BRICS round-up 3 May 2024

In this week’s round-up:

-Trump may penalise countries that ditch US dollar

-China’s trade with other BRICS members up 11.3 pct in Q1

-Ryabkov says issuing unified currency for BRICS group has not been postponed, requires specific circumstances

-The President of Serbia Refuses BRICS Membership

-Jammu Kashmir Workers Party chief Mir Junaid promotes global unity in his BRICS address

-China and Bolivia should safeguard Global South interests, says Wang Yi as South American nation appeals for BRICS

-BRICS Expansion Boosts Global Influence: Russia’s Deputy Foreign Minister

-Egyptian film RAT HOLE takes home Best Actress Award at Russia’s BRICS Film Festival

Jammu Kashmir Workers Party chief  promotes global unity in BRICS address

Junaid’s statement unequivocally rejected all forms of cross-border terrorism, violence, external aggression, and discord, advocating instead for a larger vision of peace and prosperity, reported ANI.

China and Bolivia should safeguard Global South interests, says Wang Yi 

The remarks were made during a meeting in Beijing between Wang and Bolivian Foreign Minister Celinda Sosa Lunda, who is on a three-day visit until Tuesday. During the meeting, Wang called for improved coordination on multilateral strategies between Beijing and La Paz.

BRICS Expansion Boosts Global Influence: Russia’s Deputy Foreign Minister

The recent expansion of BRICS has transformed the association into a significant force on the global stage, asserts Sergey Ryabkov, Russia’s Deputy Foreign Minister. Since the start of 2024, Egypt, Iran, Saudi Arabia, the United Arab Emirates, and Ethiopia have joined the grouping, bolstering its influence in a multipolar world.

China’s trade with other BRICS members up 11.3 percent

China’s trade with other BRICS members hit 1.49 trillion yuan (about 209.7 billion U.S. dollars) in the first quarter, up 11.3 percent year on year, according to customs authorities.

The President of Serbia Refuses BRICS Membership 

Serbia will not join BRICS, since the country hopes to join the European Union, said Serbian President Aleksandar Vučić.

Ryabkov says issuing unified currency for BRICS group has not been postponed

Russian Deputy Foreign Minister Sergei Ryabkov has confirmed that the idea of issuing a unified currency for the BRICS group has not been postponed, but its implementation is linked to specific aspects.

Team Trump wants to punish countries that ditch the dollar

Former US President Donald Trump, alongside his economic advisers, is leading a strong campaign to squash the de-dollarisation efforts gaining momentum within the BRICS. With an eye on the 2024 Presidential elections, Trump views these endeavors as central to his potential policies, planning to maintain the dominance of the US dollar on the global stage.

Egyptian film RAT HOLE takes home Best Actress Award at Russia’s BRICS Film Festival

The internationally acclaimed Egyptian film RAT HOLE by Mohamed El-Samman continues to receive accolades, with Rana Khattab, the film’s lead actress, earning the esteemed Best Actress Award.

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