In this week’s round-up:
- Russia insists BRICS will remain an economic, not military, alliance
- BRICS proposes an alternative to systems dependent on the U.S.
- Germany signals shift in Europe’s BRICS view, focuses on India, Brazil
- Can the BRICS currency make money
- Dried fruits market is growing, driven by increasing health awareness and innovation
Russia insists BRICS will remain an economic, not military, alliance
Russian Deputy Foreign Minister Sergey Ryabkov on Saturday dismissed claims that the BRICS economic group intends to evolve into a military alliance. In remarks reported by news outlets, Ryabkov emphasized that BRICS is neither a military pact nor a collective security organisation with obligations for joint defence.
Can the BRICS currency make money?
Will the BRICS countries ever introduce a common currency to challenge the dominance of the U.S. dollar in the world economy? Like many traditional international economists, Jim O’Neill generally rejects the idea, despite his role in creating the acronym BRICS, which led to the creation of the official BRICS club.
Germany signals shift in Europe’s BRICS view, focuses on India, Brazil
German Foreign Minister Johann Wadephul has indicated a recalibration in Europe’s approach towards emerging powers, such as BRICS nations, saying that Germany now recognises shared interests and values with countries such as India and Brazil, even as differences persist with Russia and China.
INTERVIEW: BRICS proposes an alternative to systems dependent on the U.S.
BRICS is aware of the risks of pressure from Washington and will develop an alternative to any system the US could dismantle “with the push of a button,” Russian Deputy Foreign Minister Sergey Ryabkov told TASS in an interview.
BRICS+ series: Industrial Cooperation and the BRICS Centre for Industrial Competencies
The BRICS Centre for Industrial Competencies (BCIC), which was launched in April 2025 in partnership with the United Nations Industrial Development Organization (UNIDO), functions as a one-stop centre that offers integrated services, capacity building, and technical support that is focused on Industry 4.0 competencies, digital manufacturing, and productivity enhancement.
Dried fruits market is growing, driven by increasing health awareness and innovation
The dried fruits market has witnessed remarkable growth over recent years, driven by changing consumer preferences and industry developments. With a rising focus on health and convenience, the market is positioned for continued expansion in the coming years.
