In this week’s round-up:
- Intra-BRICS trade jumps 13-fold in 21 years, touches $1.17 trillion: commerce secretary
- BRICS ministers call for Gaza ceasefire, back Palestinian statehood
- Cuba thanks BRICS for statement demanding U.S. end the blockade
- Zimbabwe edges closer to joining BRICS bank
- BRICS 2026 Summit: Navigating challenges in a divided international order
Iran-UAE clash shatters BRICS unity as summit ends without joint agreement
A summit of BRICS foreign ministers hosted this week in India descended into open confrontation after Iranian officials accused the United Arab Emirates of assisting Israel and the United States during recent military operations against Iran, exposing growing fractures inside the expanding geopolitical bloc.
Zimbabwe edges closer to joining BRICS bank
Zimbabwe is edging closer to potentially unlocking critical development finance after formal negotiations to join the BRICS’ New Development Bank began, offering a possible lifeline as the country remains locked out of traditional Bretton Woods multilateral lenders.
BRICS ministers call for Gaza ceasefire, back Palestinian statehood
BRICS foreign ministers have called for a ceasefire in the Gaza Strip, unhindered humanitarian access and support for Palestinian statehood, Qazinform News Agency correspondent reports.
Intra-BRICS trade jumps 13-fold in 21 years, touches $1.17 trillion: Commerce secretary
The intra-BRICS merchandise trade has risen thirteen-fold, from $ 84 billion in 2003 to $ 1.17 trillion in 2024, outpacing the growth in global trade and contributing to greater resilience and diversification for member countries.
BRICS 2026 Summit: Navigating challenges in a divided international order
The ongoing disruption of Trump 2.0, including trade and energy wars that are choking supply chains, is reverberating globally and regionally. An estimated 60 million citizens have been pushed below the poverty line, with millions of jobs lost in the past few months.
Cuba thanks BRICS for statement demanding U.S. end the blockade
The Government of Cuba expressed its “sincere gratitude” to the BRICS member countries for their statements rejecting the blockade imposed by the United States on the Caribbean island, made within the framework of the bloc’s XVIII Meeting of Foreign Ministers, held in India.
