... with China. Last year in June, as tensions mounted at the Sino-Indian border, Russia was able to provide a channel of communication between the two parts. At the time, Moscow was chairing two crucial formats: the Shanghai Cooperation Organization and BRICS. The Kremlin thus launched a trilateral RIC videoconference, bearing in mind the notion that good relations between New Delhi and Beijing are essential to the whole Eurasian stability. Afghanistan represents another sore spot for both countries....
Barriers preventing the wider use of BRICS national currencies in trade include currency swap mechanisms and BRICS exporters' preference not to use national currencies
This article explores systemic and market barriers preventing the wider use of BRICS national currencies in trade, including ...
... take sides in this forthcoming US-China rivalry. On the contrary, it is in their best interests to confront this bipolarity and to mitigate it to the extent possible with a new emphasis on multilateralism.
India, China and Russia are all members of BRICS and of SCO; Moscow could work harder making these institutions more efficient in reaching common denominators for even highly sensitive security and development issues. There is also a separate mechanism of the Russia-India-China trilateral consultations,...
... based on the western powers’ direct state intervention. However, nowadays, the global film industry is rapidly transformed by digital technology, as the tremendous success of Netflix streaming service clearly demonstrates. This situation offers the BRICS countries a chance to participate in the creation of a new, digital global film industry by jointly launching its own streaming service. Such an endeavour is not only commercially viable but also would shape the global cultural scene, making it ...
... further elevated with the signing of the “
Special and Privileged Strategic Partnership
.” Arguably, the partnership between the two countries has been successfully reflected in many instances at regional and global platforms.
India, along with BRICS member states, abstaining its vote during the United Nations
General Assembly referendum against Russia for its accession of Crimea in 2014 and Russia’s unequivocal support to India on the Kashmir issue are few cases in point.
Regarding strategic ...
On October 6, 2020, Russian International Affairs Council (RIAC) co-hosted a webinar “The Basics of BRICSology” as part of the 4th BRICS International School 2020 organized by the National Committee on BRICS Research (Russia)
On October 6, 2020, Russian International Affairs Council (RIAC) co-hosted a webinar “The Basics of BRICSology” as part ...
Within the framework of the Russian BRICS Chairmanship in 2020, the BRICS International School and the Сontest for BRICS young leaders are merged to identify the most promising projects and research papers to enhance practical cooperation among youth from BRICS countries and beyond
Within ...
... 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 ...
