🎞 Victoria Panova: Russia and BRICS

Victoria Panova, Head of the BRICS Expert Council-Russia and Vice Rector at HSE University, joined The Trialogue Podcast for an in-depth discussion on BRICS' origins, Russia’s perspective on the group, and how #BRICS differs from other international formats like the G7 and G20.

The expert highlighted the following topics: origins of BRICS, Primakov and the idea of RIC, first meetings of BRIC in Russia, South Africa joining the group, BRICS evolution over the last 15 years, relations between BRICS and the West, the recent BRICS expansion, and many others.

📎 Listen to the podcast

#EXPERT #BRICSExpertCouncil #BRICSExpertCouncilRussia

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Congratulations on the 75th birthday of Professor Anatoly Torkunov, Member of the Russian Academy of Sciences, Rector of MGIMO University, and Ambassador Extraordinary and Plenipotentiary 🎉

Dear Professor Torkunov,

On behalf of the BRICS Expert Council-Russia, we extend our heartfelt congratulations and sincere wishes for your well-being, good health, and continued success in your remarkable professional journey.

Your enduring contributions to the evolution of international relations, higher education, and diplomatic science command profound respect and admiration. Under your leadership and relentless dedication, MGIMO University continues to flourish as a beacon for young talent, a vital platform for dialogue among nations, and an independent expert hub that fosters mutual understanding within the BRICS community and beyond.

We wish you boundless energy, new professional milestones, and fruitful collaborations with partners across the globe. May your work continue to strengthen international cooperation, education, and humanitarian ties.

With deep respect,
BRICS Expert Council-Russia

@mgimo_university

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Global Food Security or a Race Against Obstacles

There is enough food produced on our planet to meet the needs of the entire population of all countries. Only man-made obstacles must be eliminated and a reliable infrastructure built for calculations and delivery to those in need. 🕊🕊🕊🕊🕊 – a market, space and platform for effectively implementing such initiatives in the equal interests of all members of the association, believes Eduard Zernin, Chairman of the Board of BIO-TON Agri Corp, Member of the board of Rusgrain Union, the Russian Union of Grain Exporters and Producers.

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🪙 Prospects for a Single Framework of CBDC-Based Cross-Border Payments in the BRICS Countries. Part 1

Since the dawn of the 21st century, the #BRICS nations—🇷🇺 Russia, 🇧🇷 Brazil, 🇮🇳 India, 🇨🇳 China, and 🇿🇦 South Africa—have emerged as key players among developing economies, collectively accounting for 35% of the global gross product.

The profound transformational shifts driven by the current geopolitical landscape have prompted a re-evaluation of existing international trade models, igniting a surge in innovative solutions for the technological advancement of the global financial system.

One of the key focus areas for the BRICS central banks is the digitalisation of monetary transactions and pilot exploration of Central Bank Digital Currencies (CBDCs).

📎 Read more in our new article by Victor Dostov, Chairman of the Board of the Russian Electronic Money and Remittance Association, expert of the BRICS Expert Council-Russia.

More #BRICS analytics is available on the official website of the BRICS Expert Council-Russia.

#ANALYTICS #BRICSExpertCouncilRussia #BRICSExpertCouncil

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Iran sees EAEU, SCO, BRICS as platforms for boosting ties with Russia

Tehran plans to increase cooperation with Russia and China within the Eurasian Economic Union (EAEU), the Shanghai Cooperation Organization (SCO) and BRICS, Iranian President Masoud Pezeshkian said in a phone call with Russian leader Vladimir Putin.

"Apart from bilateral interaction with Russia, Iran also sees regional and international organizations such as the #EAEU, the #SCO and #BRICS as constructive platforms for cooperation with their member states, especially Russia and China, in order to effectively resist attempts to build a unipolar world," Pezheshkian’s press service quoted him as saying.

#NEWS #RussiaIran #China

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Plus One

In January, the biggest Southeast Asian nation in population and GDP terms became a fully-fledged member of BRICS. What opportunities will this partnership unlock?

