Round-up 28 February 2025

In this week’s round-up: President of BRICS’ New Development Bank discharged from hospital; Lula criticises Trump’s isolationist policies; Brazil proposes a joint BRICS position at the Climate Summit; Turkey’s foreign minister praises BRICS and criticises EU at talks with Russia’s Lavrov; Brazil leads BRICS push for dollar alternatives at key Rio Summit.

Is Europe still a model for BRICS in the new multipolar world?

As emerging economies rise, the global order shifts from Western dominance to a new multipolar era, challenging past imperial models while the U.S. and Europe grapple with economic and geopolitical decline, says economist James K. Galbraith.

BRICS Economies to Surpass Half of Global GDP

Russia says BRICS nations will surpass half of global economic output in 10 to 15 years.

BRICS’ stay at the helm of G20 strengthened the role of global South — Lavrov

The BRICS countries’ leadership of the Group of Twenty (G20) has bolstered the role of the Global South, contributing to the establishment of a fairer, multipolar world order, Russian Foreign Minister Sergey Lavrov stated at a news conference following the G20 foreign ministers’ meeting in South Africa.

Brazil proposes a joint BRICS position at the Climate Summit

The BRICS proposal will be presented at the 30th United Nations Climate Change Conference (COP30).

Kremlin museums partner with TV BRICS for international media support

The Moscow Kremlin Museums have partnered with TV BRICS International Media Network to promote the museum’s exhibition projects internationally. The agreement, designed to boost media coverage of the museum’s projects in Russia and abroad, particularly within the BRICS media space, was signed by Elena Gagarina, General Director of the Moscow Kremlin Museums, and Ivan Polyakov, Chairman of TV BRICS. The signing ceremony took place in the Patriarchal Chambers.

BRICS could be Donald Trump’s kryptonite

Trump’s actions suggest a revitalisation of the Monroe Doctrine in Latin America with global reach, seeking to pursue and counter Chinese influence in the world.

Turkey’s foreign minister praises BRICS and criticises EU at talks with Russia’s Lavrov

Turkish Foreign Minister Hakan Fidan praised BRICS and criticised the EU at a joint press conference with his Russian counterpart Sergei Lavrov in Ankara.

BRICS membership: A non-aligned policy breach or multipolarity push?

Nigeria recently joined BRICS countries as a partner, a move that could redefine regional trade, development, and geopolitical strategies. NGOZI EGENUKA reports that though the decision seems lofty, it seems like a violation of the country’s non-aligned policy.

Indonesia and BRICS: A view from Russia

As Indian Foreign Minister Subrahmanyam Jaishankar aptly noted, BRICS is not anti-Western, but simply a non-Western grouping.

Brazil at the Crossroads Between the West and the South: The Brazilian Presidency of the G20 and BRICS

In his third term in office, President Lula da Silva is trying to regain the global prominence of Brazilian foreign policy that characterised his previous terms (2003-2010) and those of President Dilma Rousseff (2011-2016). However, a lot has changed on the domestic and international scenes since 2016, posing complex challenges for Brazil’s capacity to resume its leading geopolitical role. In domestic politics, Lula depends on a broad front of parties, some centre-right, with interests strongly linked to Western powers.

President of BRICS’ New Development Bank discharged from hospital, back at work

Chair of the New Development Bank (NDB), former Brazilian President Dilma Rousseff who was hospitalized on February 24, has been discharged from a hospital in Shanghai and already returned to her duties.

Brazil leads BRICS push for dollar alternatives at key Rio Summit

On July 5, 2025, Rio de Janeiro will host a critical meeting of BRICS Finance Ministers and Central Bank Governors, just one day before the group’s Leaders’ Summit.

BRICS+ Series: Egypt’s Economic Transformation and BRICS+ Solutions

Egypt’s economy has faced a series of challenges, including soaring inflation rates and currency devaluation, but through strategic partnerships like its BRICS+ membership, the country is positioning itself for long-term stability and growth.

Lula criticises Trump’s isolationist policies during BRICS forum

During the meeting of the chief negotiators of the BRICS countries, held in Brasilia, the president of Brazil, Luiz Inácio Lula da Silva, criticised the policies applied by the American president, Donald Trump, without mentioning him directly.

Russia’s participation in BRICS makes it important player in international trade

Russia’s growing trade and economic cooperation with the BRICS countries speaks of its strength, which is a key factor in the system of international trade, Meechai Thaocharean, Thailand’s representative to the International Alliance for Strategic Projects BRICS, told a TASS correspondent.

Ethiopia stresses need to put development at centre of BRICS engagement

A BRICS Sherpas and Sous-Sherpas meeting concluded with a high-level session presided over by Lula da Silva, President of Brazil.

Thailand to work with BRICS countries on energy security

As a BRICS partner country, Thailand will strive to strengthen its energy security and supply chain sustainability, said Meechai Thaocharean, representative of the International Alliance of Strategic Projects BRICS in Thailand.

BRICS+ Series: Iran’s strategic role in global trade, leveraging BRICS+ membership to overcome sanctions

When discussing global trade corridors, Iran rarely takes center stage. Yet, for centuries, it has been a key player in the movement of goods across continents, straddling major land, air, and maritime routes.

China urges BRICS to play a more active role in AI governance

China urged BRICS countries to play a more active role in global artificial intelligence (AI) governance.

BRICS’ ability to drive economic growth trumps any external challenges — expert

The economic opportunities stemming from membership in BRICS far outweigh any external pressures on the alliance, with the group’s effectiveness marked by how well it can facilitate infrastructure development and industrial growth among its members, said Meechai Thaocharean, Representative of the International Alliance of Strategic Projects BRICS in Thailand.

Brazil hosts first BRICS Sherpas meeting with expanded membership

Brasilia hosted the first BRICS Sherpas meeting under the Brazilian Presidency on February 24-25, bringing together representatives from all 11 member countries at the Itamaraty Palace, the Foreign Ministry headquarters.

Russian animation studio, Brazil discuss launching BRICS TV channel for children

Chairwoman of the management board of Soyuzmultfilm, a Moscow-based animation studio, production and distribution company, Yuliana Slashcheva, who is also director-general of the Gorky Film Studio, has revealed that Brazil is interested in partnering to create a BRICS TV channel for children.

BRICS curbs attempts to put weapons into space — cosmonaut Artemyev

Attempts to place weapons in space are unsuccessful, thanks to the peace policy of the BRICS member-states, Russian cosmonaut Oleg Artemyev stated at the NXT global development forum held in the Indian capital.

 

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