BRICS as a platform for agricultural and food security cooperation
Ethiopia and Brazil, both members of BRICS, have reiterated their dedication to advancing collaboration in agriculture and food security. These efforts align with the agenda of promoting sustainable development among nations.
In Brasilia, a high-level meeting brought together Ethiopia’s Ambassador to Brazil, Leulseged Tadese, and Brazil’s Minister of Social Development and Assistance, Family and Hunger Combat (MDS), Wellington Dias.
Ambassador Leulseged spotlighted Ethiopia’s strides in agricultural transformation and its impactful school feeding programme, which not only enhances education outcomes but also strengthens food security. Minister Wellington Dias commended Ethiopia’s progress and shared Brazil’s success in reducing poverty and hunger.
Both leaders reaffirmed their commitment to addressing shared challenges—such as climate change and food sovereignty—through deeper cooperation. This partnership also reflects BRICS’s mission to foster inclusive and sustainable growth across its member states.
#NEWS #Ethiopia #Brazil #agriculture #security
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Ethiopia and Brazil, both members of BRICS, have reiterated their dedication to advancing collaboration in agriculture and food security. These efforts align with the agenda of promoting sustainable development among nations.
In Brasilia, a high-level meeting brought together Ethiopia’s Ambassador to Brazil, Leulseged Tadese, and Brazil’s Minister of Social Development and Assistance, Family and Hunger Combat (MDS), Wellington Dias.
Ambassador Leulseged spotlighted Ethiopia’s strides in agricultural transformation and its impactful school feeding programme, which not only enhances education outcomes but also strengthens food security. Minister Wellington Dias commended Ethiopia’s progress and shared Brazil’s success in reducing poverty and hunger.
Both leaders reaffirmed their commitment to addressing shared challenges—such as climate change and food sovereignty—through deeper cooperation. This partnership also reflects BRICS’s mission to foster inclusive and sustainable growth across its member states.
#NEWS #Ethiopia #Brazil #agriculture #security
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TV BRICS
Ethiopia and Brazil strengthen agricultural and food security cooperation | TV BRICS, 13.01.25
Ethiopia and Brazil have reaffirmed their commitment to deepening collaboration in agriculture and food security, aiming to enhance mutual development in these ...
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Regional digital trade in BRICS
BRICS is reshaping global digital trade with initiatives like the BRICS Pay System and the proposed BRICS Clear financial infrastructure, moving beyond participation to leadership in the global economy.
➖ BRICS Pay: secure, cost-effective solution for global digital trade
At the 14th BRICS Trade Ministers Meeting in July 2024, the group emphasised the importance of e-commerce in global growth and committed to building a secure, integrated digital trade framework that supports both B2B and B2C transactions. The Kazan Declaration 2024 highlighted the shift towards using local currencies for trade within BRICS, furthering financial cooperation among member nations.
This new approach is especially transformative for Micro, Small, and Medium-sized Enterprises (MSMEs), empowering them to access international markets with fewer barriers. The Kazan Declaration also reinforced the group’s commitment to ensuring trust, transparency, and consumer protections in digital commerce.
➖ BRICS Clear: the future of cross-border settlements in digital trade
A key development is the creation of BRICS Clear, an independent cross-border settlement infrastructure. This system will allow #BRICS countries to directly settle transactions, bypassing traditional financial networks and their associated fees. Supported by the New Development Bank (NDB), BRICS is building an internal financial framework to strengthen regional growth and reduce reliance on external systems.
With these initiatives, BRICS is setting a new precedent for independent, secure, and inclusive cross-border e-commerce, fostering economic resilience and empowering emerging markets globally.
#NEWS #finance #technology
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BRICS is reshaping global digital trade with initiatives like the BRICS Pay System and the proposed BRICS Clear financial infrastructure, moving beyond participation to leadership in the global economy.
At the 14th BRICS Trade Ministers Meeting in July 2024, the group emphasised the importance of e-commerce in global growth and committed to building a secure, integrated digital trade framework that supports both B2B and B2C transactions. The Kazan Declaration 2024 highlighted the shift towards using local currencies for trade within BRICS, furthering financial cooperation among member nations.
This new approach is especially transformative for Micro, Small, and Medium-sized Enterprises (MSMEs), empowering them to access international markets with fewer barriers. The Kazan Declaration also reinforced the group’s commitment to ensuring trust, transparency, and consumer protections in digital commerce.
