BRICS Is Non-West, but Not Anti-West

Victoria Panova, who is head of BRICS Expert Council-Russia, tells Mustafizur Rahman about the philosophy and journey of the grouping in an interview with New Age New Age: Russia initiated BRIC initially as an alliance of Brazil, Russia, India and China, formed in 2006. South Africa joined the group later, making it BRICS. How do […]

Indonesia Joins BRICS Group of Emerging Economies

Indonesia has formally joined the BRICS group, a bloc of emerging economies featuring South Africa, Russia, China and others that is viewed as a counterweight to the West. Brazil, which holds the rotating presidency of the group, declared on Monday that Indonesia was set to join as a full member. Indonesia said on Tuesday that […]

President William Ruto Reveals Plans for Kenya to Join BRICS

President William Ruto has revealed plans for Kenya to join Brazil, Russia, India, China and South Africa (BRICS). In a statement by State House, it was revealed that Kenya was planning to join the organisation that was formed in the late 2000s. Ruto, in advocating for Kenya’s bid, lobbied China to support the move. President […]

New Players on the Bloc: Is BRICS+ a Critical Challenge?

The recent BRICS+ summit in Kazan, Russia, was attended by representatives from 32 countries, with 24 heads of state present. The summit was not only a major diplomatic event for Russia but also underscored a growing push by nations in the Global South to seek alternatives to Western-dominated institutions. The expansion of BRICS to BRICS+ […]

Decoding Africa’s Interest in BRICS

From 22 to 24 October, Russia hosted the 16th annual BRICS Summit in Kazan under the theme “Strengthening Multilateralism for Just Global Development and Security.” Attended by 36 country leaders along with the UN Secretary-General, António Guterres, the event’s success underscored a growing interest in multilateralism led by Global South. This success is also evident […]

BRICS’ Potential Cannot Be Ignored

The BRICS-Asean partnership contains immense potential that cannot be ignored, says Institute of Strategic Analysis and Policy Research (Insap) chairman Datuk Dr Pamela Yong. With about 45% of the global population living in BRICS and Asean nations, Dr Yong said the partnership not only forms a huge market but also contributes to global growth and […]

Latin American Prospects for BRICS

The BRICS Summit held in Kazan from October 22–24, 2024, brought attention to several defining factors regarding Latin American countries that will be important for the continent’s political and economic development in the near term. With the admission of two countries from this region as associate members of the bloc, the Latin American presence in […]

BRICS Expansion a Boon for ASEAN

Indonesia’s formal application to join BRICS, confirmed recently by Indonesia’s Ministry of Foreign Affairs spokesperson Roy Soemirat, highlights the bloc’s increasing appeal among emerging economies. In the 15 years since its first summit in Yekaterinburg, Russia, BRICS has overcome huge internal differences and external challenges to play a vital role in global trade, development, investment […]

Arctic: The Next Frontier in India-Russia Relations

In a meeting in New Delhi, Indian officials and their Russian counterparts discussed, among others, collaboration on the training of Indian sailors for polar navigation, joint shipbuilding projects, and the development of the Northern Sea Route (NSR). For this, Indian stakeholders will collaborate with Rosatom, Russia’s state nuclear energy corporation specialising in high-tech nuclear products. […]

BRICS and the US Dollar: A New Era in Global Trade

Around 40% of Turkey’s annual natural gas demand of 56 billion cubic metres is supplied by Russia. However, payment disruptions caused by the Ukraine war and US sanctions have created significant risks for Turkey’s energy security, making the search for alternative supply routes a necessity. Despite US sanctions on Iran, Turkey has been able to […]