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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🔸 Sputnik Africa | X 🔸

'Great Networking Event': CEO of Accra Fashion Week on BRICS+ Fashion Summit

Speaking on the sidelines of the meeting, Nana Tamaklo, founder and CEO of Accra Fashion Week and FashionGhana.com, described the event as "amazing." Following last year's decision to create the BRICS International Fashion Federation, he's eager to see what happens next.

"It's a very impressive organization. They're doing very well, and I hope to be more part of the upcoming events and the activities," Tamaklo told Sputnik Africa.

⚫️Regarding the challenges facing new designers seeking to rival established global brands, Tamaklo observed that big brands are now adopting marketing strategies that were once unique to smaller, newer brands.

"So if you have a plan, you need to move on it very quickly" he warned.

He also added that the AI technology is going to give a platform to more and more people. He expressed hope that in the future, "it's going to boil down to who really has the good brand and who really has the good designs."

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"Strategic partnership" in politics, economy, culture: Putin on Russia, China

Russian President Vladimir Putin highly praised the level of Russian-Chinese relations across various spheres, from international politics to cinema and sports. In a written interview with the Xinhua news agency, the Russian leader discussed the agenda of his upcoming visit to China and shared his vision of what the two countries can offer each other and the entire world. The text of the interview was published on the Kremlin’s website.

In an interview, Putin hailed cooperation between Moscow and Beijing in multilateral formats such as the United Nations, the G20, and the Shanghai Cooperation Organization (#SCO) – and especially "within #BRICS to expand its role as a key pillar of global architecture".

"We stand united in strengthening BRICS’ ability to address pressing global challenges, share similar views on regional and international security, and take a common stand against discriminatory sanctions that hinder the socioeconomic development of BRICS members and the world at large," the Russian president said.

#NEWS #RussiaChina

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China to uphold 'BRICS spirit,' Chinese envoy says

Beijing will uphold the "BRICS spirit" by strengthening unity and joint efforts with its partners, Chinese Ambassador to Russia Zhang Hanhui declared.

"The Chinese side will implement the agreements reached by the two heads of state and, together with BRICS partners including Russia, further reinforce unity and cooperation, deepen practical collaboration in trade, the economy, and investment, enhance resilience against external risks and challenges, safeguard the multilateral trading system, defend international justice, and give strong impetus to building an equitable, orderly multipolar world and inclusive economic globalization," Zhang said.

According to the envoy, BRICS cooperation has been steadily expanding in scope and influence:

"Through the joint efforts of China, Russia, and other BRICS members, the mechanism has grown stronger, its outreach has widened, and its international standing has risen. Today, #BRICS is a reliable pillar of cooperation in the Global South and an engine of growth," he concluded.

#NEWS #RussiaChina #trade #economics

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Congratulations on Malaysia's Independence Day

The BRICS Expert Council-Russia extends heartfelt congratulations to Malaysia on its Independence Day, first celebrated on August 31, 1957. We honour the historical choice made by the Malaysian people, reflecting their aspiration for freedom, sovereignty, and national unity.
This day stands as a testament to the courage and determination of Malaysians as they uphold their values and strive to build a strong and prosperous nation.

As a valued partner of Russia and a friendly nation, Malaysia plays a crucial role in enhancing regional stability, fostering mutually beneficial economic ties, and expanding people-to-people cooperation. We deeply appreciate our good relationship with Malaysia and are optimistic about the continued development of constructive dialogue and collaborative initiatives, particularly within the framework of #BRICS.

We wish the people of #Malaysia enduring peace, well-being, and continued success on their journey toward prosperity and sustainable development!

Warm regards,
BRICS Expert Council-Russia

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📖 Word of the Week: Observer Research Foundation (ORF), India

Founded in 1990 amidst India's economic transformation, the Observer Research Foundation (ORF) emerged with a mission to unite leading economists, experts, and government officials in analysing the nation's challenges and creating recommendations for its development.

🌍 Today, ORF stands as one of India's leading think tanks and plays a vital role in global discussions on pressing issues.

⭐ The core goal of ORF is to cultivate independent and high-quality expertise that empowers India to navigate contemporary challenges while actively shaping the international agenda.

The ORF core activities include:
⚪Analysing India's domestic and foreign policies
⚪Conducting research in economics, energy, technology, and security
⚪Fostering international partnerships and promoting ideas on the global stage
⚪Preparing recommendations for government agencies, businesses, and civil society

The ORF is a national coordinator for India at the BRICS Think Tank Council.

@orftg

#wordoftheweek

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Brazil to prepare extraordinary BRICS summit amid threats from the US

The Brazilian authorities are organising an extraordinary BRICS summit. The preparations for the meeting are being led by the president's chief adviser, Celso Amorim, according to Valor Econômico. Brazil holds the BRICS Chairship in 2025.

The country's president, Luiz Inácio Lula da Silva, plans to discuss and develop a joint response by the bloc's members to threats to cooperation from the US during the event.

The summit may be held in a video conference format, according to the statement. Amorim also plans to visit China next week to participate in celebrations marking the 80th anniversary of Victory in World War II. The adviser will hold several meetings with politicians from #BRICS countries who will also be visiting Beijing.

"Coexistence between countries cannot be achieved by force. When the US rejects multilateralism and tries to negotiate individually, it deprives the island of any chance of negotiation," Lula da Silva said.

