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๐ "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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๐ธ Sputnik Africa ๐ธ
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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. โ
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. โ
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.
โI am thankful for the BRICS countriesโ support for Venezuelaโs accession to this association of the future,โ he stressed.
"Venezuelaโs geopolitical plans include further rapprochement with BRICS countries,โ he said in an annual address to the National Assembly, or parliament, which was broadcast by the Venezolana de Television TV channel.
โI am thankful for the BRICS countriesโ support for Venezuelaโs accession to this association of the future,โ 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 masterโs 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 CouncilโRussia 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
International organisations:
#SCO #UN #APEC #G20 #G7 #BTTC #NDB #WTO #IMF
Russia's BRICS Chairship in 2024:
#Summit #KazanDeclaration
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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Columns and projects: #Spacenews #SpaceProject #wordoftheweek #BRICSTalk
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Hashtags related to HSE University, on the basis of which the BRICS Expert CouncilโRussia 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:
#HSEUniversity #HSE
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 ยซ๐ Navigation for convenience and easier information retrieval We strive to provide you with the most up-to-date information in the BRICS Expert CouncilโRussia channel. For your convenience, we have organised all the hashtags that will allow you to findโฆยป
Igor Makarov, Head of the Working Group "Sustainable Development, Human Wellbeing, Food and Environmental Security" of the BRICS Expert CouncilโRussia, 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:
โช How can governments and industries ensure an equitable energy transition, supporting workers and communities impacted by the move away from fossil fuels?
โช What socio-economic challenges do countries face in transitioning to renewables, and which policies can help ensure a smooth transition?
โช How can international collaboration advance renewable energy technology development and accessibility worldwide?
๐ Watch the interview
#EXPERT #climate #energysector #technology
๐ ๐ ๐
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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Forwarded from Sputnik International
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. Hereโs whatโs known about it:
โช๏ธThe deal will replace the 2001 agreement, which was in effect for 20 years and was repeatedly renewed automatically.
โช๏ธDiscussions 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.
โช๏ธIn November 2021, then-Iranian President Ebrahim Raisi expressed Iranโs willingness to sign a comprehensive long-term cooperation agreement with Russia during a phone call with Putin.
โช๏ธAccording to Iranโs ambassador to Moscow, Kassem Jalali, the agreement will consist of an introduction and 47 articles.
โช๏ธAfter signing, the agreement must be ratified by Iranโs parliament and will remain in force for 20 years.
โช๏ธIranian Foreign Minister Abbas Araghchi highlighted the key areas of the partnership: economics, technology, and humanitarian ties.
โช๏ธThe agreement emphasizes strengthening collaboration in security and defense sectors.
โช๏ธOne of the priorities of the agreement is completing the North-South Transport Corridor.
โช๏ธRussia and Iran, both opposing a unipolar world order, aim to deepen cooperation within frameworks like the SCO, BRICS, and the EAEU.
๐ Subscribe to @SputnikInt
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian will meet today in Moscow to sign a new comprehensive strategic partnership agreement. Hereโs whatโs known about it:
โช๏ธThe deal will replace the 2001 agreement, which was in effect for 20 years and was repeatedly renewed automatically.
โช๏ธDiscussions 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.
โช๏ธIn November 2021, then-Iranian President Ebrahim Raisi expressed Iranโs willingness to sign a comprehensive long-term cooperation agreement with Russia during a phone call with Putin.
โช๏ธAccording to Iranโs ambassador to Moscow, Kassem Jalali, the agreement will consist of an introduction and 47 articles.
โช๏ธAfter signing, the agreement must be ratified by Iranโs parliament and will remain in force for 20 years.
โช๏ธIranian Foreign Minister Abbas Araghchi highlighted the key areas of the partnership: economics, technology, and humanitarian ties.
โช๏ธThe agreement emphasizes strengthening collaboration in security and defense sectors.
โช๏ธOne of the priorities of the agreement is completing the North-South Transport Corridor.
โช๏ธRussia 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 worldโs 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 Trumpโs nominee for Treasury Secretary, is set to emphasise this issue during his Senate confirmation hearing.
Economic vision and tax policy
While the dollarโs 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
๐ ๐ ๐
According to a Bloomberg article, maintaining the US dollar as the worldโs 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 Trumpโs 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,โ Bessent plans to tell senators on the Finance Committee Thursday, according to a spokesman, who shared his prepared testimony. โAnd critically, we must ensure that the US dollar remains the worldโs reserve currency."
