... as an Advisor to Russia’s Executive Director in the International Monetary Fund. In the beginning of 2017 he developed the BRICS+ concept based on the model of economic cooperation among the regional integration blocks of BRICS economies. In the same ... ... targeted greater use of BRICS national currencies and the creation of a common BRICS reserve currency.
Dr. Lissovolik, this year South Africa holds the chair in the BRICS block and it has declared that its main priority is the closer cooperation between Africa ...
... summits in the coming years.
Indeed, one more member of the BRICS circle, namely South Africa, after conducting a BRICS+ summit in 2018, may choose to hold it again in 2023 during its chairmanship. Judging by the countries and groups invited to the BRICS+ summit, South Africa may be leaning closer to a regionalistic approach towards BRICS+, given that in the past it has invited representatives of regional integration groups and associations. A regional approach to BRICS+ coming from South Africa may make sense ...
... development of BRICS is, of course, China’s idea to include extra-regional players in the dialogue in the «BRICS+» and «BRICS++» format. This was announced at the beginning of 2017 by Chinese Foreign Minister Wang Yi. And this is China's great contribution ... ... global issues involving the largest and most influential countries. Recalling that BRICS so far, since the summit in Durban (South Africa) in 2013, has had a habit of inviting countries of the region in the outreach format where the chair-state had the ...