A key development is the creation of BRICS Clear, an independent cross-border settlement infrastructure. This system will allow #BRICS countries to directly settle transactions, bypassing traditional financial networks and their associated fees. Supported by the New Development Bank (NDB), BRICS is building an internal financial framework to strengthen regional growth and reduce reliance on external systems.
With these initiatives, BRICS is setting a new precedent for independent, secure, and inclusive cross-border e-commerce, fostering economic resilience and empowering emerging markets globally.
#NEWS #finance #technology
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How BRICS strengthens regional digital trade | TV BRICS, 13.01.25
The BRICS nations are constructing a fresh model for cross-border e-commerce. Through initiatives like the BRICS Pay System and a proposed independent financial...
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Indonesia to leverage BRICS membership for mining exports
Deputy Minister of Energy and Mineral Resources, Yuliot Tanjung, announced that Indonesia will capitalise on its BRICS membership to boost exports of mining products, particularly to major markets like China and India.
BRICS, an influential strategic partnership, operates on three key pillars: political-security, economic-financial, and cultural-humanitarian cooperation. Its current member states include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates.
Despite this optimism, Yuliot noted that the potential domestic impact of Indonesia’s full BRICS membership on the mining sector is still under review. He emphasised that Indonesia’s decision to join the bloc had been based on comprehensive and strategic evaluations.
Indonesia officially became a #BRICS member following an announcement by Brazil, the 2025 BRICS chairship holder, on January 6, 2025.
According to the ministry, joining BRICS symbolises Indonesia’s growing active role on the global stage and provides an opportunity to strengthen multilateral cooperation for addressing critical global issues.
#NEWS #Indonesia
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Deputy Minister of Energy and Mineral Resources, Yuliot Tanjung, announced that Indonesia will capitalise on its BRICS membership to boost exports of mining products, particularly to major markets like China and India.
BRICS, an influential strategic partnership, operates on three key pillars: political-security, economic-financial, and cultural-humanitarian cooperation. Its current member states include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates.
“We can utilise BRICS members for our markets such as India and China; they have large populations with large potential,” Yuliot stated.
Despite this optimism, Yuliot noted that the potential domestic impact of Indonesia’s full BRICS membership on the mining sector is still under review. He emphasised that Indonesia’s decision to join the bloc had been based on comprehensive and strategic evaluations.
Indonesia officially became a #BRICS member following an announcement by Brazil, the 2025 BRICS chairship holder, on January 6, 2025.
According to the ministry, joining BRICS symbolises Indonesia’s growing active role on the global stage and provides an opportunity to strengthen multilateral cooperation for addressing critical global issues.
#NEWS #Indonesia
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Indonesia leverages BRICS membership to boost mining exports to China, India | Lobby - Indonesia Business Post
Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, says that Indonesia will utilize its BRICS membership to export mining products, especially to China and India, Antara reported.
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South Africa strengthens BRICS ties by simplifying travel for Chinese and Indian tourists
South Africa has taken a significant step by simplifying visa services for tourists from China and India. This initiative reflects South Africa’s efforts to attract more visitors from its #BRICS partners through the Trusted Travel Agency Programme.
Unveiled by South Africa's Department of Home Affairs, the programme aims to boost tourism, stimulate economic growth, and create employment. A total of 65 travel agencies have been accredited under this scheme, following a stringent evaluation by the Departments of Home Affairs and Tourism. These trusted agencies, recognised for their expertise and compliance with international standards, are now authorised to facilitate faster visa applications for travellers from China and India.
Set to launch in January 2025, the initiative aims to address the need for more efficient visa processes to attract tourists from two of the world’s largest outbound travel markets. By simplifying procedures, South Africa hopes to tap into these vast tourism markets. Agreements with accredited agencies are being finalised, with the first wave of tourists under this programme expected to arrive shortly.
This move reinforces South Africa’s role as an active member of BRICS, driving partnerships and promoting economic cooperation among member states.
#NEWS #SouthAfrica #China #India #tourism
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South Africa has taken a significant step by simplifying visa services for tourists from China and India. This initiative reflects South Africa’s efforts to attract more visitors from its #BRICS partners through the Trusted Travel Agency Programme.
