... they are more willing to hire local staff. The presence of large and deeply rooted Indian diaspora in Africa makes it easier for Indian companies and enterprises to find local partners.
www.rb.ru/blog/africangold
Aleksei Vasilyev, Evgeny Korendyasov:
Russian-African relations in
ten years: a new start
Brazil cannot compete with China in terms of finance and investment, but its “fortes” are technical assistance, new technologies and agriculture. Since 2012, the country has conducted a national programme for the development of farming enterprises and is exporting this ...
... designed to make the group a key player in the global food security regime. But they did. Now the world is waiting.
From a moral and business ethics perspective the effort makes sense and can add value to the BRICS brand.
But success depends on China, India and Brazil, who are impacted by drought and infrastructure problems that step on their economic performance. And Russia is dealing with a sanctions regime that includes food, orchestrated by Washington and its European allies.
BRICS food security. A slow rollout?
It's one thing to move cautiously to manage risks. It's something else to move slowly ...
... between Brazil and China was actually boosted by the 2014 BRICS summit in Fortaleza, where
agreements were signed
on cooperation in the development of electronic communications and security systems for the protection of ground and maritime borders.
In Brazil, Russia and China, as it often happens, are playing in different time perspectives rather than in different weight categories.
An enormous boon for China was
the USD 52 million order for the construction of the oceanographic vessel
Vital de Oliveira
for the Brazilian ...
... economic power, the BRICS are destined to remain a micro, rather than a macro alliance.
Looking at the statistics below, the BRICS appear to dominate the world's basic iron ore and basic steel producers.
Top 10 Iron Ore Producing Nations
1 China
2 Australia
3 Brazil
4 India
5 Russia
6 Ukraine
7 South Africa
8 USA
9 Kazakhstan
10 Iran
Top Steel Producers 2013 in millions of crude tons
Arcelor Mittal Luxembourg 96 million tons
Nippon Steel-Sumitomo Japan 50.1
Hebei Group China 45.8
Bao Steel Group China 43.9
Wuhan Steel Group ...
... world according to legitimate aspirations of their peoples” and “…share the principle that the use of force should be avoided”.
During the March 17, 2011 vote on Resolution 1973, which opened the way for NATO to bomb Libya, Brazil, India, Russia and China abstained, while South Africa supported it.
The three initial summits centered on coordinating economic policies, whereas the fourth meeting, on March 28-29, 2012 in Delhi, was devoted to the theme "BRICS Partnership for Global Stability, ...
