BRICS round-up 17 May 2024

In this week’s round-up: BRICS Development Bank will allocate US$1.115 bn to Rio Grande do Sul; BRICS leaders won’t attend Zelensky’s peace conference; Iran to Strengthen Ties with India in BRICS and SCO; Neighbouring country opposes Sri Lanka’s BRICS membership bid; BRICS women and their quest for cultural cooperation, and more.

Heads of BRICS space agencies to meet in May 

The heads of BRICS space agencies will convene under Russia’s chairmanship in Moscow on May 23, Roscosmos said.

Iran to Strengthen Ties with India in BRICS and SCO

The announcement was made during a meeting with the Indian Minister for Port Infrastructure, Shipping and Inland Waterways Development Sarbananda Sonowal, IRNA, a partner of TV BRICS reported.

Russia, Egypt Discuss BRICS Expansion Under Russian Chairmanship

Russian Deputy Foreign Minister Sergey Ryabkov met with Egyptian Ambassador to Moscow Nazih El-Nagari to discuss these issues, according to a statement from the Russian Ministry of Foreign Affairs, TV BRICS reported.

BRICS leaders won’t attend Zelensky’s peace conference  

The leaders of Brazil and South Africa will not attend a conference on Ukraine to be hosted by Switzerland next month, reports have said.

BRICS has entered new era of “greater cooperation,” says Putin

On the eve of his two-day state visit to China,  Putin stated in a written interview with Xinhua that the two countries hold similar or identical positions on key issues in the international agenda. Both advocate for the primacy of international law, and support equal, indivisible, comprehensive and sustainable security at both the global and regional level with the UN’s central coordinating role, he said, adding Russia and China also reject Western attempts to impose an order based on lies and hypocrisy, on some mythical rules of no one knows whose making.

Forum on future of BRICS countries may be held in 2025

The Russia’s Agency for Strategic Initiatives proposed holding a forum to discuss the future of the BRICS countries, which could be held in 2025 in the UAE, according to the official ASI Telegram channel.

Russia’s Rossiya Segodnya, China’s Xinhua Agree to Hold BRICS Expert Forum in June

Dmitry Kiselev, the director general of the Rossiya Segodnya international media group, Sputnik’s parent media company, and the head of China’s Xinhua News Agency, Fu Hua, signed a memorandum on holding the BRICS expert forum on the sidelines of the St. Petersburg International Economic Forum in early June.

BRICS Women and their Quest for Cultural Cooperation

In an insightful interview, Dr. Victoria Panova, Vice Rector of National Research University – HSE, Russia (HSE University), Head of the BRICS Expert Council – Russia, Russian W20 Sherpa, discusses the dynamics of women engagement in BRICS association, and further highlights the challenges facing their empowerment and evolving women-specific initiatives.

Neighbouring Country Opposes Sri Lanka’s BRICS Membership Bid

In a move that could potentially disrupt Sri Lanka’s diplomatic aspirations, a powerful neighbouring country, reportedly a founding member of BRICS, has voiced objections to Sri Lanka’s bid for membership in the influential economic bloc. Sources within the Sri Lankan Ministry of Foreign Affairs have disclosed that efforts to join BRICS have faced significant opposition from this neighbouring nation.

Kiyosaki warns US dollar to crash as ‘BRICS gold crypto’ emerges

Amid warnings of a major financial crash, famous investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has shared his views on why the United States dollar, in particular, might suffer as a new currency threatens its global domination.

BRICS Development Bank will allocate US$1.115 bn to Rio Grande do Sul

Dilma Rousseff, current president of the BRICS Bank, announced that the New Development Bank will allocate US$1.115 billion to the state of Rio Grande do Sul in southern Brazil. The aim is to rebuild the urban and rural infrastructure in the municipalities hit by the heavy flooding since the end of April and to help get Rio Grande do Sul’s life back on track.

 

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