BRICS Nations

BRICS Nations Split on China’s BRI: Brazil Aligns with India in Chilling Beijing’s Hopes

As Chinese President Xi Jinping prepares for an official visit to Brazil on November 20, the South American nation has stirred significant international attention by formally rejecting China’s Belt and Road Initiative (BRI). With this move, Brazil becomes the second...
16th BRICS summit. Group photo of heads of delegation

BRICS Expansion: A New Era in Global Power Dynamics Unfolds

The BRICS coalition concluded its three-day summit in Russia on Thursday, signaling the rise of a formidable counterweight to Western-led alliances and the emergence of a “different kind of international order,” according to foreign policy experts. Initially comprising Brazil, Russia,...
BRICS countries

China’s Vision for Strengthened BRICS Economic Cooperation: Establishing China Center for Cooperation on Development of Special Economic Zones

In a significant stride towards fostering deeper collaboration and economic integration among the BRICS nations, China has announced the establishment of a China Center for Cooperation on Development of Special Economic Zones (SEZs) across BRICS countries. This innovative move, which...
16th BRICS Summit are displayed in Kazan, Russia

China’s Vision for Strengthened BRICS Economic Cooperation: Establishing China Center for Cooperation on Development of Special Economic Zones

In a significant stride towards fostering deeper collaboration and economic integration among the BRICS nations, China has announced the establishment of a China Center for Cooperation on Development of Special Economic Zones (SEZs) across BRICS countries. This innovative move, which...
Narendra Modi, Xi Jinping

India and China Reach Milestone Agreement on Border Dispute: A Step Towards De-escalation

India and China have reached an agreement on patrolling arrangements along their disputed Himalayan border, marking a pivotal step towards resolving the ongoing military standoff that began in 2020. This breakthrough could signal the easing of tensions between the two...
Recep Tayyip Erdogan-Vladimir Putin

Turkey’s Bid to Join BRICS: A Diplomatic Balancing Act Between East and West

Turkey has formally submitted a request to join BRICS, a group of emerging-market economies. This request signals Turkey's intent to diversify its partnerships beyond its traditional Western alliances, particularly those within NATO and the European Union. The BRICS grouping, which...
Vladimir Putin attend BRICS business forum in Moscow, Russia

BRICS Summit in Kazan: Russia Defies Isolation with Global Support from Key Leaders

Russian President Vladimir Putin will host a high-profile summit in the city of Kazan, marking a critical moment in global geopolitics. He is set to meet with an array of world leaders, including China’s Xi Jinping, India’s Narendra Modi, Turkey’s...
Russia-Kazakhstan

Russia Bans Agricultural Imports from Kazakhstan, Refusal to Join BRICS

Russia's agricultural safety watchdog, Rosselkhoznadzor, announced this week a temporary ban on several key agricultural imports from Kazakhstan. The banned items include tomatoes, peppers, fresh melons, wheat, flax seeds, and lentils, highlighting a growing strain between the two neighboring countries....
Russian economy

Russia Looks to Strengthen BRICS Bloc with Alternative Payment System to Counter Western Sanctions

As Russia prepares to host the 16th BRICS Summit in Kazan from October 22 to 24, President Vladimir Putin is pushing an ambitious agenda aimed at reshaping the global financial system. Central to these efforts is a proposal to establish...
Algeria

Algeria Boosts Financial Ties with BRICS Nations with $1.5 Billion Investment in BRICS Bank

Algeria has announced plans to invest $1.5 billion to purchase shares in the BRICS New Development Bank (NDB) while pulling back its bid for full membership in the BRICS economic alliance. President Abdelmadjid Tebboune made these revelations during an interview...
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