Unveiled by South Africa's Department of Home Affairs, the programme aims to boost tourism, stimulate economic growth, and create employment. A total of 65 travel agencies have been accredited under this scheme, following a stringent evaluation by the Departments of Home Affairs and Tourism. These trusted agencies, recognised for their expertise and compliance with international standards, are now authorised to facilitate faster visa applications for travellers from China and India.
Set to launch in January 2025, the initiative aims to address the need for more efficient visa processes to attract tourists from two of the world’s largest outbound travel markets. By simplifying procedures, South Africa hopes to tap into these vast tourism markets. Agreements with accredited agencies are being finalised, with the first wave of tourists under this programme expected to arrive shortly.
This move reinforces South Africa’s role as an active member of BRICS, driving partnerships and promoting economic cooperation among member states.
#NEWS #SouthAfrica #China #India #tourism
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South Africa streamlines visa services to attract tourists from China and India | TV BRICS, 14.01.25
South Africa simplified visa services for tourists from China and India with the announcement of its first batch of 65 accredited companies under the Trusted Tr...
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Vietnam deepens ties with Russia
During an official visit to Vietnam on January 14-15, Russian Prime Minister Mikhail Mishustin conveyed greetings and best wishes from Russian President Vladimir Putin to Vietnamese Prime Minister Pham Minh Chinh.
Expressing gratitude, the Vietnamese PM highlighted Russia's historical support for Vietnam’s liberation, reunification, and reconstruction. He emphasised that their enduring friendship is built on the commitment to strengthen relations and elevate them to greater heights for future generations.
In the spirit of cooperation, the Vietnamese PM proposed outlining key areas for closer collaboration between both countries. He specifically reflected on the significance of his visit to Russia for the 2024 BRICS Summit in Kazan, where he interacted with President Putin.
The greetings reflect the shared determination of both countries to enhance cooperation and align their efforts within multilateral platforms like #BRICS. The visit further reinforces the strategic partnership between Russia and Vietnam, rooted in mutual respect and a common vision for the future.
#NEWS #Vietnam #Russia
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During an official visit to Vietnam on January 14-15, Russian Prime Minister Mikhail Mishustin conveyed greetings and best wishes from Russian President Vladimir Putin to Vietnamese Prime Minister Pham Minh Chinh.
Expressing gratitude, the Vietnamese PM highlighted Russia's historical support for Vietnam’s liberation, reunification, and reconstruction. He emphasised that their enduring friendship is built on the commitment to strengthen relations and elevate them to greater heights for future generations.
In the spirit of cooperation, the Vietnamese PM proposed outlining key areas for closer collaboration between both countries. He specifically reflected on the significance of his visit to Russia for the 2024 BRICS Summit in Kazan, where he interacted with President Putin.
"My trip to Russia for the BRICS Plus/Outreach meeting last October was a remarkable experience. I managed to witness the great changes that took place in Russia, I felt Russia's will and spirit. My talks with President [Vladimir] Putin and my discussions with the leadership of the Russian government and ministries left a lasting impression on my colleagues and me. The talks with the Russian president lasted two hours at night - from 11 p.m. to 1 a.m. in the morning," the PM said.
The greetings reflect the shared determination of both countries to enhance cooperation and align their efforts within multilateral platforms like #BRICS. The visit further reinforces the strategic partnership between Russia and Vietnam, rooted in mutual respect and a common vision for the future.
#NEWS #Vietnam #Russia
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Russian PM conveys Putin's words of greetings, best wishes to Vietnamese counterpart
The Vietnamese PM proposed outlining areas that require closer cooperation in the near future during the talks
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Russian Foreign Minister Sergey Lavrov summarises results of Russian diplomacy for 2024
Russian Foreign Minister Sergey Lavrov outlined Moscow’s priorities in international relations during his annual press conference, highlighting the strengthening of partnerships within BRICS and the Shanghai Cooperation Organisation (SCO).
Lavrov emphasised the stabilising role of the Russia-China partnership, calling it a cornerstone of modern international stability. He noted that the cooperation between Moscow and Beijing has led to the development of new-type international associations, including the #SCO and #EAEU. He also highlighted the cooperation within #BRICS, which gained momentum in recent years.
#NEWS #politics #diplomacy
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Russian Foreign Minister Sergey Lavrov outlined Moscow’s priorities in international relations during his annual press conference, highlighting the strengthening of partnerships within BRICS and the Shanghai Cooperation Organisation (SCO).
