SCO & BRICS latest news and insights
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...
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...
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...
India, the UAE’s second-largest trading partner, has made its first-ever payment in rupees for crude oil purchased from the Emirates, signalling what could be a paradigm shift in dollar-denominated global trade transactions while giving a game-changing fillip to the booming two-way trade that is on...
By Rhod Mackenzie
The Russian President Vladimir Putin visited the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia on official business.
In Abu Dhabi, Putin engaged in talks with UAE President Mohammed bin Zayed Al Nahyan that discussed the current state and potential future of the mu...
By Timofey Bordachev
The visit of the Russian President to Saudi Arabia and the United Arab Emirates (UAE), as well as the extensive program of negotiations of the delegation accompanying him, is an excellent indicator of how much freer the leading countries of the World Majority have become in th...
