Tag: BRICS
๐ฒ๐พ๐ Malaysia officially accepted an invitation to become a BRICS partner country, the country’s envoy says
Malaysian Ambassador to Russia, Cheong Loon Lai confirmed to Russian media that Malaysia received an official invitation in mid-November and responded positively to Moscow, the current BRICS chair. ๐ This follows a recent BRICS summit in Kazan, where Russian President Vladimir Putin announced that a list of prospective partner countries had been agreed upon, although…
๐ป๐ช Venezuela to Propose Oil Projects to BRICS
World leaders are gathering in Kazan for the BRICS summit, and among them is Venezuelan President Nicolas Maduro, who arrived last night. Stepping off the airplane, he addressed journalists, stating that BRICS countries need the “oil muscles” of both Russia and Venezuela. Currently, the 9 BRICS member states represent 32% of global oil and condensate…
Algeria, Nigeria and Uganda received the status of BRICS partner countries
At the BRICS summit held in Kazan, a decision was made to introduce the status of a partner country of the association. It has already been received by 13 countries, including Nigeria, Algeria and Uganda. Also now included among BRICS partner countries are Turkey, Kazakhstan, Uzbekistan, Belarus, Bolivia, Cuba, Indonesia, Malaysia, Thailand and Vietnam. Currently,…
South African Government in Disagreement Over Putin, Russia
South Africa’s two biggest parties in its Government of National Unity is in disagreement over whether Russia should be considered an ally. In a briefing held at the Kremlin before the XVI Brics Summit in Kazan, Russia, South African President Cyril Ramaphosa told Putin that Russia will remain South Africa’s ally: “We are rather pleased…
BRICS partner status: what is it and who is eligible?
Belarusian President Alexander Lukashenko was the first to announce that his country has become a BRICS Partner Country. Russian presidential aide Yuri Ushakov earlier revealed that thirteen countries are vying for this status. Hereโs what we know about BRICS Partner Country status: The status denotes an alternative to full membership, allowing participating nations to engage…
A feast not just for the eyes: Which Tatar delicacies will BRICS Summit guests dine on?
The guests of the BRICS Summit slated to be held in the Russian city of Kazan from October 22 to 24 are in for quite a culinary treat. One of the venues the summitโs attendees are expected to visit is the Tugan Avylym restaurant-entertainment complex where a veritable feast will await them. Some of the…
The Shifting Global Order and Its Impact on Africa
The Shifting Global Order and Its Impact on Africa The global geopolitical landscape is undergoing a profound transformation, and African nations must navigate these changes strategically to secure their interests. As the United States’ influence declines and the BRICS blocโcomprising Brazil, Russia, India, China, and South Africaโgains momentum, the global balance of power is shifting…
BRICS Investment in Nigeria Surges 189% in Six Months
Nigeriaโs foreign capital inflows from BRICS nations surged by 189% in the first half of 2024, rising from $438.72 million in 2023 to $1.27 billion, according to data from the National Bureau of Statistics (NBS). This increase comes amid Nigeriaโs efforts to join the expanded BRICS coalition, which added Saudi Arabia, Iran, Egypt, Ethiopia, and…
BRICS+ countries launches a dialog platform on the diamond industry, the Russian Finance Ministry said
“Within the framework of the Russian BRICS Presidency, the inaugural meeting of the informal dialogue platform on cooperation in the diamond industry was held in Moscow on October 9 in a hybrid format on the sidelines of the meeting of BRICS finance ministers and central bank governors,” the ministry said in a statement after the…
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