Category: BRICS

The BRICS group (Brazil, Russia, India, China, and South Africa) will discuss the feasibility of a joint currency at an upcoming summit in Johannesburg in August. Naledi Pandor, South Africa’s Minister of Foreign Affairs, acknowledged that scheduling the discussion was prompted by calls from member states to move away ...

The Tunisian government angrily pushed back against both the International Monetary Fund and the European Union over how to resolve the North African country's twin economic and political crises. President Kais Saied bluntly told the IMF on Friday that he ...

Russia, China and South Africa will conduct trilateral naval exercises in South African waters from 17-24 February. The three navies conducted similar exercises in 2019, and China-Russia exercises took place in the East China Sea in December. The exercises will include force ...

South Africa's ruling African National Congress party said the government should use its position as chairman of the BRICS group to welcome new countries to the China-founded bloc. “The ANC and ANC-led government should support the expansion of BRICS by admitting ...

The Algerian Ministry of Foreign Affairs officially submitted its application this week to become a new member of the BRICS club. Algeria now joins a growing list of developing countries, including Argentina, Saudi Arabia, and Iran, that all want to join the Chinese-initiated group. ...

The United States will re-launch the Build Back Better World (B3W) initiative at next week's G7 conference with a new program that aims to provide an alternative to Chinese infrastructure financing in the Global South. National Security Advisor Jake Sullivan did not provide many details on the new ...

This week’s BRICS summit sets the stage for renewed wrangles around the bloc’s future role. The leaders of Brazil, Russia, India, China, and South Africa will meet virtually on Thursday to discuss cooperation on issues like health cooperation and the post-pandemic recovery.  However, despite ...

Foreign Ministers from the five-nation BRICS group agreed to support China's call to expand the bloc for the first time in more than a decade when South Africa was added. Member states said in a joint statement after the meeting that they agreed in principle to the move but ...

🇦🇷 Argentina could become a member of the BRICS group. Argentinian officials are joining a flurry of upcoming events with counterparts from Brazil, Russia, India, China, and South Africa, the bloc's five permanent members. Brazil and China reportedly support Buenos Aires joining the group. (MERCOPRESS) ...

As Russia is being squeezed by Western sanctions, it is reaching out to its partners in the BRICS bloc (Brazil, India, China, and South Africa) to allow transactions in their local currencies and to integrate payment systems. This follows the move ...

Russian Foreign Minister Sergey Lavrov (photo, second from left) met with ambassadors of the BRICS countries earlier this week to discuss the crisis in Ukraine. The meeting formed part of Moscow’s campaign to characterize the Western-led sanctions against Russia as unjust. The BRICS ...

In an odd alignment of diplomatic symmetry, the four non-Russian members of the BRICS group have all refused to join the global movement to condemn Russia for its assault on neighboring Ukraine. There's no evidence that any of these countries are coordinating their response with one another ...