Lavrov emphasised the stabilising role of the Russia-China partnership, calling it a cornerstone of modern international stability. He noted that the cooperation between Moscow and Beijing has led to the development of new-type international associations, including the #SCO and #EAEU. He also highlighted the cooperation within #BRICS, which gained momentum in recent years.
"BRICS [...] has become even stronger after the Kazan summit. Indonesia, which we actively supported during the Russian presidency, became a full member. Eight more countries have become partner states. Close cooperation is developing between the SCO and #ASEAN, and many other associations. And all this is happening on the basis of consensus, but of course, the Russian-Chinese tandem contributes to the effective advancement of all these processes with the support of the other participants"
#NEWS #politics #diplomacy
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TV BRICS
Russian Foreign Minister Sergey Lavrov summarises results of Russian diplomacy for 2024 | TV BRICS, 14.01.25
Russia's plans on the international track in the new year, strengthening partnership with BRICS and SCO, and prospects for developing cooperation with Latin Ame...
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Forwarded from Russian MFA 🇷🇺
🇷🇺🇦🇪 On January 14, Russia's Foreign Minister Sergey Lavrov received Ambassador of the United Arab Emirates to Moscow Mohammed Al Jaber.
🤝 The Parties discussed in detail a wide range of issues related to further strengthening the traditionally friendly Russia-UAE relations in the context of the implementation of the agreements reached following the official visit of President of the UAE Mohammed bin Zayed Al Nahyan to Russia on October 20-21, 2024.
The Parties had an honest discussion on the pressing Middle East issues, as well as various aspects of cooperation between Russia and the UAE within BRICS.
#RussiaUAE
🤝 The Parties discussed in detail a wide range of issues related to further strengthening the traditionally friendly Russia-UAE relations in the context of the implementation of the agreements reached following the official visit of President of the UAE Mohammed bin Zayed Al Nahyan to Russia on October 20-21, 2024.
The Parties had an honest discussion on the pressing Middle East issues, as well as various aspects of cooperation between Russia and the UAE within BRICS.
#RussiaUAE
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Forwarded from Sputnik International
"The Russian side welcomed Vietnam's active participation in BRICS events in 2024 and expressed its readiness to facilitate its accession to this association as a partner country," stated the joint communique issued after Russian Prime Minister Mikhail Mishustin's visit to Vietnam on Wednesday.
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Lukashenko endorses Belarus' strategies for SCO and BRICS involvement
Belarusian President Aleksandr Lukashenko has sanctioned the strategies for Belarus' engagement with the Shanghai Cooperation Organisation and BRICS, as reported by the Administration of the Belarus President.
The government's draft proposals for the strategies of Belarus' participation in these international bodies were presented to the president, who has given his approval.
In the summer of 2024, Belarus joined the SCO as a full member and subsequently formalised its status as a BRICS partner state.
The strategy for Belarus' involvement in the #SCO outlines the core areas, goals, and activity plans, along with the mechanisms for their implementation in both the short and medium term. Meanwhile, the #BRICS strategy specifies the main areas of cooperation with member and partner states of the bloc.
Both strategic plans are set to be effective for five years until 2030, with provisions for extensions, updates, and revisions as needed in response to evolving global trends.
#NEWS #Belarus
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Belarusian President Aleksandr Lukashenko has sanctioned the strategies for Belarus' engagement with the Shanghai Cooperation Organisation and BRICS, as reported by the Administration of the Belarus President.
The government's draft proposals for the strategies of Belarus' participation in these international bodies were presented to the president, who has given his approval.
In the summer of 2024, Belarus joined the SCO as a full member and subsequently formalised its status as a BRICS partner state.
The strategy for Belarus' involvement in the #SCO outlines the core areas, goals, and activity plans, along with the mechanisms for their implementation in both the short and medium term. Meanwhile, the #BRICS strategy specifies the main areas of cooperation with member and partner states of the bloc.
Both strategic plans are set to be effective for five years until 2030, with provisions for extensions, updates, and revisions as needed in response to evolving global trends.
