... respects, these considerations have dictated China’s desire to include Argentina and Iran in the union, despite all the well-known problems facing the economies of these countries.
The aggravation of contradictions between China and India, and along the China-Brazil line, has also led to a slowdown in active work in the BRICS. The rise of China, securing for it the role of the “main sponsor” of the BRICS (primarily as the main founder of the New Development Bank) presents a kind of challenge for Beijing, since the line between leadership and dominance, as the experience ...
... recent years (except in 2020), and this advantage
is predicted by the IMF until 2026
and beyond.
The
third scenario
is a careful search for a balance while preserving the existing membership of the association, goals and objectives. For this to happen, China, India and Brazil need to revise their approaches to bilateral relations, smoothing out their contradictions. BRICS should work on the mistakes after the pandemic, trying to formulate joint responses to the serious challenges that are looming today, including those caused by the Ukrainian crisis, such as a new round of food crisis globally and the economic crisis ...
... progress with Nord Stream II while expanding Permian oil and gas basin on full speed, or its growing and guided trade war with China and lately India are all signs of major concern for the custodian of the global reserve currency.
New World Begets a New ... ... fully.
Tristan Kenderdine:
US–Iran Conflict Would Strengthen China’s Position in the Middle East
China, Russia, India, Brazil, and South Africa are the founding members of the
New Development Bank
. NDB’s 2017–2021 general strategy clearly ...
... tracks in developing ties with BRICS partners – according to the Chinese media, the State Councilor and Foreign Minister Wang Yi will be visiting at the invitation of Brazilian Foreign Minister Ernesto Araujo, will attend the Formal Meeting of the BRICS Ministers of Foreign Affairs in Brazil and pay an official visit to the country from July 24 to 26. China will likely seek headway in talks with BRICS counterparts on economic issues pertaining to investment and trade – while major progress is unlikely in the short-term China will likely patiently keep these venues of cooperation on the radar screens ...
... Bolsonaro and his party (the Social Liberal Party).
If top level contacts do make it possible to overcome ideological fears and improve mutual understanding, Araújo is likely to pay much attention to an alliance with Russia, including possibly in the BRICS format. Brazilian diplomacy may need Russia as a counterbalance to China’s influence in the bloc. For Brazil’s right-wing politicians, China remains a source of a far greater number of phobias than Moscow. Despite opening its economy in recent decades, formally, China remains a communist country and is the greatest ...
... a leader in the process. The paragraph on preventing militarization of outer space did not contain references to the Russia-China initiative.
Andrey Kortunov:
Why the World is Not Becoming Multipolar
The initiatives discussed not only in the Business Club, but also at the BRICS Expert Council are gradually moving to the fore. Those are, in particular, issues pertaining to people-to-people contacts ... ... World Health Organization’s Global Ministerial Conference on Ending Tuberculosis held in Moscow, the World Water Forum in Brazil, the Vaccine Research and Development Center and matters related to outer space – that is, everything that was not listed ...
... conventional weapons in space). These endeavors were repeated in 2007 when Russia and China simultaneously
suggested
concluding a new agreement on space non-militarization... ... obligatory implementation. However, today the balance of powers is shifting which means the BRICS nations may lobby their interests louder and achieve global goals.
But proclamations... ... Russia’s Global Navigation Satellite System has a ground control station in Brasilia (Brazil) while Brazil is currently
developing
the second launcher family with the help...
... for a Brighter Future».
The second round of the chairmanship is on, and a decade of successful cooperation development within BRICS in such key areas of interaction as policy and security, economy, trade and investment, agriculture, science and innovation, education, health, culture, etc. has passed. The first summit of the heads of state from Brazil, Russia, India and China (BRIC) was held on the initiative of Russia in 2009 in Yekaterinburg. The format was considered successful, and summit meetings ...
... including civil society consults initiated by Russia, preceded the summit and they will also follow it; all in all, they will be held
in over 30 areas
. Particular mention should be made of the BRICS Think Tank Council (BTTC) which brings together BRICS strategic centers in Brazil, Russia, India, China, and South Africa. Expert recommendations drafted at the scheduled meeting of the
Goa BRICS Academic Forum in September
were brought to the attention of the heads of state.
What changes did take place in a little over a year between Russia’s ...
... Nor does it contribute to the generation of sufficient resources to finance development programmes in the BRICS countries and those of its partners. A number of bilateral agreements on financing development programmes have already been reached between BRICS countries, including agreements on currency swaps (between China and Brazil) and bilateral loans (
between China and South Africa
).
Despite the fact that the BRICS countries are able to finance development programmes on a bilateral basis, a number of incentives encouraged them to set up the bank — firstly, the need ...
