In this week’s roundup: Turkey officially applies to join BRICS; BRICS countries sign climate and sustainable development cooperation framework; Egypt’s Al-Mashat, NDB’s Rousseff Discuss Development Cooperation; Putin invites Mongolian president to BRICS’ October summit in Kazan.
Indebtedness of developing nations a barrier to sustainable development: New Development Bank
New Development Bank (NDB) President Dilma Rousseff says the heavy indebtedness of developing nations is a significant barrier to achieving sustainable development.
High-profile delegation from India visits Hisense South Africa factory to strengthen BRICS partnership
A high-profile delegation from India recently visited the Hisense South Africa factory, aiming to strengthen BRICS partnerships and explore new opportunities for collaboration.
BRICS countries sign climate and sustainable development cooperation framework
Russian Economic Development Minister Maxim Reshetnikov noted that all BRICS countries recognise the need to halt use of unilateral green protectionist measures by developed countries, as these measures negatively impact the economies and supply chains of developing nations.
BRICS countries agree upon carbon markets partnership
BRICS countries adopt the climate and sustainable development framework, the press service of the Russian Ministry of Economic Development said.
A new chapter for New Development Bank – Enoch Godongwana
Minister says NDB has emerged as a platform for promoting sustainable development and addressing challenges faced by developing nations
New Development Bank to expand use of local currencies
The New Development Bank (NDB) is aiming to expand the use of local currencies to finance the sustainable development of emerging economies and developing countries, Dilma Rousseff, the bank’s president, said.
Iran membership in SCO, BRICS should enter operational phase
In an interview with Mehr News Agency, Abolfazl Zahravand, the former ambassador of the Iranian government to Afghanistan emphasised the necessity of activating various dimensions of economic cooperation with neighboring countries, noting that strengthening relations with neighbors and border markets is an important solution for economic development and neutralising sanctions which must be the priority of the government.
Egypt’s Al-Mashat, NDB’s Rousseff Discuss Development Cooperation
Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, met with Dilma Rousseff, President of the New Development bank (NDB) of the BRICS group, on the sidelines of the bank’s annual meeting in Cape Town, South Africa.
UAE-BRICS ties set to foster global development
Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance, emphasised that the UAE’s strategic partnerships have effectively showcased its key initiatives globally, adding that joining BRICS aligns with the “We the UAE 2031” vision, aiming to strengthen the UAE’s role as a strategic partner in promoting global economic cooperation.
Turkiye officially applies to join BRICS – reports
Turkiye has officially applied to join the BRICS, Bloomberg reported, citing people familiar with the matter.
South Africa to tap into BRICS connection to improve energy grid
South Africa is set to leverage its BRICS partnership to enhance its energy grid, seeking innovative solutions and investments to address the nation’s power challenges.
Chinese expert touts BRICS as powerful force in changing world
Cooperation between BRICS countries facilitates the resolution of global issues with the group currently being a powerful force in the world, Zhao Jing, deputy secretary general of the China Council for the BRICS Think Tank Cooperation, said at a session on expanded BRICS and global stability at the Eastern Economic Forum.
Putin invites Mongolian president to BRICS’ October summit in Kazan
Russian President Vladimir Putin invited Mongolian President Ukhnaagiin Khurelsukh to the BRICS summit, to be held in the Russian city of Kazan in October.
Russia confirms 18 of 36 invited leaders to attend BRICS summit
A total of 18 of the 36 leaders invited to the BRICS summit in Russia have already confirmed their participation, according to Russian presidential adviser Yuri Ushakov.
US fails to impose its interests on Vietnam, Hanoi chooses BRICS — expert
Vietnam is a strong candidate for early accession to BRICS, Washington has failed to impose its political guidelines on Hanoi, Vitaly Naumkin, scientific director of the Institute of Oriental Studies of the Russian Academy of Sciences, told TASS on the sidelines of the Eastern Economic Forum (EEF).
Malaysian PM to declare interest in joining BRICS during meeting with Putin at EEF
Malaysian Prime Minister Anwar Ibrahim at a meeting with Russian President Vladimir Putin on the sidelines of the Eastern Economic Forum (EEF) will declare his country’s interest in joining BRICS, the Malaysian Foreign Ministry said in a statement.
BRICS blockchain payment system ‘game-changer’
Moscow’s decision to create a new BRICS blockchain-based payment system is a “game-changing” development for a multipolar world, Christopher Douglas Emms, head of the Brokerage Division, LM Investments, told Sputnik on the sidelines of the Eastern Economic Forum in Vladivostok.
EU expresses concern as NATO member Turkey seeks to join BRICS
The European Union has expressed concern regarding NATO member Turkey’s ongoing bid to join the BRICS organisation, saying that as an EU membership candidate, Ankara had to “respect” the EU’s “values” and foreign policy preferences, despite its being free to join the alliances of its choosing.
Russia knows about Malaysia’s interest in BRICS, supports it – Kremlin
Russia is aware of Malaysia’s interest in joining BRICS and supports this interest, Kremlin spokesman Dmitry Peskov said.
Moscow and Tehran sign cooperation agreement at BRICS International Municipal Forum
The VI International Municipal Forum of BRICS countries (IMBRICS) has ended in Moscow. The event is included in the calendar of Russia’s presidency in the union. TV BRICS International Media Network is a member of the organising committee of the BRICS International Municipal Forum and acted as an international media partner of the event.
Serbian President Vucic Refuses Putin’s Invitation to BRICS Summit
Serbian President Aleksandar Vucic revealed that he had received an invitation from Russian President Vladimir Putin to attend the BRICS summit scheduled for October 22-24 in Kazan. However, Vucic stated that he would be hosting important foreign guests during that period.
Pashinyan to represent Armenia at BRICS summit in Kazan
Prime Minister Nikol Pashinyan will represent Armenia at the upcoming BRICS summit, set to be held in Kazan from October 22 to 24, according to Deputy Foreign Minister Mnatsakan Safaryan, Azernews reports.
Nornickel’s Palladium Centre proposed initiatives for public-private partnerships in BRICS countries
Moscow hosted the BRICS Climate Agenda in Modern Conditions Forum focused on the development of public-private and inter-country partnerships within the BRICS climate agenda. More than 250 delegates took part in the forum, including members of government authorities, the corporate sector, and expert and scientific communities from BRICS countries. The event was held under the auspices of Russia’s chairmanship of BRICS.
Prensa Latina president highlights importance of upcoming BRICS Media Summit
The BRICS Media Summit, set to be held in Moscow on September 13-17, will aim to expand the reach of media outlets from the group’s member states, Luis Enrique Gonzalez Acosta, president of the Prensa Latina Latin American News Agency, told TASS.
