In this week’s round-up: Russian minister says BRICS must react to growing terrorist threat; Sri Lanka seeks India’s backing in BRICS bid; Iran diplomat says BRICS members determined to ditch dollar; Russian minister says US conducts behind-the-scenes work to undermine BRICS; Namibian youth shines at BRICS+ Youth Summit; CBR to hold cybersecurity exercises with BRICS national banks, and more.
Russian Central Bank working on BRICS grain exchange
The Central Bank of Russia is developing the matter of establishing a grain exchange among the BRICS countries, said Mikhail Arakelyan, head of the department for overseeing organisations within the trading and clearing infrastructure of the Central Bank’s financial market infrastructure department.
Tehran, Moscow working to create single currency for BRICS: Iran envoy
Iran and Russia are working to create a single currency for the BRICS grouping, with the former actively participating in the activities organised under latter’s chairmanship of BRICS, Iranian ambassador to Russia Kazem Jalali said recently.
Roscosmos head voices support for establishing BRICS space council
Setting up a BRICS space council could facilitate consensus at international space forums, Roscosmos Director General Yury Borisov said on the sidelines of a meeting of the heads of BRICS space agencies in Moscow.
Russia Open to Nuclear-Tug-Powered Space Mission With BRICS Partners – Roscosmos
Russian state space corporation Roscosmos is open to the realization of a scientific mission in deep space using a nuclear tug together with BRICS partners, Roscosmos executive director Aleksandr Bloshenko said.
BRICS countries’ satellite constellation exceeds 1,200 spacecraft — Roscosmos CEO
With the accession of new states to the BRICS group the total strength of national satellite constellations of the association’s member-countries has exceeded 1,200 spacecraft, Roscosmos CEO Yury Borisov has said.
Venezuela Hopes to Join BRICS in 2024 – Vice President Delcy Rodriguez
Venezuela hopes to join the BRICS association in 2024, Vice President Delcy Rodriguez said.
BRICS and EAC face hurdles as they seek single currency
As more nations seek to reshape the global economy by embracing de-dollarisation, new currencies are on the horizon. But regional and economic blocs, like BRICS and the East African Community, are facing hurdles as they push for the adoption of a single currency in order to reduce dollar exchange-rate fluctuations.
Putin invites Bahraini king to BRICS summit in Kazan in October
Russian President Vladimir Putin has invited King Hamad bin Isa Al Khalifa of Bahrain to visit a BRICS summit in Kazan this coming fall, Kremlin aide Yury Ushakov said.
Iran’s deputy foreign minister hails BRICS as foundation for just world
The BRICS group is the basis for building a just world that meets the interests of all countries, Iranian Deputy Foreign Minister Ali Bagheri Kani said at the “Russia – Islamic World: KazanForum” international economic event.
Russia supports Venezuela’s application to BRICS
Russia respects Venezuela’s candidacy to join the BRICS, but the decision on who will be new members is made jointly by the entire organisation, said the Deputy Foreign Minister of Russia, Sergei Vershinin.
Venezuela on its way to joining BRICS — Maduro
Venezuela is on its way to becoming a member of BRICS and it may be admitted to the international integration soon, President of the South American country Nicolas Maduro said.
Growing terrorist threat requires collective response from BRICS — Russian MFA
The recent upsurge of the threat of terrorism and challenges in the information space require the BRICS countries search for collective responses, Russia’s Deputy Foreign Minister Sergey Ryabkov has said.
Sri Lanka keen to join BRICS, seeks India’s backing
Sri Lankan Foreign Minister Ali Sabry expressed his country’s keenness to join the BRICS grouping and conveyed that the group has become a ‘good body’ after India became part of it. He emphasized that Sri Lanka would reach out first to India whenever it formally applies to join the BRICS grouping.
BRICS members determined to ditch dollar in trade transactions: Iran diplomat
Iran says member countries of the BRICS group of emerging economies are resolute in pursuing efforts to ditch the US dollar in trade and economic transactions.
US conducts behind-the-scenes work to undermine BRICS — Russian MFA
The United States does not like everything that is beyond its control, so it is conducting behind-the-scenes work to undermine BRICS, Russia’s Deputy Foreign Minister Sergey Ryabkov has told the media.
Namibian youth shines at BRICS+ Youth Summit
Sarah Tsei-tseimou recently represented Namibia at the BRICS+ Youth Summit in Pretoria, South Africa, an opportunity she described as a remarkable learning journey.
CBR to hold cybersecurity exercises with BRICS national banks
The Central Bank of Russia (CBR) plans to hold adversary emulation exercises with the national banks of other BRICS countries for the first time in 2024, the CBR said in a report on the main types of cyberattacks in the financial sector in 2023.