#NEWS #Belarus
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Lukashenko approves strategies of Belarus' participation in SCO, BRICS
Belarusian President Aleksandr Lukashenko has approved the strategies of Belarus' participation in the Shanghai Cooperation Organization (SCO) and BRICS
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🌍 "To function as a unified force": an expert comments on Lavrov's annual review of the global agenda
Africa is still a geopolitical battleground, with many European countries having military bases on the continent, Dr. Ntsikelelo Breakfast, professor at the Department of History and Political Studies at the Nelson Mandela University, told Sputnik Africa, commenting on Africa's role in the emerging multipolar world.
Earlier, the Russian foreign minister said that the world is now witnessing the climax of the dispute between multipolarity and those to whom "the UN Charter does not apply."
Dr. Breakfast argued that Africa, which is now being used for wealth accumulation, must amplify its voice and act as a unified force to effectively address poverty and underdevelopment.
Commenting on the possible UN reform mentioned in Lavrov's speech, the expert stated that while two Security Council seats for Africa would be a step forward, economic self-sufficiency through internal markets and Global South trade is crucial to "step up to the plate in terms of having a voice internationally."
Regarding the future policies of the next US president, Dr. Breakfast predicted that Trump's "America First" approach would result in a more inward-looking US, potentially disrupting global markets and posing "a threat to BRICS countries." However, he also acknowledged Trump's stated intention to end the Ukraine conflict as a potential avenue for cooperation with Russia as a positive factor.
Earlier, Lavrov said that if Trump "makes America even greater" upon taking office, Russia should closely follow what methods he will use to achieve this goal.
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Africa is still a geopolitical battleground, with many European countries having military bases on the continent, Dr. Ntsikelelo Breakfast, professor at the Department of History and Political Studies at the Nelson Mandela University, told Sputnik Africa, commenting on Africa's role in the emerging multipolar world.
Earlier, the Russian foreign minister said that the world is now witnessing the climax of the dispute between multipolarity and those to whom "the UN Charter does not apply."
Dr. Breakfast argued that Africa, which is now being used for wealth accumulation, must amplify its voice and act as a unified force to effectively address poverty and underdevelopment.
Commenting on the possible UN reform mentioned in Lavrov's speech, the expert stated that while two Security Council seats for Africa would be a step forward, economic self-sufficiency through internal markets and Global South trade is crucial to "step up to the plate in terms of having a voice internationally."
Regarding the future policies of the next US president, Dr. Breakfast predicted that Trump's "America First" approach would result in a more inward-looking US, potentially disrupting global markets and posing "a threat to BRICS countries." However, he also acknowledged Trump's stated intention to end the Ukraine conflict as a potential avenue for cooperation with Russia as a positive factor.
Earlier, Lavrov said that if Trump "makes America even greater" upon taking office, Russia should closely follow what methods he will use to achieve this goal.
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🔸 Sputnik Africa 🔸
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Forwarded from Xinhua News Agency Latest News
NDB issues 5-year Panda bond worth 6 bln yuan
SHANGHAI, Jan. 15 (Xinhua) -- The New Development Bank (NDB) has issued a five-year Panda bond worth 6 billion yuan (about 834.7 million U.S. dollars) in China's Interbank Bond Market, the bank announced on Wednesday.
"We are pleased to see a strong demand from investors for the bond issuance," said Monale Ratsoma, vice president and chief financial officer of NDB.
NDB works towards expanding its funding sources through local currency-denominated bond issuance, both onshore and offshore, in a cost-effective manner, he added.
Panda bonds are yuan-denominated debts sold by overseas issuers to meet financing demand. The total amount of Panda bonds issued by the NDB to date has hit 61.5 billion yuan in China.
Headquartered in Shanghai, the New Development Bank was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS member nations and in other emerging market economies and developing countries. ■
2025-01-15 23:35:31
[Source: Xinhua] [Full Text]
SHANGHAI, Jan. 15 (Xinhua) -- The New Development Bank (NDB) has issued a five-year Panda bond worth 6 billion yuan (about 834.7 million U.S. dollars) in China's Interbank Bond Market, the bank announced on Wednesday.
"We are pleased to see a strong demand from investors for the bond issuance," said Monale Ratsoma, vice president and chief financial officer of NDB.
NDB works towards expanding its funding sources through local currency-denominated bond issuance, both onshore and offshore, in a cost-effective manner, he added.
Panda bonds are yuan-denominated debts sold by overseas issuers to meet financing demand. The total amount of Panda bonds issued by the NDB to date has hit 61.5 billion yuan in China.
