BRICS round-up 9 August 2024

In this week’s roundup: BRICS offers major trade opportunities for Venezuelan oil and gas – Maduro; Vladimir Putin Invites President Nicolas Maduro to BRICS Meeting; Minister Liu Jianchao outlines China’s modernisation plans and BRICS importance in South Africa; China breaks with Latin America and BRICS allies over Venezuela election fraud; Time for BRICS states to drive Palestine’s peace project; Row over senior appointment in local BRICS body.

BRICS Offers Major Trade Opportunities for Venezuelan Oil and Gas – Maduro

Venezuela is betting on the BRICS nations for investment in its oil, gas and metals industries, President Nicolas Maduro has said.

Vladimir Putin Invites President Nicolas Maduro to BRICS Meeting

The information was shared by the Venezuelan Foreign Minister, Yvan Gil, who points out that the invitation of the Russian leader was made in his capacity as BRICS president.

Venezuela looking to participate in BRICS’ projects, Maduro says

Venezuela is interested in taking part in projects being discussed by the BRICS grouping, Venezuelan President Nicolas Maduro said.

Minister Liu Jianchao outlines China’s modernisation plans and BRICS importance in South Africa 

A high-level delegation from the Central Committee of the Communist Party of China (CPC) visiting South Africa held a briefing in Cape Town.

China Breaks With Latin America and BRICS Allies Over Venezuela Election Fraud

Within minutes of the Maduro government declaring victory in the July 28 Venezuelan elections, China congratulated him on “his successful reelection” and for “the smooth presidential election.” China rushed into its verdict even though according to the government only 80 percent of the results had been reported – meaning at least 2 million more votes were yet to be counted.

Time for BRICS states to drive Palestine’s peace project

In the wake of the assassination of former Palestinian Prime Minister in Gaza and political leader of Hamas, Ismail Haniyeh, a post on X (former known as Twitter) read: “If the resistance ended with the assassination of leaders, it would have ended with the assassination of Sheikh Ahmed Yassin…”

Row over senior appointment in local BRICS body

A row has erupted between former eThekwini deputy mayor Fawzia Peer and the Women’s Business Alliance (WBA) of Brics South Africa over her alleged appointment in a senior position.

Sakhalin to show films by directors from BRICS countries

A street cinema was set up on the square in front of the Oktyabr Cinema and Concert Hall from 7 to 10 August to screen short films (competitive and non-competitive programmes), documentaries and animated films of recent years. The festival will be organised by the State Autonomous Cultural Institution “Sakhalin Cinema and Leisure Association”.

BRICS and the IMF Debt Traps. What Can the Contingent Reserve Arrangement Do for the Global South?

An “alternative” monetary fund to the IMF has been created, but, ironically, it needs the IMF’s blessing to be used. It was created in a different context than today’s, in which we had yet to experience such a sharpening of the contradictions between the imperialist powers and the global majority. But history demands a change, writes Marco Fernandes, editor at Wenhua Zongheng International.

BRICS membership helps Ethiopia strengthen economic ties with Russia — ambassador

Ethiopia has been able to build closer economic ties with Russia thanks to its membership in BRICS, Russian Ambassador to Addis Ababa Yevgeny Terekhin said.

Yerevan hosting ‘New Horizons of Cooperation between Armenia and EAEU with BRICS and SCO’ forum

An international forum, entitled “New Horizons of Cooperation between Armenia and EAEU with BRICS and SCO,” has kicked of in Yerevan. The agenda of this one-day event is full, and it includes speeches, reports, and discussions. Experts and entrepreneurs from ten countries are in attendance.

Photo exhibition of BRICS countries opens in Moscow

A photo exhibition showcasing the vibrant cultures of BRICS countries has opened in Moscow, featuring works from 14 talented photographers across the member nations. Running from August 9 to September 8, the exhibition offers a unique visual journey through the diverse perspectives of BRICS countries. Visitors can explore this captivating display of international artistry at the heart of Russia’s capital.

Russia invited Bolivian President to BRICS summit in Kazan in Oct

Russia has invited Bolivian President Luis Arce to the BRICS summit due in October, Russian Ambassador to the Latin American country Mikhail Ledenev told reporters.

Sameep Shastri: Armenia can play an important role for the BRICS countries

Armenia can play an important role for the BRICS countries in terms of accessing European markets. This was stated by Sameep Shastri, Vice Chairman of the BRICS Chamber of Commerce and Industry, in an interview with journalists at the international forum “New Horizons of Cooperation between Armenia and the EAEU with BRICS and SCO”  in Yerevan.

Marina Sheresheva: 3 BRICS countries are ‘leaders’ in trade with Armenia

BRICS+ is appealing for Armenia because the role of this organization is created by business logic itself; three BRICS countries (Russia, UAE, and China) are the “leaders” in trade with Armenia. Marina Sheresheva, Head of the Institutional Analysis Laboratory of the Faculty of Economics of Lomonosov Moscow State University, stated this at the international forum, entitled “New Horizons of Cooperation between Armenia and EAEU with BRICS and SCO,” which is being held in Yerevan.

Yuri Navoyan: Military industry can be promising direction of Armenia’s cooperation with BRICS, SCO

Energy, digital economy, and military industry can be promising directions of Armenia’s cooperation with BRICS and SCO. Yuri Navoyan, Chairman of the public organization DIALOG, stated this at the international forum, entitled “New Horizons of Cooperation between Armenia and EAEU with BRICS and SCO.”

 

 

 

 

 

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