Search: BRICS,ASEAN (6 materials)

Integration along the North–South Axis: Opportunities for Coupling

... agreements on digital economy, with Singapore as the acknowledged leader. With ASEAN states increasingly involved in economic cooperation both with developed nations (such as interactions along the ASEAN-EU axis) and developing economies (Cambodia as an ASEAN representative taking part in the 2022 BRICS+ summit), this regional integration may become the pivotal factor in coupling integration projects of the North and the South. At the same time, we should note that the acute North–South competition could require certain consistency on the part ...

25.07.2022

The ‘Multiplier Effect’ of BRICS+

... core may involve a sequential addition of one or several countries representing the most significant heavyweights (possibly members of G20 from the Global South). The alternative is the aggregation of the regional integration blocs of all of the five BRICS members – represented by the BEAMS platforms consisting of BIMSTEC, Eurasian Economic Union, the ASEAN-China FTA, Mercosur and the South African Customs Union – leading to the addition of up to 25 members (the 5 times 5 geometric progression – or the 5 BRICS taken to the power of 2) of the BRICS+ circle that are the regional neighbors/partners ...

24.06.2022

BRICS+: It’s Back With Scale and Ambition

... 2022) and Argentina (chairmanship in CELAC in 2022) is suggestive of a regional approach to building the BRICS+ platform. That regional approach was also evidenced in the Forum of political parties, think-tanks and NGOs that was held on May 19th in BRICS+ format - among the countries invited to participate were Cambodia (chairmanship in ASEAN in 2022) as well as Senegal and Argentina that represented Africa and Latin America respectively. In effect China thus presented an inclusive format for dialogue spanning all the main regions of the Global South via aggregating the regional integration ...

10.06.2022

Revisiting the R5 Paradigm

... is the African Continental Free Trade Area launched in 2018. Another important development is the rising coordination among the regional integration blocks and the signing of the respective memoranda between the Eurasia Economic Union, MERCOSUR and ASEAN. The possible scope for the use of national currencies within the R5 paradigm has also been broadened in recent periods via the expansion in the membership of the BRICS New Development Bank (NDB). In particular, among the new members of NDB is United Arab Emirates whose currency could be used in mutual settlements within the R5+ circle as well as transactions undertaken by NDB itself. There are other new members ...

01.04.2022

New Members for BRICS New Development Bank?

... platform of regional development banks could comprise the Eurasian Development Bank (EDB), the Development Bank of South Africa (DBSA), the SAARC Development Fund (SDF), Mercosur Structural Convergence Fund (FOCEM), China Development Bank (CDB), China-ASEAN Investment Cooperation Fund (CAF), and the New Development Bank (NDB). As noted before, within this group of development institutions, the NDB could potentially perform a coordinating role with respect to BRICS+ initiatives. In terms of cooperation between the regional development banks of BRICS countries, in 2016 the Eurasian Development Bank (EDB) in collaboration with the New Development Bank, Nord Hydro, and the International Investment Bank (IIB) ...

08.11.2019

Overseas views on NPC & CPPCC: China can be a stabilizer of Asia-Pacific region

... China Sea? Maavak: Negotiations should only involve claimant nations. Non-claimant outside parties have no business in getting involved in regional boundary disputes. All claimant parties -- China and relevant Association of Southeast Asian Nations (ASEAN) countries -- can agree to a broad legal framework, which can be refined as negotiations proceed towards a lasting solution. Until these disputes are territorially resolved through peaceful means at some future date, all claimant nations should ...

12.03.2016

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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