... University Higher School of Economics, Moscow.
The new economic crisis, the economic “disengagement” of the United States and China, and America’s long-term policy of double-pronged containment of China and Russia are boosting the importance of closer BRICS cooperation on global economic governance. Specifically, it would do well to reduce its dependence on US-controlled economic institutions and tools. Gaining in significance is the elimination of the US dollar as the commercial payable and receivable ...
BRICS could become the key pillar of the new emerging economic architecture
In the beginning of 2020 Russia assumed chairmanship in the BRICS amid an escalation in geopolitical risks and further shocks to the global economy. Among the plethora of priorities ...
... changing international environment. Hence, the priority goal for both nations’ leaders is to ensure trust between Russia and India via personal contacts at the highest political level such as annual summits and within the multilateral fora such as G20, BRICS, and SCO.
Another instrument to address the risk of growing political gap between Russia and India is to reinvigorate economic ties between the two countries and make both economies more interconnected. It is high time decision makers in both countries ...
Article by Foreign Minister Sergey Lavrov for the media of the BRICS countries "BRICS Strategic Partnership for Global Stability, Shared Security and Innovative Growth", November 12, 2019
On November 13–14, 2019, Brasilia will host the 11th BRICS Summit. In the run-up to this key event of the year ...
In the past several weeks ahead of the BRICS summit in Brazil a number of initiatives were unveiled by representatives of the BRICS economies. One of the more significant discussions centered on the expansion in the membership of the New Development Bank (NDB). According to the Deputy Finance ...
... Post-Soviet economic integration, which was launched in 2009 as part of the Eurasian Economic Union (EAEU), acquired a Central Asian accent.
Bilateral relations and multilateral formats — in particular, as part of the Shanghai Cooperation Organization, BRICS and RIC (Russia, India, China) — have created conditions in which Russia, neither the largest nor a dominant player, has so far been able to maintain balance with more powerful or advanced countries and stand up for its interests more or less ...
... envisioned between the two countries seems getting solidified.
Regional Organizations
India and Russia have been closely associated in the multilateral organizations both at the global and regional levels. The two leaders spoke of the significance of the BRICS, R-I-C and Shanghai Cooperation Organisation (SCO). In fact, the SCO was of major focus during the discussion between the two leaders. To make SCO an important and strong pillar, the SCO members are currently engaged
in the joint military exercise ...
... protracted play.
When President Yeltsin first submitted an application for Russia’s membership in the G7 back in 1992, there were simply no other alternative associations in the world where Moscow could try to squeeze in. Structures such as the G20, BRICS or SCO did not exist at the time, and Russia’s membership in NATO and the European Union seemed unrealistic even then. Therefore, joining the “Group of Seven” not only pursued situational tasks (access to financial and technical assistance ...
It is the time for a more inclusive global financial structure
Sanctions and Sacrifice of Generations
Ivan Timofeev:
US Withdrawal From the JCPOA and Anti-Iranian Sanctions: Pros and Cons
I have lived through sanctions. I know their aroma of depravity, their unipolar projections of might, and their arbitrary fright on lives of ordinary people, economies and generations who live and are raised through sanctions.
I have seen families in distress and anguish not being able to access and provide...
On August 28, 2019, Russian International Affairs Council (RIAC) hosted a seminar “National Strategies of the BRICS Countries: Assessments and Prospects for Cooperation” within the BRICS School program
On August 28, 2019, Russian International Affairs Council (RIAC) hosted a seminar “National Strategies of the BRICS Countries: Assessments and Prospects ...