In this week’s round-up: Trump’s return to the White House will not hinder BRICS growth; Putin says talk about common BRICS currency is premature; BRICS investment platform mooted; Sri Lanka’s BRICS membership application rejected, NDB membership offered; Russian winemakers may propose creation of BRICS wine union; Lavrov declares that BRICS Summit is evidence that West cannot isolate Russia; Russia looks to BRICS countries for auto imports.
Asean ‘more substantive’ base than BRICS: Ukraine deputy minister
Malaysia’s status as a newly accepted partner country in the Brics alliance, formalised at its most recent summit in Kazan, Russia last month, will not deter Ukraine from pursuing trade and investment deals with Prime Minister Anwar Ibrahim’s administration.
US making huge efforts against BRICS, pressuring its members – Ex-IMF director for Russia
The United States and the West are making huge efforts against the BRICS countries, putting pressure on the association’s members, former International Monetary Fund (IMF) Executive Director for Russia Aleksei Mozhin told RIA Novosti.
Serbia ready to keep participating in BRICS events – Deputy Prime Minister
Serbia is ready to keep participating in BRICS events, the organization is attractive because it does not set conditions, Serbian Deputy Prime Minister Aleksandar Vulin told Sputnik.
BRICS could expand further next year, says Russian FM Lavrov
BRICS could expand further in 2025 as the member countries will deliberate on new full-fledged entrants as well as the criteria for partner countries, Russian Foreign Minister Sergei Lavrov has indicated.
Hungary’s Orban says BRICS outperforming Western economies
The BRICS group of emerging-market powers has already outperformed the West in the global market, Hungarian Prime Minister Viktor Orban said, adding that the BRICS summit in Russia’s Kazan highlighted its economic potential.
Lavrov: BRICS nations eye alternatives to US dollar
Russian Foreign Minister Sergey Lavrov announced that BRICS countries have formulated recommendations for alternative payment systems aimed at reducing reliance on the U.S. dollar in international transactions.
BRICS’ ultimate goal isn’t just de-dollarisation; it’s de-Westernisation – economist
De-dollarisation has been a popular topic of discussion in recent years and reached new heights at the 16th annual BRICS summit in Kazan, but according to one economist, it’s not just the dollar that is facing pressure – it’s the entire Western-dominated economic order.
Asean won’t become obsolete just because a few members join BRICS
For Asean, the question is: if its members join Brics, will it make Asean less relevant or threaten obsolescence?
Separating fact from hype about BRICS
Questions continue to swirl around the value added of BRICS, and whether it can disrupt Western economic influence? The answers are nuanced, but in general BRICS has potential for diplomatic leverage in world forums, and it could, if it chose to do so, embargo some strategic minerals for the technology and defence industries of the West.
A new era for Southeast Asia’s strategic and economic influence
This year’s BRICS summit set the stage for several innovative economic initiatives that could significantly impact Southeast Asia’s geopolitical landscape.
China’s shared future principle inspired Malaysia’s BRICS participation, says Anwar
The principle of a shared future has been well-received by countries across Asia, Africa, Latin America, and the Global South, motivating Malaysia’s participation in BRICS, says Datuk Seri Anwar Ibrahim.
Indonesia, beware of the (unnecessary) BRICS trap
New Foreign Minister Sugiono announced recently Indonesia’s interest in joining BRICS at the group’s summit in Kazan, Russia. He underlined Indonesia’s free and active foreign policy by “actively participating in every global forum”, and conveyed Indonesia’s wish to uphold and support the Global South’s interests via the grouping.
US President beware. Indonesia embraces Russia, BRICS to build trade … and military
Prabowo Subianto has been Indonesia’s eighth president only since October 20 but is already stirring established orders in defence and economics that will force the Anglosphere to rethink its own alliances – and attitudes.
PM Anwar holds bilateral meeting with Chinese counterpart Li Qiang in Shanghai, thanks China for Brics support
Prime Minister Datuk Seri Anwar Ibrahim held a bilateral meeting with his Chinese counterpart Li Qiang at The Grand Halls today, following up on matters concerning Malaysia and China since their last meeting in Putrajaya on June 19, 2024.
UN chief’s attendance at Russia’s BRICS summit “not a happy formula”, admits minister
Portugal’s minister of state and foreign affairs, Paulo Rangel, has said that the presence in Russia for the BRICS summit of the secretary-general of the United Nations, António Guterres, a former prime minister of Portugal, “was not a happy formula.”
Russia looks to BRICS countries for auto imports
Largely abandoned by the West following its invasion of Ukraine, Russia plans to significantly increase imports of cars from other countries belonging to the BRICS coalition: Brazil, India, China and South Africa.
Lavrov declares that BRICS Summit is evidence that West cannot isolate Russia
Russian Foreign Minister Sergey Lavrov has stated that the recent BRICS Summit in Kazan demonstrated the failure of Western attempts to isolate Russia and highlighted the growing discontent with the U.S.’s approach of “sanctions wars.”
Russian winemakers may propose creation of BRICS wine union — envoy
Russian winemakers may propose the creation of a BRICS wine union, Russian President’s special envoy for relations with international organizations, Boris Titov, said during the Russian Wine Forum.
Sri Lanka’s BRICS membership application rejected, NDB membership offered
Sri Lanka’s application to become a BRICS member has been rejected by the group’s current membership, but its request to become a member of BRICS’ New Development Bank (NDB) has been accepted, the cabinet spokesman said.
BRICS investment platform for developing markets to be created
A new investment platform of BRICS countries with the use of electronic assets is needed for investments in developing markets, Russian President Vladimir Putin said at the plenary session of the Valdai Discussion Club.
Putin considers it premature to talk about common BRICS currency
Talks about the common BRICS currency are premature and BRICS member-countries do not have such an objective, Russian President Vladimir Putin said at the plenary session of the Valdai Discussion Club.
Trump’s return to the White House will not hinder BRICS growth — Brazilian expert
Donald Trump’s return to the White House in January 2025 will not impede the development of BRICS. The member countries will continue to strengthen economic cooperation, regardless of the policies of the new US administration, Jose Juan Sanches, president of the Brazilian analytical agency CMA Group, told TASS.
The BRICS Summit should mark the end of neocon delusions
The recent BRICS Summit in Kazan, Russia should mark the end of the Neocon delusions encapsulated in the subtitle of Zbigniew Brzezinski’s 1997 book, The Global Chessboard: American Primacy and its Geostrategic Imperatives. Since the 1990s, the goal of American foreign policy has been “primacy,” aka global hegemony. The U.S. methods of choice have been wars, regime change operations, and unilateral coercive measures (economic sanctions). Kazan brought together 35 countries with more than half the world population that reject the U.S. bullying and that are not cowed by U.S. claims of hegemony.
