Paraguay’s president and Mercosul pro tempore Santiago Peña confirms willingness to negotiate a free trade agreement with BRICS while pursuing partnerships with UAE, Asian nations.
South Africa hosts ‘Will for Peace 2026’ maritime exercises involving BRICS Plus nations, raising questions about the bloc’s evolving role.
MEA emphasizes exercise was South African initiative, not institutional BRICS activity
India clarifies its non-participation in the BRICS Naval Exercise as a South African initiative, emphasizing existing trilateral maritime cooperation frameworks.
The BRICS group faces increasing geopolitical and economic divisions, complicating unified action and expansion efforts
India’s Ministry of External Affairs clarifies that the South Africa-organized naval exercise was not an official BRICS institutional activity, with only some member countries participating.
India clarifies its absence from the South Africa-initiated naval exercise involving some BRICS members.
Analysis of BRICS’ strategic shift toward alternative payment systems and financial independence from Western-dominated structures.
India’s Ministry of External Affairs states the BRICS naval exercise in South African waters was a unilateral South African initiative, not a formal BRICS institutional activity.
