BRICS round-up 29 March 2024

In this week’s round-up: Macron makes nuclear offer to BRICS nation; Why Cambodia should join BRICS; China’s Jiangsu reports record foreign trade with BRICS members; China’s BRICS partner investigates Chinese imports, and more.

BRICS wants to shape global AI governance

The BRICS group has long sought to challenge Western domination of technologies and infrastructures. Some of its proposed initiatives, such as laying an undersea communications cable that would bypass the U.S. and Europe, and reported discussions, like the idea of creating its own internet, have not materialised. But the group’s technological ambitions have gained traction in other areas.

eSwatini ready to join BRICS

“If China does not object in anyway, this would be the best time for Eswatini to join this alliance (BRICS).” This is the advice from the Political Department of the Ministry of Foreign Affairs and International Cooperation. However, the ministry’s political analysts said Eswatini’s alliance with BRICS could be ideal on condition it would not offend Taiwan.

Why Cambodia should join BRICS

Cambodia, positioned as an evolving nexus within the Mekong region, stands to gain significant advantages from the ascendancy of the BRICS countries, which are central to the Global South’s framework. At the Global South summit in January 2023, Indian Prime Minister Narendra Modi articulated the region’s potential impact: “We, the Global South, hold the most substantial stakes in what the future holds. As the global governance model, established over eight decades ago, gradually evolves, it is imperative that we endeavor to influence the emerging world order.”

Buenos Aires Governor Kicillof turns to BRICS for financial help

The governor of the Argentine province of Buenos Aires Axel Kicillof held a video conference with BRICS bank chairwoman and former Brazilian President Dilma Rousseff to “strengthen collaboration ties and discuss investment opportunities” for the country’s largest territory, according to a statement from the Peronist/Kirchnerite leader’s office.

Artemis BRICS – Can the Global South shape the Moon Accords?

The Artemis Accords, boasting a membership of 36 nations, encompass a diverse array of Western and non-Western states, with signatories from Latin America, the Asia-Pacific region, Africa, and the Middle East. Notably, key members of the Artemis Accords, including Brazil, India, and the UAE, also hold membership in BRICS.

China’s BRICS partner investigates Chinese imports

Brazil’s industry ministry has ordered at least six such investigations over the past six months, the Financial Times reported. These include an investigation into steel, of which the South American country is the ninth-largest producer and China the largest.

China’s Jiangsu reports record trade with BRICS members

Jiangsu Province, an economic powerhouse in east China, saw foreign trade with BRICS nations soar to a record 102.22 billion yuan (about 14.4 billion U.S. dollars) in the first two months of 2024, marking an increase of 36 percent year on year, according to Nanjing Customs.

Could Brollywood be next? Film festival explores the special language of cinema in BRICS countries

Several representatives of the film industry from Russia, India, UAE, Egypt, Iran, South Africa and other countries discussed the prospects of joint film production and the development of national film distribution at festival in Russia’s Khanty-Mansiysk.

Macron makes nuclear offer to BRICS nation

French President Emmanuel Macron has offered to help Brazil with the development of a nuclear-powered submarine during an official visit to the South American country.

Sinara sees BRICS countries as strategic markets for rolling stock exports

Sinara Group sees BRICS countries as strategic markets for rolling stock exports, according to Mikhail Boiko, the Russian company’s government relations director.

 

 

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