Economic vision and tax policy
While the dollarโs 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,โ he plans to tell lawmakers. โWe 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 Dollarโs Status Is Critical to US Economy
Maintaining the dollar as the worldโs reserve asset is critical to US economic health and the nationโs future, Scott Bessent, Donald Trumpโs nominee for Treasury secretary, will tell a Senate committee, according to prepared remarks.
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Forwarded from Sputnik Africa
๐ท๐บ๐ฎ๐ท Russia and Iran could break the record for bilateral trade this year thanks to a new partnership agreement, the ambassador says
๐ฃ "We are currently working seriously with each other in a number of areas in the economic sphere. One of them is that we are currently signing a strategic [partnership] agreement, and this agreement can facilitate and accelerate part [of the processes in] our economic relations, the second is our cooperation in BRICS, the third is our cooperation in the SCO [Shanghai Cooperation Organization], but the most important is the free trade agreement that we signed with the countries of the Eurasian [Economic] Union," Iranian Ambassador to Russia Kazem Jalali told Sputnik.
Earlier, Russia and Iran agreed a comprehensive strategic partnership agreement. According to Jalali, the deal, which also includes a clause on respect for territorial integrity, consists of 47 articles and an introduction and will be implemented to ensure balanced cooperation between the two countries. The procedure for Iran's ratification of the document envisions the government submitting it to parliament for approval.
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๐ฃ "We are currently working seriously with each other in a number of areas in the economic sphere. One of them is that we are currently signing a strategic [partnership] agreement, and this agreement can facilitate and accelerate part [of the processes in] our economic relations, the second is our cooperation in BRICS, the third is our cooperation in the SCO [Shanghai Cooperation Organization], but the most important is the free trade agreement that we signed with the countries of the Eurasian [Economic] Union," Iranian Ambassador to Russia Kazem Jalali told Sputnik.
Earlier, Russia and Iran agreed a comprehensive strategic partnership agreement. According to Jalali, the deal, which also includes a clause on respect for territorial integrity, consists of 47 articles and an introduction and will be implemented to ensure balanced cooperation between the two countries. The procedure for Iran's ratification of the document envisions the government submitting it to parliament for approval.
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๐ธ Sputnik Africa ๐ธ
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Russia and Iran forge a strategic alliance in the face of Western sanctions
Russian President Vladimir Putin and his Iranian counterpart, Masoud Pezeshkian, signed a comprehensive cooperation pact on Friday, strengthening their partnership to counter the impact of Western sanctions.
The "comprehensive strategic partnership treaty," as described by Russian and Iranian officials, spans various sectors, including trade, military collaboration, science, education, and culture.
Putin hailed the agreement as a "real breakthrough," emphasising that it creates conditions for the stable and sustainable development of both nations and the broader region. While acknowledging the current levels of trade and economic cooperation as insufficient, he expressed hope that the treaty would cut through bureaucratic barriers and expand bilateral ties. He further noted progress in resolving technical issues for joint projects, such as shipping Russian natural gas to Iran and building transport corridors to Iranian ports in the Gulf.
Iranian President Pezeshkian remained optimistic about the feasibility of these initiatives, stating that experts were actively working to overcome the remaining challenges.
Iran became a #BRICS member last year, with Pezeshkian attending the blocโs summit in Kazan, hosted by Russia.
#NEWS #Russia #Iran #RussiaIran
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Russian President Vladimir Putin and his Iranian counterpart, Masoud Pezeshkian, signed a comprehensive cooperation pact on Friday, strengthening their partnership to counter the impact of Western sanctions.
The "comprehensive strategic partnership treaty," as described by Russian and Iranian officials, spans various sectors, including trade, military collaboration, science, education, and culture.
Putin hailed the agreement as a "real breakthrough," emphasising that it creates conditions for the stable and sustainable development of both nations and the broader region. While acknowledging the current levels of trade and economic cooperation as insufficient, he expressed hope that the treaty would cut through bureaucratic barriers and expand bilateral ties. He further noted progress in resolving technical issues for joint projects, such as shipping Russian natural gas to Iran and building transport corridors to Iranian ports in the Gulf.
Iranian President Pezeshkian remained optimistic about the feasibility of these initiatives, stating that experts were actively working to overcome the remaining challenges.