Headquartered in Shanghai, the New Development Bank was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS member nations and in other emerging market economies and developing countries. ■
2025-01-15 23:35:31
[Source: Xinhua] [Full Text]
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Forwarded from TASS Russian news agency
Venezuela continues developing closer relations with BRICS countries and thanks them for the support for its accession to the association, Venezuelan President Nicolas Maduro said.
“I am thankful for the BRICS countries’ support for Venezuela’s accession to this association of the future,” he stressed.
"Venezuela’s geopolitical plans include further rapprochement with BRICS countries,” he said in an annual address to the National Assembly, or parliament, which was broadcast by the Venezolana de Television TV channel.
“I am thankful for the BRICS countries’ support for Venezuela’s accession to this association of the future,” he stressed.
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Generation BRICS
We're thrilled to share our brand-new video which has been uploaded to the YouTube channel
Meet Hossam Shazly from Egypt, a robotics engineer and graduate of Bauman Moscow State Technical University, where he completed his master’s degree. Currently living in Moscow, Hossam shares his experiences attending global youth events like the BRICS Youth Summit and how the BRICS International School is helping him gain knowledge and connections to build his next project.
Passionate about robotics and AI, Hossam explains how these technologies can revolutionise business processes and solve real-world challenges. Discover how young innovators like Hossam are shaping the future of #BRICS and driving technological progress!
Watch the video
On
#BRICSExpertCouncil #BRICSExpertCouncilVIDEO #BRICSschool #InterSchool
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We strive to provide you with the most up-to-date information in the BRICS Expert Council—Russia channel.
For your convenience, we have organised all the hashtags that will allow you to find what you are searching for faster
News, announcements and events, as well as analyses and articles from experts on BRICS topics:
#NEWS #EVENTS #EXPERT #OPINION #ANALYTICS #Survey #essay #contest #announcement
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Russia's BRICS Chairship in 2024:
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Use hashtags to search by country, such as #Brazil and region #Africa and #MiddleEast
If you are interested in Russia's relationship with any other country, the hashtags would look something like this: #RussiaBrazil
By areas and sectors:
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Hashtags related to HSE University, on the basis of which the BRICS Expert Council—Russia was established following an order by the Russian Government at the initiative of the Russian Ministry of Foreign Affairs and the Ministry of Finance in order to provide information, analytical and expert support for Russia's participation in BRICS:
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And, of course, the hashtag #BRICS, which is in each of our posts.
We hope that you will use not only our stickerpack, but now also our hashtags and share the channel's posts with your colleagues and friends
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Generation BRICS pinned «🎉 Navigation for convenience and easier information retrieval We strive to provide you with the most up-to-date information in the BRICS Expert Council—Russia channel. For your convenience, we have organised all the hashtags that will allow you to find…»
Igor Makarov, Head of the Working Group "Sustainable Development, Human Wellbeing, Food and Environmental Security" of the BRICS Expert Council—Russia, Head of the HSE Laboratory for Economics of Climate Change at HSE University, participated in a discussion on climate change.
The transition to renewables brings significant shifts, especially in #BRICS countries, impacting economies, environmental policies, and energy security. Challenges and opportunities arise in climate action and economic transformation, with a need for fair support of affected communities.
In an interview the experts discussed following questions:
⚪ How can governments and industries ensure an equitable energy transition, supporting workers and communities impacted by the move away from fossil fuels?
⚪ What socio-economic challenges do countries face in transitioning to renewables, and which policies can help ensure a smooth transition?
⚪ How can international collaboration advance renewable energy technology development and accessibility worldwide?
🎞 Watch the interview
#EXPERT #climate #energysector #technology
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The transition to renewables brings significant shifts, especially in #BRICS countries, impacting economies, environmental policies, and energy security. Challenges and opportunities arise in climate action and economic transformation, with a need for fair support of affected communities.
In an interview the experts discussed following questions:
#EXPERT #climate #energysector #technology
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Nine key facts about the new strategic partnership between Russia and Iran
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian will meet today in Moscow to sign a new comprehensive strategic partnership agreement. Here’s what’s known about it:
▪️The deal will replace the 2001 agreement, which was in effect for 20 years and was repeatedly renewed automatically.