#NEWS #Brazil #summit

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Lukashenko: Minsk actively involved in shaping new world order

Belarus is actively involved in shaping the new world order, President Alexander Lukashenko said.

"Sharing the principles and views of the global majority, Belarus considers itself an integral part of the new world order and is actively participating in its formation. We joined the #SCO and became a #BRICS partner with specific proposals that are already yielding results. We came with a clear agenda and promising projects in energy, transport, logistics, finance, industrial cooperation, food security, trade, and technology," he said in an interview with the Xinhua news agency.

#NEWS #Belarus #diplomacy

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In touch with BRICS: news digest

Your quick rundown of the most important BRICS updates

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

✔Russia and Latin America hold significant potential for enhancing economic ties

✔Putin calls for fair international system in Asia-Pacific

✔Moscow welcomes Fashion Week and BRICS+ Fashion Summit

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

✔BRICS New Development Bank issues $978 million in panda bonds

✔"Strategic partnership" in politics, economy, culture: Putin on Russia, China

✔China to uphold "BRICS spirit", Chinese envoy says

✔Brazil to prepare extraordinary BRICS summit amid threats from the US

✔Lukashenko: Minsk actively involved in shaping new world order

#BRICSExpertCouncilDIGEST

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Vladimir Putin meets Modi and Erdogan on the sidelines of the SCO Tianjin Summit

Vladimir Putin met with Indian Prime Minister Narendra Modi and Turkish President Recep Tayyip Erdogan on the sidelines of the SCO Summit.

During his conversation with Modi, Putin emphasised the dynamic growth of relations between Moscow and New Delhi, grounded in a special privileged strategic partnership.

"We are closely coordinating our efforts on the international stage — in the #UN, #BRICS, the #G20, and, of course, the #SCO. Today presents an excellent opportunity to explore the key tasks for further enhancing our multifaceted bilateral cooperation across various sectors," Putin remarked.

During Russian President’s meeting with Erdogan, the Turkish leader expressed his anticipation for Putin's visit to Turkey, reaffirming that the invitation remains open:

"Our relations are evolving, successfully navigating all challenges. Technical negotiations are showing positive dynamics," Erdogan stated.

The Shanghai Cooperation Organisation Summit is taking place in Tianjin, China, from August 31 to September 1; Vladimir Putin is taking part in this event. Throughout the Summit, the Russian President has several additional meetings scheduled with leaders of other nations.

#NEWS #RussiaIndia #RussiaTurkey #summit

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Russia redirecting vast quantities of fertilisers to BRICS nations

Russia has increased its fertiliser supplies to the BRICS countries by about 20%, Head of the Russian Association of Fertiliser Producers Andrey Guryev said, adding that it is redirecting enormous volumes to them.

"Fundamentally, a huge volume of fertilisers is being redirected to #BRICS, Global South countries. This dynamic will persist, especially given the ongoing growth of fertiliser production in Russia," Guryev said. The Association projects an increase in Russian fertiliser exports to 44 million tonnes in 2025, he noted.

Supplies are being redirected due to US and European tariffs, among other things, the Association’s Head emphasised.

"Now, of course, we are making a choice in favour of developing BRICS markets. Let's say that the US introduced a compensatory duty against Russian fertilisers several years ago, and we left this market," he said, adding that the same happened as duties on Russian fertilisers that could become prohibitive by 2029, were introduced by the European Union this summer.

#NEWS #agriculture #sanctions

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Expanded BRICS: searching for common ground in growth challenges

Today, BRICS stands as a centre of gravity for rapidly developing nations of the Global Majority, now comprising ten countries with Saudi Arabia participating as an invited member. What sets this group apart is its ability to bring together nations with diverse economic structures, spread across various continents, yet united by their rising influence on global geopolitics and economy.

🕊🕊🕊🕊🕊 members exhibit varied prospects and characteristics in trade and investment and find themselves at different stages of socioeconomic development. Yet this very diversity creates fertile ground for mutual learning—each nation has forged or is forging its own development path, often diverging from mainstream theories and underscoring the importance of respecting national contexts.

Alexandra Morozkina, Deputy Dean for Research at HSE University's Faculty of World Economy and International Affairs and Expert at the BRICS Expert Council-Russia, along with Ekaterina Bakhmetyeva, Research Assistant at HSE University’s Centre for Comprehensive European and International Studies, have prepared an analysis (in Russian) examining structural transformations within the BRICS countries and highlighting key drivers of their economic growth.

#ANALYTICS #economics

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Congratulations on the Independence Day of Uzbekistan

On behalf of the BRICS Expert Council-Russia, we extend our heartfelt congratulations to the people and leadership of the Republic of Uzbekistan on this momentous occasion—Independence Day. Celebrated since 1991, this significant date marks a pivotal chapter in the history of your nation.

Please accept our genuine wishes for peace, stability, and prosperity. Over the past three decades of sovereign development, Uzbekistan has made remarkable strides in economic reforms, bolstered statehood, and enhanced the quality of life for its citizens.

We recognise Uzbekistan’s role as a BRICS partner country. Our collaborative efforts within this group alongside our expanded cooperation play a vital part in reinforcing regional security, fostering sustainable economic growth, and advancing mutually beneficial investment and infrastructure projects. We are confident that active engagement in these areas will unlock new opportunities for economic diversification, technological exchange, and enhanced well-being for all.

We wish the people of Uzbekistan peace, prosperity, and continued success on your path toward bright future and sustainable development!

Sincerely,
BRICS Expert Council-Russia

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