In this week’s round-up: Trump’s tariff threat isn’t expected to put off aspiring BRICS members; Amid tough questions over BRICS membership, Ugandan minister remains upbeat; More calls for Ghana to join BRICS; BRICS hopeful Libya moans about lack of summit invite; BRICS members China and Iran cosy up; Russia ready to help Vietnam join BRICS; Pakistan President seeks Russia’s support for BRICS membership.
Uganda to benefit from BRICS cooperation as partner state: Ugandan minister
Uganda’s admission as a BRICS partner state presents an opportunity for the East African country to benefit from deeper ties with some of the world’s largest emerging markets and to facilitate its own development, a senior official has said.
Maduro: ‘Working with BRICS to build a multipolar World’
Venezuela intends to work with BRICS to build a multipolar world, President Nicolas Maduro said.
Building Ghana’s relationship within BRICS+ alliance and beyond
With heightening of geopolitical interest in building a new Global South architecture, the newly created administration at Ghana’s Jubilee House, has to consider joining the ‘partner states category’ of BRICS+, an association of five major emerging economies.
Analysis: Ghana considers joining BRICS
As Ghana embarks on a new phase of leadership under President John Mahama, the country is contemplating a significant move that could shape its future on the global stage.
BRICS members China and Iran cosy up
China’s ambassador to Iran says the BRICS framework offers an opportunity for greater cooperation.
India-Cuba relations: A 65-year friendship anchored in solidarity and BRICS partnership
India’s donations of medicines and pharmaceutical ingredients have been especially vital following the devastating impact of natural disasters like hurricanes and earthquakes. Furthermore, lines of credit extended by India—such as the one in 2023 for rice procurement—have proven crucial in addressing Cuba’s food security needs.
MPs grill Foreign Minister over Uganda’s entry into BRICS
There was a heated exchange in the Foreign Affairs Committee of parliament when Muwada Nkunyingi, the Shadow Minister for Foreign Affairs, questioned State Minister for International Cooperation, Henry Okello Oryem, regarding Uganda’s recent entry into BRICS without parliamentary approval.
Libya expresses interest in joining BRICS
Libya is considering the possibility of joining the BRICS group of emerging economies, according to the acting Head of the Ministry of Foreign Affairs of the Libyan Government of National Unity, Taher Al-Baour.
Analysis: There’s a reason BRICS is the hottest multilateral ticket in town
On Jan. 7, Indonesia officially became a full member of BRICS. With the addition of the world’s fourth-most-populous country and eighth-largest economy by purchasing power, the alliance now encompasses around half of the world’s population and a greater share of its economic output than the G7—and it’s set to grow further. The group’s number of members has doubled in the past two years, and with more countries applying to join—including Turkey, Malaysia and Thailand—BRICS has quickly emerged as the world’s hottest multilateral ticket.
Russia ready to help Vietnam join BRICS — joint communique
Russia expressed its readiness to assist Vietnam in joining BRICS in a joint communique issued following Russian Prime Minister Mikhail Mishustin’s visit to Hanoi.
Pakistan President seeks Russia’s support for BRICS membership
Pakistan’s President Asif Ali Zardari has sought Russia’s support to join the inter-governmental BRICS organisation, state-run media reported, saying that Islamabad’s inclusion would help enhance its role in regional and global cooperation.
Trump’s tariff threat isn’t expected to put off aspiring BRICS members
President-elect Donald Trump has pledged a 100% tariff against BRICS nations if they continue to undermine the U.S. dollar — but the threat won’t rein in the group’s expansion, analysts tell CNBC.