BRICS round-up 14 June 2024

In this week’s round-up: Highlights from the BRICS Games; New Development Bank eyes $5bn in financings by 2025, prioritises Egypt, Bangladesh; Turkish FM to attend BRICS+ meeting in Russia; Macron hopes BRICS countries can lay foundation for long-term peace in Ukraine; President of Zimbabwe tells TASS he discussed joining BRICS with Putin; FM Wang Yi calls on BRICS to promote consensus on peace, oppose instigation of ‘new Cold War’, and more.

The 2024 BRICS Games: Special coverage

Hundreds of athletes are gathering in Russia for the 2024 BRICS Games. Around 100 countries are expected to meet in Kazan, Russia, on June 12-23 for events in 20 different sports. Watch this space for our coverage of this global event, which is a scene-setter for the Olympics next month.

Why Turkey wants to join Brics

Turkish officials and experts say Ankara aims to complement its relations with the West by joining other economic and political platforms.

Turkey-China look beyond Uyghurs toward BRI and BRICS

Turkish Foreign Minister Hakan Fidan’s three-day visit to China signaled improved diplomatic relations, upgraded bilateral trade and investment ties, and a significant step toward Turkey’s accession to the BRICS alliance.

New Development Bank eyes $5bn in financings by 2025, prioritises Egypt, Bangladesh

The New Development Bank (NDB) held its inaugural seminar in Egypt, outlining ambitious plans to expand financing and support sustainable development projects in the country. The bank aims to reach $5bn in financings by 2025, with $1bn allocated to new members Egypt and Bangladesh.

Sisi highlights South-South partnerships to New Development Bank president

President Abdel Fattah El-Sisi explained to Dilma Rousseff, President of the New Development Bank (NDB), Egypt’s vision on South-South partnerships in achieving national development.

Macron: I hope we can agree at level of BRICS countries on foundations of long-term peace in Ukraine

French President Emmanuel Macron hopes to reach an agreement with the BRICS member states, in particular with China, India and Brazil, on positions to achieve long-term peace in Ukraine.

President of Zimbabwe tells TASS he discussed joining BRICS with Putin

Zimbabwe wants to join BRICD – this issue was discussed face-to-face with Russian President Vladimir Putin in St. Petersburg, President of Zimbabwe Emmerson Mnangagwa said in an interview with TASS on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

UAE affirms readiness to cooperate with BRICS countries in driving sustainable transport

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, participated in the Meeting of BRICS Ministers of Transport, hosted in St. Petersburg, Russia, to drive international cooperation and sharing of experiences in the transport sector.

BRICS foreign ministers meet in Russia as India carries forward PM Modi’s vision of building distinct global image

Continuing its role as a ‘Vishwa Bandhu’ (global friend), India was expected to raise the development concerns facing the Global South and challenges facing the world at the two-day BRICS Foreign Ministers’ Meeting in Russia.

Turkish FM to attend BRICS+ meeting in Russia

Türkiye’s foreign minister was headed to Russia for a two-day visit to attend a meeting of foreign ministers of the BRICS alliance and several other countries, or BRICS+, according to diplomatic sources.

Cuban foreign minister addresses BRICS meeting

In his speech, the head of Cuban diplomacy reiterated Cuba’s willingness to share with the BRICS its modest experiences and results in medical, pharmaceutical and biopharmaceutical industry, health, education, science, among other sectors for the benefit of our people and all those of the South.

Cuba to attend BRICS Sports Games as guest of honour

Cuba announced its participation in the BRICS Sports Games, scheduled from June 12 to 23 in the Russian Republic of Tatarstan.

BRICS Foreign Ministers advocate for enhanced G20 leadership in global economic affairs

The Foreign Ministers of the BRICS nations stressed the vital role of the G20 as the leading platform for international economic cooperation.

FM Wang Yi calls on BRICS to promote consensus on peace, oppose instigation of ‘new Cold War’

Chinese Foreign Minister Wang Yi attended the BRICS Foreign Ministers’ Meeting in the Russian city of Nizhny Novgorod and all parties highly praised the important role of the BRICS mechanism and the achievements of its expansion. They believe that the inclusion of more countries in BRICS cooperation accelerates the process of world multipolarity, and promotes a more just and reasonable international order.

Ethiopia and Russia’s economic relationship discussed at BRICS meeting

Ethiopia and Russia reaffirmed their commitment to bolstering political dialogue and unifying strategies within the UN and BRICS. Additionally, they addressed various crises in Africa, focusing on the Horn of Africa.

As China-backed Brics mulls Thailand membership, could more countries soon join the club?

Thailand’s bid to join Brics is a likely prelude to more American non-Nato allies embracing the China-backed group, echoing a worldwide trend to reduce dependence on the US dollar, according to Chinese experts.

BRICS nations lift power emissions to new highs over rest of world: Maguire

China and India alone accounted for over 90% of the BRICS emissions total during the first quarter, highlighting how concentrated power pollution is within BRICS due to high coal use by Asian nations.

Minister hopes for Brics invitation in October

Thailand hopes to be invited to become a member of Brics in October, according to Foreign Affairs Minster Maris Sangiampongsa.

Egypt urges BRICS to promote trade in local currencies

Egyptian Prime Minister Mostafa Madbouly has called for increased utilisation of local currencies among BRICS member countries during his address at the BRICS Development Bank Forum held in Cairo on June 11th.

BRICS Scientists Discussing Joint Oceanic, Polar Research at Meeting in Russia’s Murmansk

A meeting of the BRICS Working Group on Ocean and Polar Science and Technology opened in the northwestern Russian city of Murmansk, the regional ministry of information policy said.

 

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