On November 6 and 7, the summit “BRICS+ Brazil 2025: Opportunities and Challenges” was held at the Pontifical Catholic University of Minas Gerais (Belo Horizonte, Brazil). The event was organized jointly by the Russia–Latin America Observatory of the Pontifical Catholic University ...
... Africa, Russia, and other BRICS member states.
Tariffs are not only about trade but also—as U.S. experts point out—control. Trump is trying to contain the rise of new alternative globalization, which is forming around BRICS and even broader, around BRICS+. However, the paradox of this situation is that such measures do not restrain the development of trade and financial directions within BRICS but rather accelerate it.
A new wave of protectionist trade policies in the U.S, which surged after the ...
By Eugene Fransua Arokiasamy, CEO & Nao Margaret Samuel, Special Senior Advisor (Agentic AI), MyProdigy and Women’s Social Foundations of Malaysia
Isn’t it remarkable how far society has come? When I first received my blog page on the Russian International Affairs Council (RIAC) platform in 2014, I was one of only eight contributors, and the first from Asia. At that time, I was using a laptop running on Windows XP. It weighed 2.5 kilograms, had four main processing pathways, and though it felt revolutionary...
Ilsur Metshin, Mayor of Kazan, Chairman of the BRICS+ Association of Cities and Municipalities, on inter-municipal co-operation of BRICS+ countries
Right now the Brazilian city of Marica is hosting the General Assembly of the BRICS+ Association of Cities and Municipalities. Representatives from ...
... Saudi Arabia and UAE. Perhaps, the only remaining region left outside the core is ASEAN/South-East Asia. Indonesia was discussed as a possible member, but it opted to stay on the sidelines in the end with the possibility of entry in later periods.
On BRICS+ format and the circle of friends of BRICS
: in para 92 of the Declaration the BRICS have tasked the Foreign Ministers “to further develop the BRICS partner country model and a list of prospective partner countries and report by the next Summit”....
It is possible to expand the communication lines between the BRICS and the G7, but most likely in terms of the sequencing of their outreach the BRICS will opt to prioritize the South-South format of BRICS+
Yaroslav Lissovolik is the Founder of BRICS+ Analytics
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– a think-tank that explores the potential of the BRICS+ format in the global economy. Previously he worked as chief economist and head of research in Deutsche Bank Russia, the Eurasian ...
What is BRICS+?
What is BRICS+?
Despite the fact that the BRICS+ initiative was first proposed in 2017, there is still hardly any concrete framework or overarching concept advanced by any of the BRICS countries. The main theoretical forays into the BRICS+ concept ...
... and South Korea. At the same time there remains scope to complement the active ASEAN-EU links with greater engagement of ASEAN countries with the platforms developed by the Global South. In particular, ASEAN could become one of the key pillars in the BRICS+ global platform, it could also play a leading role in the creation of platform for Eurasia’s developing economies (Greater Eurasia).
Furthermore, ASEAN could also be a leading force in advancing cooperation between regional integration arrangements....
If China’s vision of BRICS+ provides the broadest horizontal span of the Global South, Russia’s vision of BRICS+ prioritizes the depth and alignment of integrating BRICS states’ priority regional projects
Amid an unprecedented spike in global geopolitical risks, the ...
... Eurasian Economic Union and China’s BRI may be a useful tool of rendering China’s and Russia’s infrastructure projects more harmonized, but a common globalization framework requires a broader platform. Such a platform may be represented by the BRICS+ framework that brings together the main regional integration blocs from the developing world and their development institutions.
More generally, what is of concern in the “new globalization race” is the competitive if not opposing nature of ...