Tag Archives: BRICS

But picking new members isn’t straightforward Kampala, Uganda | BHASO NDZENDZE & SIPHAMANDLA ZONDI | Eager to escape perceived western domination, several countries  mostly in the global south  are looking to join the Brics bloc. The five-country bloc (Brazil, Russia, India, China and South Africa) is also looking to grow its …

Brasilia, Brazil | Xinhua | The BRICS bloc can play an “exceptional role” globally as it can help reduce inequality by offering developing countries financing without the onerous terms, Brazilian President Luiz Inacio Lula da Silva said Wednesday. At a breakfast with foreign correspondents, the Brazilian leader said he has high …

Harare, Zimbabwe | Xinhua | Zimbabwe has applied to join the BRICS New Development Bank (NDB), President Emmerson Mnangagwa has said. The country has submitted a request to join the NDB and expects to have the support of Russia, Mnangagwa was quoted as saying by the state-run Herald newspaper on Friday. …

Johannesburg, SA | Xinhua | South Africa has invited heads of state of all African countries to the BRICS summit, which is set to be held in August in Johannesburg, a senior government official said. “President (Cyril) Ramaphosa has decided to invite all African leaders as part of the BRICS outreach …

Addis Ababa, Ethiopia | Xinhua | Ethiopia has submitted a request to join the BRICS mechanism, said the foreign ministry on Thursday. “Ethiopia is a founding member of numerous multinational organizations, like the United Nations, the African Union and the Non-Aligned Movement,” Meles Alem, spokesperson for the ministry, told reporters. “Taking …

Johannesburg, SA | Xinhua | The South African government on Thursday started to accept media accreditation for the 15th BRICS Summit to be held in Johannesburg from Aug. 22 to 24. The deadline for the media accreditation is Aug. 11 and it will not be extended, the Department of International Relations …

Beijing, China | Xinhua | Bangladeshi newspaper Dhaka Tribune has reported that Bangladesh has formally applied to join BRICS, an acronym of five major emerging economies — Brazil, Russia, India, China and South Africa, once again drawing wide attention to the expansion of its membership. After over a decade of development, …

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 …

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 …

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 …