SCO & BRICS latest news and insights
An article on the Oilprice website reports on the expansion of and the deepening of the cooperation between Russia and Iran, with a focus on energy, particularly gas. Earlier this year, the Iranian Supreme Leader Ali Khamenei approved a 20-year comprehensive cooperation agreement, similar to the 25-...
Russian oil companies experienced payment delays for crude oil and fuel of up to several months. According to Reuters, this is due to several banks in China, Turkey, and the UAE being afraid of secondary sanctions. However, experts suggest that the situation is not critical.
Eight sources cited by...
By Rajiv Bhatia
On 1 January 2024, the chairship of BRICS shifted from South Africa to Russia, with a full agenda in tow. BRICS, a multilateral forum of five nations – Brazil, Russia, India, China, and South Africa – made history by accepting the applications of six other states – Argentina, Saudi...
By Julius Alagbe
A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for economic transformation.
The experts made the call at a summit in Abuja on Tuesday, with the theme: “BRICS+ And Global South...
Bahrain is keen to join BRICS and take part in the association's work, but there are a number of obstacles. The Ambassador of Bahrain in Moscow, Ahmed Al-Saati, told RIA Novosti on 26 March.
The ambassador noted that the country seeks to join and participate in the work of both BRICS and other int...
The alliance between Russia, China, and Iran poses a significant threat to the United States and its allies. According to The Economist magazine, the sanctions imposed by Western states have united these countries against a 'common enemy.' They advocate for a multipolar world that is no longer domin...
