SCO & BRICS latest news and insights
Container shipments from Northwestern ports have continued to recover after falling sharply following the outbreak of hostilities in Ukraine. In the first two months of the year, they increased by 121%, although in February they were still 28% behind the monthly average for 2021. Market participants...
During a meeting with the head of the board of the Eurasian Economic Commission, Bakytzhan Sagintayev, Russian President Vladimir Putin suggested that the economies of the countries in the Eurasian Economic Union (EAEU) be included in the work of BRICS.
Russia is presiding over BRICS this year. The...
Iran has recently become one of the newest members of the BRICS alliance, a move that signals a significant shift in its international relations.
Along with Iran, the BRICS bloc welcomed the United Arab Emirates (UAE), Egypt and Ethiopia into its fold during the latest enlargement. However, Argent...
By Timofei Bordachev
Discussions about what BRICS can actually do and what it can’t should begin with an understanding of how much the achievements or failures of other international institutions are related to their individual characteristics. The second may be a theoretical task, but it makes cl...
By Ivan Timofeev
The creation of new financial mechanisms through BRICS is one of the most promising fields for the development of the association. In the final declaration of the BRICS countries after the 2023 Summit, financial policy was given quite a lot of attention. In particular, it was sta...
In a significant move, India and Russia have agreed on a new Rupee-Ruble exchange mechanism, marking a pivotal moment in their longstanding relationship. This development is not just an economic arrangement but a reaffirmation of the deep-rooted friendship and strategic partnership that has weathere...