"We witness a new chapter of strategic relations," Pezeshkian said, highlighting plans to enhance trade and deepen security cooperation.
Iran became a #BRICS member last year, with Pezeshkian attending the blocโs summit in Kazan, hosted by Russia.
#NEWS #Russia #Iran #RussiaIran
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AP News
Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
The presidents of Russia and Iran have signed a broad cooperation pact to deepen their partnership amid stinging Western sanctions.
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Nigeria becomes a partner state
Brazil, which currently holds the rotating Chairship of BRICS, has announced that Nigeria has acquired the status of a partner country.
According to Brazil, #BRICS and Nigeria share common interests. The African nation aligns with the group in actively working to strengthen cooperation among countries of the Global Majority and advocating for the reform of international organisations.
Brazil took over the BRICS Chairship from Russia on January 1. During the BRICS Summit held in Kazan, Russia, in October 2024, the group decided to create the category of BRICS partner countries. The initial partners included Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan. Although Indonesia was initially named a BRICS partner, Brazil announced on January 6 that the country had been granted the status of a full member.
#NEWS #Nigeria
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Brazil, which currently holds the rotating Chairship of BRICS, has announced that Nigeria has acquired the status of a partner country.
"The Brazilian government announces today, January 17, 2025, the official accession of Nigeria as a partner country of the group," the Brazilian Foreign Ministry said in a statement.
According to Brazil, #BRICS and Nigeria share common interests. The African nation aligns with the group in actively working to strengthen cooperation among countries of the Global Majority and advocating for the reform of international organisations.
Brazil took over the BRICS Chairship from Russia on January 1. During the BRICS Summit held in Kazan, Russia, in October 2024, the group decided to create the category of BRICS partner countries. The initial partners included Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan. Although Indonesia was initially named a BRICS partner, Brazil announced on January 6 that the country had been granted the status of a full member.
#NEWS #Nigeria
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TASS
Nigeria becomes BRICS partner country
Brazil took over BRICS presidency from Russia on January 1
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Kazan ready to host BRICS Winter Games
Kazan, the capital of Tatarstan, Russia, is fully prepared to host the BRICS Winter Games, should the opportunity arise, announced Mayor Ilsur Metshin. The city, known for its modern sports infrastructure, is confident it can meet the international standards required for such a prestigious event.
Earlier, Tatarstan's Minister of Sports, Vladimir Leonov, revealed that the republic is considering submitting a bid to host the #BRICS Winter Games in Kazan. The ministry is expected to discuss the proposal with federal authorities later this year.
The mayor emphasised that Kazan's extensive experience in hosting international events, such as the 2024 BRICS Summit, shows the city's capability to welcome participants from around the globe.
Last summer, Kazan successfully hosted the 2024 BRICS Games, a multi-sport event featuring 27 sports, held from June 12 to 23. The BRICS Games are an annual competition organised by the country holding the BRICS rotating chair.
#NEWS #sport
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Kazan, the capital of Tatarstan, Russia, is fully prepared to host the BRICS Winter Games, should the opportunity arise, announced Mayor Ilsur Metshin. The city, known for its modern sports infrastructure, is confident it can meet the international standards required for such a prestigious event.
Earlier, Tatarstan's Minister of Sports, Vladimir Leonov, revealed that the republic is considering submitting a bid to host the #BRICS Winter Games in Kazan. The ministry is expected to discuss the proposal with federal authorities later this year.
"We are ready [to host the BRICS Winter Games] and will be very happy to do it," Metshin stated. "Our sports infrastructure facilities fully comply with international standards."
The mayor emphasised that Kazan's extensive experience in hosting international events, such as the 2024 BRICS Summit, shows the city's capability to welcome participants from around the globe.
Last summer, Kazan successfully hosted the 2024 BRICS Games, a multi-sport event featuring 27 sports, held from June 12 to 23. The BRICS Games are an annual competition organised by the country holding the BRICS rotating chair.
#NEWS #sport
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TASS
Kazan boasts necessary sports facilities to host BRICS Winter Games โ mayor
Ilsur Metshin also noted that additional facilities would be prepared depending on the number and variety of athletic events
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ASEAN countries establish strong ties within BRICS
As CGTN reported, earlier this month, Brazil, which holds the BRICS chairship, announced Indonesia's entry as a full member, making it the first Southeast Asian country in the bloc. Other ASEAN members like Malaysia and Thailand also hold partner status. Vietnam remains undecided on its BRICS partner invitation.
