Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
Russia and Iran have joined forces to create an alternative to the SWIFT payment system that could power the BRICS alliance.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
(Bloomberg) -- Nigeria has officially joined the BRICS group of emerging-market powers. BRICS, which stands for Brazil, Russia, India, China and South Africa, has been pushing to expand in recent years as it grows in clout and has accepted other countries including Egypt, Ethiopia, Indonesia and United Arab Emirates.
BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.
Indonesia on Monday officially joined the BRICS bloc of developing nations, marking a significant expansion of the group's global influence.
Indonesia has become the newest member of the BRICS group of developing nations, in a move that could further bolster the Global South as Donald Trump’s trade policies pose risks to world economy.
According to the Ministry of Foreign Affairs, the formal acceptance to participate as a partner country highlights Nigeria's commitment to fostering international collaboration.
The U.S. government should emphasize the importance of polar diplomacy amid continuing territorial disputes among Arctic nations.
Nigeria officially became the ninth member of the BRICS group of nations as a partner country. ・Nigeria becomes the ninth member of the BRICS group of nations as a partner country. ・Nigeria aims to form strategic partnerships with other BRICS countries.
LANGKAWI - Asean needs to double down on regional integration to enhance the grouping’s competitiveness, especially at a time when changes to geopolitical structures and economic policy are taking place worldwide, said Singapore Foreign Minister Vivian Balakrishnan.