... BRICS experience in this sense is very illustrative. Russia’s trade and economic interaction with BRICS partners has only grown since the large-scale and unprecedented restrictions were imposed on our country. We are reaching record trade levels with Brazil, India and China.
There has been a steady development of the whole range of cooperation in three key areas: politics and security, economy and finance, and humanitarian contacts. The recent examples of practical achievements in BRICS include the launch of the BRICS ...
... 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 ...
... sanctioned objects in the mirror are closer than they appear.” In other words, China may also be a subject to sanctions at one point partially or 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 highlights the bank’s commitment and intention to be new in three areas: 1) new relationships; 2) new projects and instruments; ...
... services-based exports, such that commercial exchanges are not contingent on the fortuitousness of serendipitous circumstances, like the Indian pharmaceutical industry’s entry into Latin America, which in the main, was the enabling by-product of the Lula led Brazilian government’s tiff with US pharma companies who refused to revise prices for anti-retroviral drugs, or for that matter, India stepping-up to source soy-imports from Argentina in 2010-11, bailing the South Atlantic nation out, from the dislocating impact of a cataclysmic shuttering by China of its soy-imports. To the contrary, trade ties should actually acquire the character of a genuine mutually beneficial partnership, infusing not just financial well-being through increased incomes, but also accretion through value-added technological ...
... Delhi to continue to receive an endless supply of “carrots” from Washington unless India has additional insurance and an alternative counterbalance.
For Russia, the current... ... 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... ... 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...
... of Russian partners.
2. In 1988 China and Brazil concluded an
agreement
on cooperation in S&T sphere followed by initiating China Brazil Earth Resources Satellite (CBERS) program — a long-term driver of joint cooperation. Remote sensing satellites are a ... ... monitoring, water resources monitoring, urban growth, soil occupation, education and other applications.
3. In 2011 Russia and India
launched
a scientific-educational satellite called YouthSat to study solar flares and their influence on the Earth.
4. ...
... 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 became annual. In 2011, the most economically developed state of Africa, South Africa, became an official member of the ...
... 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 ...
... banks — for example, the World Bank — and start to 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 ...
... 2013.
30
. 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....