As the largest #ASEAN economy and a critical global trade hub with strategic maritime routes, Indonesiaโs role in #BRICS emphasises the bloc's expanding impact in the Global South. Known for its historic leadership in initiatives like the Bandung Conference and Non-Aligned Movement, Indonesia's rising global importance is bolstered by its BRICS membership and its ambitious "Golden Indonesia 2045" economic vision.
Membership provides new trade and finance opportunities, including through institutions like the New Development Bank. Energy Minister Bahlil Lahadalia noted Indonesia's openness to importing Russian oil despite Western sanctions, stating BRICS membership has created new avenues for economic cooperation.
#Indonesia, #Malaysia, and #Thailand have maintained longstanding relations with BRICS nations. Notably, they have closely collaborated with China on various Belt and Road Initiative projects. With ASEAN's youthful and burgeoning population and its economic ascendance, combined with BRICS' efforts to strengthen ties within the Global South, increased Southeast Asian representation in BRICS is poised to enhance the significance of both frameworks in this era of growing multilateralism.
This is CGTN opinion piece, and these are the personal opinions of the writer. They do not reflect the views of the BRICS Expert CouncilโRussia
#OPINION #economics #sanctions
๐ ๐ ๐
As CGTN reported, earlier this month, Brazil, which holds the BRICS chairship, announced Indonesia's entry as a full member, making it the first Southeast Asian country in the bloc. Other ASEAN members like Malaysia and Thailand also hold partner status. Vietnam remains undecided on its BRICS partner invitation.
As the largest #ASEAN economy and a critical global trade hub with strategic maritime routes, Indonesiaโs role in #BRICS emphasises the bloc's expanding impact in the Global South. Known for its historic leadership in initiatives like the Bandung Conference and Non-Aligned Movement, Indonesia's rising global importance is bolstered by its BRICS membership and its ambitious "Golden Indonesia 2045" economic vision.
Membership provides new trade and finance opportunities, including through institutions like the New Development Bank. Energy Minister Bahlil Lahadalia noted Indonesia's openness to importing Russian oil despite Western sanctions, stating BRICS membership has created new avenues for economic cooperation.
#Indonesia, #Malaysia, and #Thailand have maintained longstanding relations with BRICS nations. Notably, they have closely collaborated with China on various Belt and Road Initiative projects. With ASEAN's youthful and burgeoning population and its economic ascendance, combined with BRICS' efforts to strengthen ties within the Global South, increased Southeast Asian representation in BRICS is poised to enhance the significance of both frameworks in this era of growing multilateralism.
This is CGTN opinion piece, and these are the personal opinions of the writer. They do not reflect the views of the BRICS Expert CouncilโRussia
#OPINION #economics #sanctions
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CGTN
Why BRICS affiliation is an attractive proposition for ASEAN countries
Earlier this month, Brazil, which holds the rotating presidency of BRICS, announced Indonesia's entry as a full member into the grouping. It made Indonesia the first Southeast Asian country to become a full member of BRICS. In a press release issued
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BRICS strengthens with strategic partnership between Russia and Iran
Russia and Iran, two key members of the BRICS+ initiative, have elevated their cooperation to a strategic partnership level with a 20-year comprehensive pact. On Friday, Russian President Vladimir Putin and Iranian counterpart Masoud Pezeshkian signed the Treaty on Comprehensive Strategic Partnership in Moscow, marking a significant shift in the geopolitical landscape.
The agreement, described as "truly epochal" by Farhad Ibrahimov, a Middle East expert from the Valdai Discussion Club, underscores increased collaboration between the two nations in security, naval, economic, and humanitarian spheres.
As members of #BRICS, both countries see their partnership as integral to shaping a new multipolar world order. Iran, in particular, views Russia as a key ally capable of challenging U.S. dominance, which Tehran considers "the greatest threat to global and Middle Eastern security."
Economic cooperation holds a vital place in the agreement, especially for Iran, heavily sanctioned by Western nations. Despite this, the treatyโs security provisions are not targeted at any specific state, according to the agreement text published by the Kremlin. The document also clarifies that neither country will offer military or other forms of support to an aggressor.
The deepening ties between Russia and Iran reinforce BRICS as a growing geopolitical platform, with shared goals of fostering sovereignty and reshaping global power structures.
