On May 23, 2024, the Russian International Affairs Council (RIAC) held a special session “Illegitimate Restrictions and Impact on International Situation: Opportunities for BRICS” as part of the BRICS Academic Forum “BRICS: New Figures at the Global Chessboard.”
During the special session, the experts discussed ways for BRICS to build relations with the rest of the world in the new international landscape. In particular, they addressed matters pertaining to Western sanctions that cause new risks for economic and financial cooperation among BRICS nations and their business communities. The speakers also discussed the impact of unilateral restrictions on directions for BRICS development, which offer opportunities besides posing threats (e.g. the establishment of new BRICS-based financial mechanisms and other forms of cooperation).
On May 23, 2024, the Russian International Affairs Council (RIAC) held a special session “Illegitimate Restrictions and Impact on International Situation: Opportunities for BRICS” as part of the BRICS Academic Forum “BRICS: New Figures at the Global Chessboard.”
During the special session, the experts discussed ways for BRICS to build relations with the rest of the world in the new international landscape. In particular, they addressed matters pertaining to Western sanctions that cause new risks for economic and financial cooperation among BRICS nations and their business communities. The speakers also discussed the impact of unilateral restrictions on directions for BRICS development, which offer opportunities besides posing threats (e.g. the establishment of new BRICS-based financial mechanisms and other forms of cooperation).
The special RIAC session at the BRICS Academic Forum was attended by RIAC Director General Ivan Timofeev, RIAC Academic Director Andrey Kortunov, Director of the Institute of Latin American Studies at the Russian Academy of Sciences (ILA RAS) Dmitry Rozental and Dean of the Faculty of World Economy and International Affairs at HSE University Anastasia Likhacheva.