With Indonesia’s inclusion, BRICS now represents half the world’s population. According to Intereconomics data for 2024, the bloc accounted for about 46% of the global population but, with the addition of Indonesia’s 280 million, this figure rises to 49.5%. The combined GDP of BRICS members at purchasing power parity (PPP) is expected, according to IMF forecasts, to reach nearly 40% in 2025 (in comparison, G7 economies are projected to account for only approximately 29% based on the same metric).

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Russia and Latin America hold significant potential for enhancing economic ties

Amid constant sanctions and an increasingly unstable international landscape, Russia is compelled to forge a brand new strategy for engaging with nations around the globe. With its membership expanding, BRICS is gaining prominence on the world stage, unveiling new trade and economic pathways as older ones begin to fade.

"In Latin America, interest in BRICS cooperation is on the rise. Countries in the region are particularly interested in the New Development Bank (NDB), which can finance infrastructure projects and stimulate economic growth. The transition to national currencies in international settlements will reduce dependence on the US dollar and facilitate trade between Latin America and the BRICS nations. Regional states also see strong potential in #BRICS initiatives addressing food security and agriculture. They are keen to exchange expertise and technologies, and participate in creating a grain exchange. Cooperation in information technology, data sharing, and cybersecurity also generates considerable interest."

Learn more about the history, current state, and future prospects for interaction with Latin American nations in an interview Nikolay Shkolyar, Lead Researcher and Member of the Academic Council at the Institute of Latin America, Russian Academy of Sciences.

#OPINION #politics

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🗣️ Vandana Saxena, Director of the Pinsky Centre for General and Extracurricular Education at HSE Institute of Education, shares his insights on the report "Transformation of General Education in BRICS Countries," which was collaboratively prepared by the BRICS Expert Council-Russia and the HSE Institute of Education.

"Diversity across contexts runs as a common thread across BRICS countries. The educational policies and provisions in every #BRICS country acknowledge this leading to development of affirmative responses, as a systemic approach, to empower every citizen of the country. However, in every BRICS country, factors like disproportionate spread of huge population across uneven landscapes pose significant challenge for a congruent implementation of the same. Further, the social inequalities are a reality and education is a tacit game changer for every country of this forum. The rural and urban population demography is suitably represented in student population, although the quality of learning experiences and resources in both the contexts, continues to be a point of discussion. The enrolment of girls in the schools on the scale of 49.4%-47.1% indicates that the gender gap is narrowing. The countries in this forum have a wide disparity in resources with GDP per capita varying from 47.30-11.11. Despite that the educational planners and practitioners in each of these countries, unequivocally, acknowledge the role of education in transforming the life of their citizens and is continuously striving for enhancing the quality of education while critically examining the significance of locating and nurturing linguistic, ethnic, religious diversities and their intersectionality with gender, class and disability," the expert noted.

📎 Read full-text report

@inobrhse

#ANALYTICS #report #education

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🎞 Watch the 10th edition of Coffee with BRICS themed “The Main Results of the XVII BRICS Summit,” organized by the BRICS Policy Center in Brazil with the participation of Alexandra Morozkina, Deputy Director for Research at HSE University (Russia), Head of the Structural Reforms Division of the Economic Expert Group, Chair of the Expert Commission of the Russian Agency for International Humanitarian Cooperation and BRICS Expert Council-Russia Expert.

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Putin calls for fair international system in Asia-Pacific

Russian President Vladimir Putin, in his address to the 10th Eastern Economic Forum, emphasised Russia's commitment to actively contribute to building a fair system of international relations across the Asia-Pacific Region (APR).

According to the Russian leader, as the global economic centre of gravity continues to shift toward the Asia-Pacific, new opportunities emerge for local nations to forge mutually beneficial ties—not only bilaterally, but also through multilateral frameworks like the #SCO and #BRICS.

"Russia remains open to constructive dialogue with all interested partners and is committed to playing an active role in joint efforts to build a fair system of international relations in the Asia-Pacific—one based on genuine equality and mutual respect for each other’s legitimate interests," the message reads.

#NEWS #diplomacy

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Moscow welcomes Fashion Week and BRICS+ Fashion Summit

The international BRICS+ Fashion Summit has officially opened in Moscow, running through August 30 at the Zaryadye Concert Hall. This year’s event showcases collections from designers across Armenia, Brazil, India, China, Turkey, South Africa, and beyond. Designers from Guatemala and Nicaragua will be making their debut on this stage. A record-breaking 1,200+ applications were submitted by Russian brands, with strong representation from Moscow, St. Petersburg, Yekaterinburg, Krasnodar, and Novosibirsk.

