This article was provided by Duane Dizon, expert on Strategic and Crisis Communications of International Digital Economies Association (iDEA). Membership in BRICS provides Indonesia with more diversified sources of loans, including access to the New Development Bank (NDB), which offers funding to accelerate infrastructure and energy projects that support its ambitious growth targets. BRICS membership… Continue reading Benefits of Indonesia’s accession to BRICS
Tag: BRICS New Development Bank (NDB)
Fulufhelo Netswera, South-African Scholar Professor: BRICS Countries to Focus on Energy and Food Security
Fulufhelo Netswera is the Executive Dean of the Faculty of Management Sciences at Durban University of Technology (DUT). He is a South African scholar and the head of the BRICS Research Institute. Fulufhelo Netswera is the author of numerous publications dedicated to the key aspects of BRICS development. In his works, Professor emphasises the importance… Continue reading Fulufhelo Netswera, South-African Scholar Professor: BRICS Countries to Focus on Energy and Food Security
Belarus Intends to Join BRICS New Development Bank
First Deputy Foreign Minister of Belarus Sergey Lukashevich met with President of the New Development Bank (NDB) Dilma Rousseff. This is reported by BelTA, a partner of TV BRICS, with reference to the press service of the country’s Ministry of Foreign Affairs. The meeting was held at the NDB headquarters in Shanghai. The Belarusian delegation included… Continue reading Belarus Intends to Join BRICS New Development Bank
How BRICS Strengthens Regional Digital Trade
The BRICS nations are constructing a fresh model for cross-border e-commerce. Through initiatives like the BRICS Pay System and a proposed independent financial infrastructure, BRICS is moving beyond merely participating in the global economy. BRICS Pay: secure, cost-effective solution for global digital tradeThe 14th BRICS Trade Ministers Meeting in July 2024 affirmed this direction, recognising… Continue reading How BRICS Strengthens Regional Digital Trade
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, Vice-President of the Council of the Association of Banks of Russia, and a member of the Financial Sector Working Group of the BRICS Business Council. He graduated from the Moscow Finance Institute, worked in banking, analytical and administrative spheres in… Continue reading Oleg Preksin, Member Of BRICS Business Council: Creation Of New International Payment System Is Among The Priorities Of Association
Investment Opportunities Of The BRICS Countries
The BRICS group was established in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2011. On 1 January 2024, Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia joined the group. In the same year, Russia hosted the Kazan Summit, where these countries participated as full members for the first time. One… Continue reading Investment Opportunities Of The BRICS Countries
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… Continue reading BRICS PLUS: Enhancing Global Economic Multilateralism And Inclusivity
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… Continue reading Russian Foreign Minister Sergey Lavrov: BRICS Countries Increase Their Influence In The G20
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… Continue reading Interview: BRICS Mechanism Conducive To Cooperation Among Developing Countries – UN Economist
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,… Continue reading Interview: BRICS Provides Alternative Funding, Diplomacy Options For Developing Countries, Says Expert