BRICS

BRICS and the New Development Bank: 2024 Progress Report and Potential Expansion

BRICS, Economy, Finance, Infrastructure, Investment

The Russian President, Vladimir Putin, has met with the President of the BRICS New Development Bank (NDB), Dilma Rousseff. The NDB acts as a BRICS development platform and invests in infrastructure projects, often in the green sector, in BRICS nations. Equity investors include Algeria, Bangladesh, Brazil, China, Egypt, India, Russia, South Africa, United Arab Emirates,

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BRICS-Guterres

UN Secretary-General To Attend BRICS Summit As A Powerful Multipolar Group Emerges

Africa, BRICS, China, Economy, India, Infrastructure, Trade

The Secretary-General of the United Nations (UN), Antonio Guterres, is to attend the 2024 BRICS Heads of State summit, which kicks off today (October 22) in Kazan, Russia. The UN is an official observer to the group, however Guterres personal participation sends a strong signal that the BRICS is very much now part of what

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Turkiye-Russian Flag

Russia Wants To Set Up Transport and Logistics Hubs In Turkiye’s Azov and Black Sea Regions

BRICS, Infrastructure, Logistics & Transport, Trade

Yevgeny Pakhomov, Russia’s deputy director of the international cooperation and foreign trade licensing department at the Ministry of Industry and Trade has said that Russia is interested in creating industrial “points of presence” in Turkey to develop exports and cooperation. He said “We don’t regard points as just manufacturing facilities themselves, but also the creation

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Russia Wants Africa, Brazil, and India Permanently Represented On The United Nations Security Council

Africa, BRICS, India, Latin America, Security

Russia believes that Africa, Brazil, and India should be represented in the UN Security Council on a permanent basis, to ensure the representativeness of the global majority, Russian Foreign Minister Sergey Lavrov has stated. Lavrov said “Countries such as India, and Brazil, as well as representatives of Africa, should have been on a permanent basis

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Russia Proposes Intra-BRICS Grain Trading Platform

Agriculture, BRICS, Finance, Trade

Russia is suggesting to fellow BRICS countries that the organisation establishes a grain exchange system, a proposal that would give Moscow greater control over international prices for its agricultural exports. Frustrated by low global wheat prices, Russia, the world’s largest wheat exporter, has attempted to limit exports at low prices through international intermediaries. Moscow recommended

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