▪️Discussions on the new document began in July 2020, when Russian Foreign Minister Sergey Lavrov and then-Iranian Foreign Minister Mohammad Javad Zarif agreed on the need to reflect significant global shifts.
▪️In November 2021, then-Iranian President Ebrahim Raisi expressed Iran’s willingness to sign a comprehensive long-term cooperation agreement with Russia during a phone call with Putin.
▪️According to Iran’s ambassador to Moscow, Kassem Jalali, the agreement will consist of an introduction and 47 articles.
▪️After signing, the agreement must be ratified by Iran’s parliament and will remain in force for 20 years.
▪️Iranian Foreign Minister Abbas Araghchi highlighted the key areas of the partnership: economics, technology, and humanitarian ties.
▪️The agreement emphasizes strengthening collaboration in security and defense sectors.
▪️One of the priorities of the agreement is completing the North-South Transport Corridor.
▪️Russia and Iran, both opposing a unipolar world order, aim to deepen cooperation within frameworks like the SCO, BRICS, and the EAEU.
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Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian will meet today in Moscow to sign a new comprehensive strategic partnership agreement. Here’s what’s known about it:
▪️The deal will replace the 2001 agreement, which was in effect for 20 years and was repeatedly renewed automatically.
▪️Discussions on the new document began in July 2020, when Russian Foreign Minister Sergey Lavrov and then-Iranian Foreign Minister Mohammad Javad Zarif agreed on the need to reflect significant global shifts.
▪️In November 2021, then-Iranian President Ebrahim Raisi expressed Iran’s willingness to sign a comprehensive long-term cooperation agreement with Russia during a phone call with Putin.
▪️According to Iran’s ambassador to Moscow, Kassem Jalali, the agreement will consist of an introduction and 47 articles.
▪️After signing, the agreement must be ratified by Iran’s parliament and will remain in force for 20 years.
▪️Iranian Foreign Minister Abbas Araghchi highlighted the key areas of the partnership: economics, technology, and humanitarian ties.
▪️The agreement emphasizes strengthening collaboration in security and defense sectors.
▪️One of the priorities of the agreement is completing the North-South Transport Corridor.
▪️Russia and Iran, both opposing a unipolar world order, aim to deepen cooperation within frameworks like the SCO, BRICS, and the EAEU.
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BRICS and the dollar challenge: Trump's economic focus
According to a Bloomberg article, maintaining the US dollar as the world’s reserve currency remains a cornerstone of economic strategy for the US, particularly as BRICS mounts a challenge to the dollar-dominated global financial system. Scott Bessent, Donald Trump’s nominee for Treasury Secretary, is set to emphasise this issue during his Senate confirmation hearing.
Economic vision and tax policy
While the dollar’s entrenched dominance in global finance has been reinforced by decades of leadership, #BRICS countries have been pushing for alternatives to the dollar-centric system.
#NEWS #USA #finance
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According to a Bloomberg article, maintaining the US dollar as the world’s reserve currency remains a cornerstone of economic strategy for the US, particularly as BRICS mounts a challenge to the dollar-dominated global financial system. Scott Bessent, Donald Trump’s nominee for Treasury Secretary, is set to emphasise this issue during his Senate confirmation hearing.
"We must secure supply chains that are vulnerable to strategic competitors, and we must carefully deploy sanctions as part of a whole-of-government approach to address our national security requirements,” Bessent plans to tell senators on the Finance Committee Thursday, according to a spokesman, who shared his prepared testimony. “And critically, we must ensure that the US dollar remains the world’s reserve currency."
Economic vision and tax policy
While the dollar’s entrenched dominance in global finance has been reinforced by decades of leadership, #BRICS countries have been pushing for alternatives to the dollar-centric system.
"If Congress fails to act, Americans will face the largest tax increase in history, a crushing $4 trillion tax hike,” he plans to tell lawmakers. “We must make permanent the 2017 Tax Cuts and Jobs Act and implement new pro-growth policies to reduce the tax burden on American manufacturers service workers and seniors."
#NEWS #USA #finance
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Bloomberg.com
Bessent Will Say Dollar’s Status Is Critical to US Economy
Maintaining the dollar as the world’s reserve asset is critical to US economic health and the nation’s future, Scott Bessent, Donald Trump’s nominee for Treasury secretary, will tell a Senate committee, according to prepared remarks.
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