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Tag Archives: BRICS

South African economist hails BRICS cooperation for mutual benefit

Johannesburg, SA | Xinhua | Through its many initiatives, BRICS countries seeks to improve the world’s financial architecture and systems of trade and investment so as to strengthen economic performances of countries in the Global South, said Kenneth Creamer, a senior lecturer at the University of the Witwatersrand. BRICS is the …

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South Africa expects more benefits from BRICS cooperation: official

Johannesburg, South Africa | Xinhua | South Africa continues to look to BRICS for promoting industrialization, increasing trade and investment, growing the economy and reducing unemployment, said a senior government official Thursday. “South Africa’s trade with other BRICS countries is significant; this is particularly the case with China,” said Ebrahim Patel, minister …

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Are the BRICS breaking up?

There appears to be an identity crisis over attempts to turn it into a platform for Chinese and Russian interests COMMENT | SHASHI THAROOR | The recent virtual BRICS summit, which brought together the heads of state and government of Brazil, Russia, India, China, and South Africa, was interesting as …

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Iran pursues dynamic diplomacy to counter U.S. isolation

Tehran, Iran | Xinhua | U.S. President Joe Biden’s first Middle East tour meant to rally support to counter what he called “Iranian threats” is most likely to see a watered-down achievement, given Iran’s sustained efforts to improve relations with neighbors and other countries in the region, analysts said. A handful …

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Xi warns of globalisation backlash at BRICS summit

Benaulim, India | AFP | Chinese President Xi Jinping said Sunday a rising tide of protectionism and anti-globalisation was endangering the world economy’s still fragile recovery as BRICS leaders vowed to forge closer business and trade ties. At a summit in the Indian tourist hub of Goa, host Prime Minister …

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