Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
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.
(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.
Brazil will seek to build relationships and not worsen an already tense global mood, while holding the rotating presidency of the BRICS bloc of developing economies, a top official told AFP. Diplomat Eduardo Saboia, head of the BRICS summit to be held in ...
SAO PAULO (Reuters) - Brazil's government announced on Friday Nigeria's acceptance as a partner country in the multinational bloc of nations known as BRICS.
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.
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair.
Specific initiatives of the Republic of Belarus in the SCO will be focused on the realization of foreign political interests and foreign economic interests of our country,” said Sergey Lukashevich.
A shared economic adversary could drive the two Asian giants to strengthen their Brics ties, but the way forward is far from clear.
Nigeria has officially been welcomed as a partner country in the BRICS alliance, marking a major milestone for Africa’s largest economy. Brazil announced this historic development, highlighting Nigeria’s significant role in global governance and South-South cooperation.