BRICS round-up 27 September 2024

In this week’s round-up:  Bosnian Serb leader to attend BRICS summit in Kazan; Report on alternative payment systems will be prepared by BRICS summit; Putin wants BRICS to play a greater role in the global energy dialogue; The Taliban movement submits application to attend the BRICS summit in Kazan; Burkina Faso wants to join BRICS; North Korea eyes membership in China-led Brics;  Putin lauds cooperation with OPEC+, BRICS. South Africa’s Ramokgopa urges BRICS nations to tackle global energy challenges together.

UAE calls for global action on gender balance at BRICS meeting in Russia

The UAE, represented by its Gender Balance Council, participated in the BRICS Ministerial Meeting on Women’s Affairs held in St. Petersburg, Russia.

OPINION: BRICS Is Collapsing Under the Weight of Its Ambition

In a 2001 seminal research paper, then Goldman Sachs Chief Economist Jim O’Neill lumped together four standout emerging markets – Brazil, Russia, India, and China – that he believed were punching well below their weight at the time and warranted greater representation on the international arena.

BRICS Urban Future Forum in Moscow Attracts Over 13,000 Attendees from more than 30 countries

The BRICS Urban Future Forum in Moscow, held on September 18-19, drew more than 13,000 participants from over 30 countries, despite a boycott by mainstream Western policymakers.

Bosnian Serb leader to attend BRICS summit in Kazan

Republika Srpska (RS) President Milorad Dodik announced that he will participate in the upcoming BRICS summit to be held in Kazan from October 22-24, Serbian media reported.

Report on alternative payment systems will be prepared by BRICS summit in Kazan — Lavrov

A report on options for creating alternative payment platforms for settlements between BRICS member countries will be prepared for the summit of the association in Kazan, Russian Foreign Minister Sergey Lavrov said in an interview with Sky News Arabia.

Putin wants BRICS to play a greater role in the global energy dialogue

President Vladimir Putin called for a greater role for the BRICS group on global energy markets. Russia is looking for ways to counter Western influences.

Pepe Escobar: Will a BRICS Bretton Woods Take Place in Kazan?

With less than a month before the crucial BRICS annual summit in Kazan under the Russian presidency, serious informed discussions are raging in Moscow and other Eurasian capitals on what should be at the table in the de-dollarisation and alternative payment system front.

PODCAST: What message should SA agriculture take to Kazan for the Brics+ summit

South Africa’s agricultural growth in the first thirty years of the democratic era has been supported, among other things, by two pivotal interventions. The first was a deliberate and concerted strategy to invest in genetics for crops, horticulture, and livestock. The second intervention was a strong push to expand export markets. As production continues to increase, and there remains capacity for expanding production, these two levers must be accelerated.

BRICS countries must build a just world order together — Chinese politician

BRICS countries should firmly uphold their rights to development and build a fairer world order through cooperation in innovation, Wang Gang, deputy head of the Publicity Department of the Central Committee of the Communist Party of China (CCP), said at the BRICS symposium on Public Administration and the Human Exchange Alliance Forum.

BRICS helps build fairer, more equitable global governance system: survey

The BRICS mechanism contributes to building a fairer and more equitable global governance system, according to a global survey.

Is Papss stable coin the answer for cheaper trade for Africa versus BRICS, SADC currency?

The Free Market Foundation recently took a well-aimed swing at the BRICS currency proposal.

The Taliban movement submits application to attend the BRICS summit in Kazan

Representatives of the Taliban movement have sent an application to Moscow to attend the BRICS summit which is being held Kazan, the capital of Russia’s Tatarstan Republic on October 22-24, RIA Novosti reported.

North Korea eyes membership in China-led Brics, amid growing ties with Russia

North Korea appears to be stepping up efforts to join BRICS. However, experts said that North Korea’s membership remains unlikely, as the isolated regime’s desire to join may not gain the consent of all BRICS member states.

Burkina Faso announces intention to join BRICS

Prime Minister of Burkina Faso Apollinaire Joachimson Kyelem de Tambela has announced the country’s intention to join BRICS during his meeting with Russian Ambassador to Ouagadougou Igor Martynov, the Burkinabe government said.

The BRICS Challenge and the US Response: A New Era of Gold

In a recent interview with Kitco, historian and precious metals expert John Forest Little from The Silver Academy provided valuable insights into the potential implications of the BRICS+ initiative and the proposed Unit currency. Little’s analysis sheds light on the historical context of currency resets, the growing challenges faced by the US dollar, and the potential impact of the Unit on the global financial landscape.

Ethiopia’s BRICS membership enhances access to opportunities, drives economic growth

Ethiopia’s membership into the BRICS family would enhance its access to more economic opportunities, drive growth, and address development challenges, an Ethiopian scholar has said.

Heads of BRICS tax services sign framework agreement to establish joint forum

The participants of the meeting also welcomed the idea of creating a permanent secretariat of tax administrations of BRICS countries, which will be discussed in 2025.

Russia’s president says BRICS output exceeds GDP of most industrialised countries

Russian President Vladimir Putin says that the production of BRICS countries surpasses the Gross Domestic Product (GDP) of the Group of 7,  composed of the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom.

Putin lauds cooperation with OPEC+, BRICS

Russian President Vladimir Putin said on Thursday that the vast domestic energy sector will be able to achieve its goals and overcome “illegal” western sanctions, while also praising ties with BRICS and OPEC+ groups.

South Africa’s Ramokgopa urges BRICS nations to tackle global energy challenges together

Minister of Electricity and Energy Kgosientsho Ramokgopa has urged BRICS Plus nations to collaborate in addressing energy challenges during the 9th Annual BRICS Energy Ministers’ Meeting in Moscow.

 

 

 

 

 

 

 

 

 

 

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