BRICS round-up 4 October 2024

In this week’s roundup: Thirty countries confirm their participation in BRICS summit; BRICS countries to produce 37% of global output by 2028; Putin confirms BRICS developing independent payment system with potential gold-backed currency; Azerbaijan’s pivotal role in BRICS rises: Guiding global transport corridors; Mali expresses interest in joining BRICS soon; No consensus yet on Taliban’s participation in BRICS Summit; Russia to use BRICS platform to explain causes of Ukrainian crisis — senior diplomat.

BRICS expansion to boost cooperation in gas, renewables – S. African Energy Minister

The expansion of BRICS will increase energy cooperation between members in the areas such as gas and various renewable sources of energy, South African Minister of Electricity and Energy Kgosientsho Ramokgopa told Sputnik.

BRICS Chamber of Commerce and Industry launches Chandigarh Chapter

The BRICS Chamber of Commerce and Industry (BRICS CCI) marked a milestone on Saturday with the successful launch of its Chandigarh chapter, aimed at promoting international collaboration and regional economic growth.

BRICS countries to produce 37% of global output by 2028

Russian Minister of Foreign Affairs Sergey Lavrov spoke on September 25, 2024, during the G20 Foreign Ministers’ Meeting on the 79th UN General Assembly session in New York.

Papua New Guinea heads to BRICS Fashion Week

Papua New Guinea is set to participate in BRICS Fashion Week, showcasing its vibrant cultural heritage and fashion innovation on a global stage.

Belarusian MFA: First wave of BRICS expansion set to include dozens of countries

The next wave of expansion for the BRICS group will be announced during the upcoming summit in Kazan, scheduled from October 22 to 24. This was confirmed by Belarusian Minister of Foreign Affairs Maxim Ryzhenkov, Azernews reports via the Russian media.

Guinea-Bissau backs trade in national currencies, supports BRICS – Foreign Minister

Guinea-Bissau is open to exploring bilateral trade in national currencies and supports BRICS, Guinea-Bissau Minister of Foreign Affairs Carlos Pinto Pereira told Sputnik.

Myanmar junta’s ‘delusional’ BRICS bid: seeking acceptance at any cost

Myanmar’s military junta is making a bid for international legitimacy by seeking to join BRICS, observers say. The group may even consider admitting the conflict-ridden “pariah” nation – though they would do so with significant reservations.

Nigeria will join BRICS at right time – Minister

Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar has reiterated the country’s interest in joining BRICS.

Putin confirms BRICS developing independent payment system with potential gold-backed currency

At the Russian Energy Week forum in Moscow, President Vladimir Putin announced that the BRICS nations are actively working on creating their own payment and settlement system.

Libya’s eastern-based gov’t eyes BRICS membership, says Foreign Minister

The eastern-based Government of National Stability in Libya is seriously considering the issues of joining BRICS, Minister of Foreign Affairs and International Cooperation of the interim Libyan government Abdul Hadi Al-Hweij told Sputnik.

Middle East’s fashion industry poised for global breakthrough at BRICS+ fashion summit

As Paris Fashion Week wrapped up, the global spotlight shifted to Moscow, where the prestigious BRICS+ Fashion Summit took centre stage from October 3 to 5.

Maduro excluded from BRICS invite list amid Brazil’s concerns

Venezuela’s President Nicolas Maduro has been excluded from a circulated list of potential invitees to BRICS, despite his efforts to join. Brazil, concerned over Venezuela’s disputed elections, has reservations about extending an invite.

Algeria closes the door to the BRICS

Algeria has decided not to join the BRICS group, as a result of a decision by the Algerian authorities in view of the political positions and membership criteria of the political and economic group of emerging countries.

North Korea in BRICS is a reach too far

North Korea’s potential membership in BRICS presents considerable challenges and opportunities.

Azerbaijan’s pivotal role in BRICS rises: Guiding global transport corridors

From October 22 to 24, the BRICS summit will convene in Kazan, marking the first meeting of the bloc in its newly expanded configuration. This historic gathering has sparked global speculation about further enlargement of the group. With Azerbaijan and Turkiye having recently applied for BRICS membership, international attention has turned toward this significant global format.

Non-alignment with sanctions is condition for joining BRICS — Russian diplomat

Non-alignment with sanctions against BRICS members is one of conditions of joining the association, Russian Deputy Foreign Minister Sergey Ryabkov said at the press conference dedicated to preparations for the BRICS summit.

Mali expresses interest in joining BRICS soon

Mali has expressed its intention to join the BRICS group in the near future, according to the country’s Foreign Minister, Abdoulaye Diop.

BRICS rise driven by most countries’ fatigue with Western diktat — Russian envoy

BRICS is strengthening as most world nations are tired of the West’s diktat seeking to impose its own neo-colonial vision on them, Russian Ambassador to Brazil Alexey Labetsky has said.

Russia to use BRICS platform to explain causes of Ukrainian crisis — senior diplomat

Topical issues of the world agenda are always openly discussed in BRICS, and Russia uses the organization’s platform to explain the causes of the Ukrainian crisis, Russian Deputy Foreign Minister and BRICS Sherpa Sergey Ryabkov said.

Erdogan to attend BRICS summit as Turkey continues steady march away from West

The Eurasian country has been recognised as a candidate for full membership in the European Union since 1999, but its efforts to join the body have stalled in the decades since.

Belarusian Minister: BRICS plans expansion announcement at Kazan summit

The next wave of BRICS expansion will be revealed at the group’s annual summit in Kazan, Russia, in October, according to Belarusian Foreign Minister Maxim Ryzhenkov.

No consensus yet on Taliban’s participation in BRICS Summit: Russia

Russian Deputy Foreign Minister Andrey Rudenko has stated that there is no consensus on whether the Taliban officials will participate in the upcoming BRICS summit in Kazan.

30 countries confirm their participation in October BRICS summit

Russian Deputy Foreign Minister Sergei Ryabkov held a news briefing about the BRICS summit in Russia later this month.

 

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