... 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 ...
... 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; 3) new ...
... 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... ... “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... ... 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...
... 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. 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 ...
... 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 association at the summit in Sanya (PRC) with the aim of strengthening South-South ...
... association’s opponents emphasize the fact that the BRICS states do not demonstrate a united foreign policy front. For instance, they do not always vote together on important issues in the UN Security Council, and
China does not entirely welcome
India, Brazil, and South Africa’s desire to become permanent members of the Security Council.
Yet political reality tells us different. Recently, the US and the West, without making an open declaration to that effect, have been taking BRICS seriously, which is proved ...
... 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 ...
....nl
Infosheet 18, 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....
... world according to legitimate aspirations of their peoples” and “…share the principle that the use of force should be avoided”.
During the March 17, 2011 vote on Resolution 1973, which opened the way for NATO to bomb Libya, Brazil, India, Russia and China abstained, while South Africa supported it.
The three initial summits centered on coordinating economic policies, whereas the fourth meeting, on March 28-29, 2012 in Delhi, was devoted to the theme "BRICS Partnership for Global Stability, Security and Prosperity" ...