BRICS

BRICS expansion as a win for African countries

Business /

Experts from the Global South view the recent expansion of the BRICS bloc as a positive development. “Any expansion means more voices for those who were unheard and left out of the integration process,” stated Aravind Yelery, a professor at India’s Jawaharlal Nehru University. This perspective emerged during a meeting of 40 think tanks organized by the International Department of the Communist Party of China Central Committee and the China Media Group. The gathering addressed the future of global development amid significant change and turmoil, ahead of the upcoming BRICS summit in Russia from October 22-24. Originally comprising Brazil, Russia, India, China, and South Africa, BRICS expanded earlier this year to include Saudi Arabia, Egypt, the United Arab Emirates, Iran, and Ethiopia. Many believe this expansion will amplify the voices of more countries on the international stage. With the Global South representing about 40% of global GDP and 85% of the world’s population, its influence in global affairs is growing. The expansion of BRICS is seen as a way to create more balance against the Western-dominated international order.

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Putin open to peace talks on Ukraine, rejects annexation concessions

World /

During a meeting with media representatives from BRICS nations, Russian President Vladimir Putin expressed Moscow’s readiness to engage in discussions to resolve the Ukraine conflict. Putin warned, “This is yet another provocation. In today’s world, creating nuclear weapons isn’t particularly difficult. I’m unsure if Ukraine currently has the capability to pursue this. While it may not be easy for Ukraine, the process itself is straightforward and dangerous. Any move in this direction will provoke a response.” Ukrainian President Volodymyr Zelensky has been accused of suggesting that Ukraine might seek nuclear weapons if it does not secure NATO membership. He conveyed to European Union leaders that Kyiv needs a strong deterrent against Russian aggression. Zelensky stated that Ukraine has no intention of developing nuclear arms or posing any nuclear threat, emphasizing the need for accurate information in the media. He reiterated his belief that Ukraine should be integrated into NATO, referencing the Budapest Memorandum, under which Ukraine gave up its nuclear arsenal in exchange for security assurances. Putin expressed approval of the peace proposals from China and Brazil, suggesting they could serve as a basis for peace. However, he firmly rejected any concessions regarding the status of the four Ukrainian regions annexed by Moscow in September 2022.

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24 countries’ leaders to come to BRICS summit 

World /

Yuri Ushakov, Russia’s foreign affairs adviser, announced Thursday that 24 leaders have confirmed their attendance at the upcoming BRICS summit in Kazan later this month. Ushakov specified that leaders from nine member states will be present, including Xi Jinping of China, Luiz Inácio Lula da Silva of Brazil, and Masoud Pezeshkian of Iran. He noted that invitations were extended to 38 countries, encompassing both member states and nations interested in collaborating with BRICS, during a news briefing in Moscow. The BRICS alliance, established in 2006 by Brazil, Russia, India, and China, welcomed South Africa in 2010 and has recently expanded to include Iran, Egypt, Ethiopia, and the United Arab Emirates. Saudi Arabia is considering joining, while Azerbaijan has submitted a formal application.

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Putin: 34 countries have expressed desire to join

Africa /

Russian President Vladimir Putin met with high-ranking representatives of BRICS countries on Thursday (Sep. 12). Russia took the rotating presidency of the group in 2024.  Putin who met with the representatives in the Konstantinovsky Palace in Saint Petersburg announced a possible new wave of BRICS expansion.  “We cannot ignore the increasing interest in BRICS from many countries. Today, more than thirty countries, specifically 34, have expressed a desire to join our union in one form or another. Therefore, an active discussion has been initiated among all BRICS participants regarding the modalities for a new category of partner states.”  The meeting is part of the 2-day BRICS security summit set to discuss the parameters of the future world order. Th intergovernmental organization comprises Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates. It has a stated aim to build a multipolar world. Its founding members have called for a fairer world order and the reform of international institutions like the United Nations, the International Monetary Fund and the World Bank.

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