BRICS round-up 12 April 2024

In this week’s round-up: China continues to dominate an expanded BRICS; BRICS ready to get ‘independent parliamentary dimension’ ; the New Development Bank issues record $1.2bn in panda bonds; the inaugural BRICS simulation conference, and more.

Up to 74 countries to participate in 2024 BRICS Games

As many as 74 countries will take part in the 2024 BRICS Games this year in the Russian city of Kazan, a senior state official of Russia’s Republic of Tatarstan said.

Azerbaijan actively cooperates with China and other BRICS members

Mahur Gasimov, the head of the Department of Analysis and Strategic Research at the Ministry of Foreign Affairs of Azerbaijan, stated during a discussion on “Azerbaijan’s Foreign Policy and the Role of BRICS” that Azerbaijan maintains active collaboration with China and other BRICS member states, Azernews reports.

China continues to dominate an expanded BRICS

The future of BRICS is uncertain given its heavy dependence on China’s economic future and the deteriorating sentiment towards China among its members, according to this analysis.

BRICS newcomers already making impact — Lavrov

The new BRICS member states that officially joined the association on January 1, 2024, are already making valuable contributions across the board, Russian Foreign Minister Sergey Lavrov said.

BRICS-backed New Development Bank issues record $1.2 billion of panda bonds

The New Development Bank, an international lender created by the BRICS group of nations, issued 8.5 billion yuan ($1.23 billion) of panda bonds in China’s interbank bond market to bolster financing of new projects.

Inaugural BRICS Simulation Conference: A guaranteed game-changer

As the global stage prepares to witness the inaugural BRICS Simulation Conference, set against the backdrop of Cape Town, anticipation is rife among the 200-strong international delegation.

BRICS ready to get ‘independent parliamentary dimension,’ senior lawmaker believes

MOSCOW, April 12. /TASS/. BRICS, as the most powerful integration bloc in the world, is ready to receive an “independent parliamentary dimension,” the head of the State Duma Committee on International Affairs, leader of the Liberal Democratic Party of Russia (LDPR) Leonid Slutsky said.

 

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