan City Hall, and in the morning of 23 October a meeting of the BRICS member states will be held. “It is…
Greater BRICS Spearheads Global South Cooperation As Leaders Meet In Kazan
Chinese President Xi Jinping will attend the 16th BRICS Summit on Oct. 22-24 in the Russian city of Kazan at the invitation of Russian President Vladimir Putin. BRICS is an acronym for Brazil, Russia, India, China, and South Africa, five major emerging markets with considerable economic potential. It has now evolved into an influential international cooperation mechanism with an expanded membership. Over the past 18 years, China has upheld the BRICS spirit of openness, inclusiveness, and win-win cooperation and helped…
BRICS Bank To Finance Its Members’ Projects In Local Currencies
The New BRICS Development Bank (NDB) is set to launch payments in local currencies to invest in the private sector of the economies of the grouping’s member states, according to a statement by the financial institution’s president Dilma Rousseff. This is reported by Brasil 247, a partner of TV BRICS. The NDB director identified three main areas of focus for the bank in the coming years: sustainable development and technology transfer. The second is the expansion of the bank’s activities in…