“This is the third edition of the #BRICS Fashion Forum in Moscow. Experts from around the globe are gathering to explore joint projects, investment opportunities, cutting-edge technologies, and key directions for the industry’s future,” shared Natalia Sergunina, Deputy Mayor of Moscow.

The BRICS+ Fashion Summit is a highlight of Moscow Fashion Week. Full schedules and registration are available on the official website.

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IV Territory of Energy Dialogue (TED) Conference

This autumn, Moscow will host the IV Annual Territory of Energy Dialogue (TED) Conference. The full business programme is now available on the official website (in Russian).

Organised by the Roscongress Foundation and the Russian Energy Agency, with support from the Ministry of Energy of the Russian Federation, the conference will feature the annual meeting of the BRICS Energy Research Platform—an initiative dedicated to advancing international energy dialogue.

The Platform’s core mission is to promote sustainable energy development through multilateral cooperation in energy research, technology, policy, and innovation. It facilitates broad dialogue aimed at ensuring universal access to affordable, reliable, sustainable, and modern energy sources, while strengthening both energy security within BRICS and the group’s influence on the global energy agenda.

⏰ October 15–16
📍 Gostiny Dvor, Moscow

#EVENT #energy

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China ready to enhance strategic mutual trust, deepen practical cooperation with Brazil

Chinese Foreign Minister Wang Yi said on Thursday that China stands ready to enhance strategic mutual trust with Brazil, firmly support each other and deepen practical cooperation in various fields between the two countries.

Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva have forged solid mutual trust and friendship, and jointly provided important strategic guidance for the building of a China-Brazil community with a shared future, Wang said.

At present, international trade is facing great uncertainties and multilateralism is encountering serious challenges, he said, noting that it is of great significance for BRICS countries to carry out close coordination.

"Wang said that Brazil has fully fulfilled its duties as the rotating chair of BRICS and made the Rio de Janeiro Summit a success, which promoted the solidarity and cooperation among the Global South countries. China highly appreciates Brazil's efforts," he added.

Noting that the current international situation is undergoing complex changes, Wang said that China is willing to strengthen coordination with Brazil, join hands with BRICS countries to resist unilateralism and bullying acts, safeguard the legitimate rights and interests of developing countries, and promote the reform and improvement of the global governance system.

#NEWS #China #Brazil

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BRICS New Development Bank issues $978 million in panda bonds

The New Development Bank (NDB) has successfully issued a three-year panda bond valued at 7 billion yuan ($978 million) on the Chinese interbank bond market, as reported by the Bank's Press Service.

"The Bank targets to provide 30% of its total financing commitments in national currencies of member countries," stated NDB Chief Financial Officer Monale Ratsoma.

This issuance marks the first step under the NDB's newly launched programme to release yuan bonds totalling 50 billion yuan ($7 billion).

"The transaction garnered strong interest from investors, with the order book being oversubscribed by 1.28 times," the bank noted.

#NEWS #NDB #finance

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Collaboration is Currency: BRICS+ Fashion Elevates Emerging Designers

Beyond the United States, there is a world that not only embraces but also celebrates Black and Brown creatives, said Nichole M. Bess, CEO & Founder of Noir Fashion Week, on the sidelines of the BRICS+ Fashion Summit in Moscow.

🧵🌟She explained that Noir Fashion Week was founded to support BIPOC designers who had often been excluded from major industry platforms and lacked the right business infrastructure. Now in its eighth season, Noir continues to advance their presence on the world stage.

🗣Speaking to Sputnik Africa, Bess noted she had never felt so “respected, loved, and seen” as she did at the summit, underscoring her belief that “collaboration is currency.” She praised the summit’s hospitality, organization, and commitment to creating opportunities for emerging designers.

🇷🇺 Her message to skeptics back home: don’t underestimate Moscow. The city, she said, is not only beautiful, but filled with warmth and people who make you feel truly welcome.

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