This is RT opinion piece, and these are the personal opinions of the writer. They do not reflect the views of the BRICS Expert CouncilโRussia
#OPINION #Russia #Iran #RussiaIran #politics #security
๐ ๐ ๐
Russia and Iran, two key members of the BRICS+ initiative, have elevated their cooperation to a strategic partnership level with a 20-year comprehensive pact. On Friday, Russian President Vladimir Putin and Iranian counterpart Masoud Pezeshkian signed the Treaty on Comprehensive Strategic Partnership in Moscow, marking a significant shift in the geopolitical landscape.
The agreement, described as "truly epochal" by Farhad Ibrahimov, a Middle East expert from the Valdai Discussion Club, underscores increased collaboration between the two nations in security, naval, economic, and humanitarian spheres.
"Russia and Iran have reached a new level of cooperation," Ibrahimov stated, emphasising their shared global vision and alignment in international affairs.
As members of #BRICS, both countries see their partnership as integral to shaping a new multipolar world order. Iran, in particular, views Russia as a key ally capable of challenging U.S. dominance, which Tehran considers "the greatest threat to global and Middle Eastern security."
Economic cooperation holds a vital place in the agreement, especially for Iran, heavily sanctioned by Western nations. Despite this, the treatyโs security provisions are not targeted at any specific state, according to the agreement text published by the Kremlin. The document also clarifies that neither country will offer military or other forms of support to an aggressor.
The deepening ties between Russia and Iran reinforce BRICS as a growing geopolitical platform, with shared goals of fostering sovereignty and reshaping global power structures.
This is RT opinion piece, and these are the personal opinions of the writer. They do not reflect the views of the BRICS Expert CouncilโRussia
#OPINION #Russia #Iran #RussiaIran #politics #security
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RT
Russia-Iran security pact โepochalโ โ Middle East expert
Russia and Iran have become strategic partners after signing a major agreement, Middle East expert Farhad Ibragimov has told RT
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Forwarded from Xinhua News Agency Latest News
Nigeria to use BRICS platform to advance economic development
ABUJA, Jan. 18 (Xinhua) -- Nigeria will leverage the opportunity of being a partner country of the BRICS bloc to advance strategic partnerships that align with its development objectives, the Ministry of Foreign Affairs said Saturday.
"Nigeria is poised to leverage this platform to advance shared goals in trade and investment, energy security, infrastructure development, technology, and climate change," the ministry said in a statement, while formally accepting the invitation to join BRICS as a partner country.
The formal acceptance to participate as a partner country "underscores Nigeria's commitment to fostering international collaboration, leveraging economic opportunities," the ministry said.
BRICS, as a bloc of major developing economies, presents "a unique platform for Nigeria to enhance trade, investment, and socio-economic cooperation with member countries," it said.
The partnership also aligns with Nigeria's national aspirations for inclusive growth, regional integration and active participation in shaping a fair and equitable economic order in line with the ethos of strategic autonomy, it said.
"Nigeria looks forward to engaging constructively with BRICS members to drive innovation, and foster people-to-people exchanges in line with our national interests and strategic priorities," it added. โ
2025-01-19 12:09:45
[Source: Xinhua] [Full Text]
ABUJA, Jan. 18 (Xinhua) -- Nigeria will leverage the opportunity of being a partner country of the BRICS bloc to advance strategic partnerships that align with its development objectives, the Ministry of Foreign Affairs said Saturday.
"Nigeria is poised to leverage this platform to advance shared goals in trade and investment, energy security, infrastructure development, technology, and climate change," the ministry said in a statement, while formally accepting the invitation to join BRICS as a partner country.
The formal acceptance to participate as a partner country "underscores Nigeria's commitment to fostering international collaboration, leveraging economic opportunities," the ministry said.
BRICS, as a bloc of major developing economies, presents "a unique platform for Nigeria to enhance trade, investment, and socio-economic cooperation with member countries," it said.
The partnership also aligns with Nigeria's national aspirations for inclusive growth, regional integration and active participation in shaping a fair and equitable economic order in line with the ethos of strategic autonomy, it said.
