... forums as G20 where developed states thus far largely play a dominant role.
India’s and Africa’s key role
Ekaterina Arapova:
The Indo-Pacific Economic Framework for Prosperity: America’s Answer to the Regional Comprehensive Economic Partnership?
India and South Africa may play an important role in developing the North–South ties and in the evolution of BRICS+ toward greater openness and inclusivity. Representing the developing world in such projects as the emerging system of economic cooperation in the Indo-Pacific, India may also become a key factor in connecting the platforms of the North and the ...
... entails periods of growth, agenda expansion, predominance of centripetal forces, crisis passing, when it is essential to review goals and objectives and synchronize views. In the last few years, nearly a decade into its establishment and operation, BRICS is facing a crisis. On the one hand, the crisis has a specific set of causes, which include an economic downturn in three of its countries (Russia, Brazil, South Africa) as well as the worsening contradictions between China and India or between China and Brazil. The accumulated dissatisfaction with the actual results of the grouping’s ten years of operation has also contributed to these trends, since many initiatives remained mere slogans, including the goal to amplify the ...
... 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 Bank
As a default ... ...
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 highlights the ...
BRICS Attracted Far Greater Positive Attention than its Rivals
The second cycle of ... ... a trade war with its principal rival. No matter how much Washington may be courting India seen as a main counterbalance to China in the new political and geographical setup... ... “the fourth industrial revolution,” and Africa’s special role in the context of South Africa’s claim to leadership on the continent. On the other hand, each party...
... scientific-educational satellite called YouthSat to study solar flares and their influence on the Earth.
4. The IBSA trilateral alliance (India, Brazil, South Africa), formalized in 2003, stands for reciprocal exchange of knowledge in S&T sphere in space domain.
5. Surprisingly, in this “adult” realm youth dimension has its voice: in the wake of the first Youth BRICS Summit (2015) Ministers of the Youth Affairs
suggested
creating a common space station (that would be required after expiration ...
... resolving such disputes and prevent new conflicts after meeting of the leaders in Xiamen. Certain contradictions between Russia and India are associated with the support of Pakistan and a number of issues in the area of military and technical cooperation.
Yuri Zaytsev:
BRICS New Development Bank: From Private to Public
The interests of resource producing countries and consumer countries also rarely coincide. In this regard, there is a number of contradictions with both Brazil and South Africa. The countries are at different stages of development and have different economic strategies, not to mention different ...
... 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 and India’s ...
... operate in new areas, such as insurance and arbitration services.
Parallel initiatives can also help to improve the bank’s work. For example, the Russian Direct Investment Fund (RDIF), China’s Silk Road fund, Brazil’s BTG Pactual, South Africa’s DMSA and India’s IDFC all signed an agreement at the BRICS Summit in Ufa on joint investment and infrastructure projects. It is expected that the funds will be used on a bilateral basis with a focus on investment projects and capital shares,
rather than on debt financing
. This will increase shareholders’ ...
...
. Business TASS. November 21, 2012.
31
. South Africa MUST do More to PUT Africa at Core of Commercial, Foreign Policies // Standard Bank. June 12, 2012.
32
. Tjonneland, E. N. Providing Development Aid to Africa. Comparing South Africa with China, India and Brazil. // SAFPI Policy Brief 25. Cape Town: South African Foreign Policy Initiative. 2013.
33
. Kandalinstev, V. The BRICS Countries in the Flow of Foreign Direct Investments // Eastern Analytics. Yearbook 2012. Economics and Politics of Eastern Countries. Moscow. Institute of Oriental Studies of the Russian Academy of Sciences. 2014.
www.blisvet.ru
(in Russian).
4
...
... the way for NATO to bomb Libya, Brazil, India, Russia and China abstained, while South Africa supported it.
The BRICS states also differed in their votes on Syria: Russia and China vetoed the resolution intended to depose President Bashar Assad, while South Africa and India abstained.
With time, the BRICS states’ actions are coming into alignment, as can be seen from their fifth summit of March 26-27, 2013 in Durban, South Africa, which saw them confirm their rejection of any further militarization of the Syrian conflict. The resultant
eThekwini ...
