BRICS Proposes New Instruments for Industrial Cooperation with Africa
BRICS participants discussed independent payment systems, industrial cooperation tools, a logistics center in Egypt, and business-education initiatives at the Russia-Africa forum.
BRICS participants discussed independent payment systems, industrial cooperation tools, a logistics center in Egypt, and business-education initiatives at the Russia-Africa forum.
The political continuity under Lula strengthens strategic and economic ties, particularly in rare earths, between India and Brazil
Malaysia’s Deputy Foreign Minister told Parliament that trade with BRICS member countries surged in the first half of the year as the government seeks to diversify partners, expand exports and strengthen cooperation with the bloc.
Brazil’s re-elected president could use the country’s weight in BRICS to promote alternative currencies, development finance, energy transition and global governance reform.
Lula’s fourth term may have spared BRICS an internal fracture at a time when Trump is trying to reassert US power.
An analysis says Lula’s return to Brazil’s presidency could strengthen BRICS and Global South voices, deepen India-Brazil cooperation, and support UN Security Council reform, while local-currency trade remains a possible focus.
The third ‘Dialogue with BRICS’ conference opened in Jinan, China, connecting over 100 business delegates from 30 countries and regions with more than 200 Shandong companies.
An ET commentary argues that US sanctions and dollar dominance constrain India, while BRICS discussions on cross-border payment interoperability and local-currency settlement could provide an alternative route, potentially centred on China’s CIPS and the renminbi.
An opinion piece distinguishes the official BRICS Summit from the private iBRICS business event and examines its relationship with the New Development Bank and BRICS financing principles.