"Nigeria looks forward to engaging constructively with BRICS members to drive innovation, and foster people-to-people exchanges in line with our national interests and strategic priorities," it added. โ
2025-01-19 12:09:45
[Source: Xinhua] [Full Text]
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New Development Bank issues five-year bonds in China
The New Development Bank (NDB), established by BRICS member states, has announced the issuance of five-year bonds worth RMB 6 billion (approximately $845 million) on the Chinese interbank bond market, according to a statement released by the bankโs press service.
The bond issuance attracted interest from over 20 investors, including central banks, official institutions, bank treasuries, and insurance companies, with a diverse geographic distribution.
With the successful issuance of the RMB 6 bln five-year Panda bond, the total amount of Panda bonds issued by NDB has reached RMB 61.5 bln ($8.6 bln).
The New Development Bank was established by #BRICS nations based on the intergovernmental agreement signed at the sixth BRICS Summit in Fortaleza in July 2014. The bank aims to finance infrastructure and sustainable development projects within BRICS member states and developing countries.
#NEWS #NDB #finance #China
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The New Development Bank (NDB), established by BRICS member states, has announced the issuance of five-year bonds worth RMB 6 billion (approximately $845 million) on the Chinese interbank bond market, according to a statement released by the bankโs press service.
"This transaction, the first NDB issuance in 2025, reinforces NDBโs commitment to the Panda Bond market and maintains the bankโs position as the largest issuer in this market," the press service said.
The bond issuance attracted interest from over 20 investors, including central banks, official institutions, bank treasuries, and insurance companies, with a diverse geographic distribution.
"The net proceeds from the bond sale will be used as general corporate resources of the New Development Bank and will finance infrastructure and sustainable development projects that benefit its member countries and contribute to achieving the Sustainable Development Goals," the statement reads.
With the successful issuance of the RMB 6 bln five-year Panda bond, the total amount of Panda bonds issued by NDB has reached RMB 61.5 bln ($8.6 bln).
"This milestone reaffirms NDBโs commitment to mobilising resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries," Vice-President, Chief Financial Officer of the NDB Monale Ratsoma was quoted as saying.
The New Development Bank was established by #BRICS nations based on the intergovernmental agreement signed at the sixth BRICS Summit in Fortaleza in July 2014. The bank aims to finance infrastructure and sustainable development projects within BRICS member states and developing countries.
#NEWS #NDB #finance #China
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BRICS New Development Bank issues $845 mln Panda bond on interbank bond market
The New Development Bank was set up by BRICS nations on the basis of the intergovernmental agreement signed at the sixth BRICS summit in Fortaleza in July 2014
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Generation BRICS
The world's attention is once again focused on BRICS this week, especially after Nigeria officially became a partner country on Friday, 17 January.
One of the important outcomes of the 16th summit in Kazan 2024 was the establishment of the BRICS partner country category and the agreement of a list of 13 states to which invitations were extended. At the moment the partner countries include #Belarus, #Bolivia, #Kazakhstan, #Cuba, #Malaysia, #Thailand, #Uganda and #Uzbekistan. Now #Nigeria has joined the list.
A #BRICS Partner Country is a status that provides nations with access to shared economic opportunities and a platform to engage with the world's largest emerging markets. This cooperation allows partner countries to strengthen economic ties, receive investment and develop strategic projects, including trade projects.
Interest in the bloc is explained by its economic potential: BRICS accounts for more than 30% of the total land area, more than 40% of the world's population, more than 30% of the world's GDP, and 17% of the world's gold reserves.
BRICS is emerging as a significant alternative to Western economic-political alliances as a result of the growth of its core members and the participation of new partner nations. This is a shift from the unipolar world dominated by the West. BRICS is based on common interests, including one of the main ones: national development of each member state.
Partner country status, such as in the case of Nigeria, opens up new horizons for states: an opportunity to diversify trade, increase exports and strengthen national economies. The bloc continues to grow strongly and attract the attention of those seeking a path to multilateral cooperation in the face of global challenges.
#BRICSExpertCouncil #BRICSExpertCouncilRussia #wordoftheweek
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Generation BRICS
Nigeria becomes a partner state
Brazil, which currently holds the rotating Chairship of BRICS, has announced that Nigeria has acquired the status of a partner country.
"The Brazilian government announces today, January 17, 2025, the official accession ofโฆ
Brazil, which currently holds the rotating Chairship of BRICS, has announced that Nigeria has acquired the status of a partner country.
"The Brazilian government announces today, January 17, 2025, the official accession ofโฆ
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