Tag: BRICS

Revolution or Regression? Assessing Javier Milei’s Presidency in Argentina
Featured, South America, World

Revolution or Regression? Assessing Javier Milei’s Presidency in Argentina

President Javier Milei's apparent bias towards the United States and Israel, coupled with a disregard for important regional partnerships and economic realities, may hinder Argentina's progress.Milei's decision not to join BRICS despite its potential benefits for Argentina suggests a narrow-minded approach to foreign policy. President Milei must prioritize the interests of the Argentine people and adopt a more pragmatic and inclusive approach to governance and foreign relations. President Javier Milei was elected as the Argentinean president in the second half of 2023. He took over the country from the former president, Mr. Fernandes, who was a socialist leader, during whose presidency the country witnessed significant economic and political turmoil. When President Javier Mile...
Transformative Shift in Geopolitical Alignments: Understanding BRICS+ Membership
Featured, Middle East, World

Transformative Shift in Geopolitical Alignments: Understanding BRICS+ Membership

The further expansion of the BRICS+ to include additional energy giants will solidify the group’s influence over the global energy market.Such expansion marks a profound turning point, propelling BRICS+ to collectively represent 45% of the world's population, around 3.5 billion people.The ripple effect of this expansion has stirred discomfort in Western corridors, particularly the United States, reflecting apprehensions about the potential reconfiguration of global leadership. At the dawn of 2024, the geopolitical landscape underwent a remarkable transformation as BRICS, a powerful alliance uniting Brazil, Russia, India, China, and South Africa, expanded its horizons, giving rise to the new era of BRICS+. This expanded alliance now includes Egypt, Ethiopia, Iran, Saudi Arabia, and ...
BRICS+ | Understanding the Johannesburg II Declaration
Analysis, Asia, Featured, Middle East, South America, World

BRICS+ | Understanding the Johannesburg II Declaration

BRICS+ can play an effective role in facilitating diverse engagement and work for the common interests of all members provided the ambition of one nation is not allowed to jeopardise the growth agenda of other nations. President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia's Foreign Minister Sergei Lavrov pose for a BRICS family photo during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa, on August 23, 2023. GIANLUIGI GUERCIA/Pool via REUTERS BRICS formally declared that Iran, Egypt, Saudi Arabia, Argentina, UAE and Ethiopia will become full members as the group changed its name from 'BRICS' to 'BRICS+'. For Russia, it is an impor...
BRICS Plus – A Golden opportunity to establish a Multipolar world
Featured, World

BRICS Plus – A Golden opportunity to establish a Multipolar world

Amid a surge in nominations to join BRICS from Iran, Argentina, Algeria and others belonging to different geographies, we try to find out what is fuelling this surge with an analysis of the countries that want to join, the reason for their move, their aspirations and expectation from the BRICS.  BRICS an association of 5 countries, including India, Brazil, China, Russia and South Africa is a non-bloc association of emerging economies with collaboration in diverse fields including energy, finance, agriculture, and culture with a goal of sustained, free, fair, transparent, inclusive, supportive economical growth among the member nations. With time, BRICS has turned out to be a glimmer of hope for the world in bringing economical growth amid many woes inviting interest from many ...
Review of Russia-Ukraine War | Crisis Galore and Global Rebalancing – Part 2
Analysis, Featured, World

Review of Russia-Ukraine War | Crisis Galore and Global Rebalancing – Part 2

The West’s superiority complex is one of the root causes of this war. The west simply refuses to engage with others on an equal level. The West doesn’t treat Russia, or India, or China, or any African or Asian country with due equality. Had the West given due consideration to legitimate Russian security concerns, even the 2008 war on Georgia could’ve been avoided.  (This is the 2nd article in the 2-part series reviewing the Russia-Ukraine War. The first part can be read here) Ukraine’s devastation is for the world to see. So is the decline in the Russian economy. It is estimated that this war will set the Russian economy back by at least thirty years. The divide between Ukrainians and Russians in Ukraine has hardened, as has that between Russia and Ukraine. Europe...
Technology-led growth, Ease of doing business, Infrastructure and Digital Transformation are the key pillars of India’s current economic recovery: PM Modi at BRICS Business Forum
National

Technology-led growth, Ease of doing business, Infrastructure and Digital Transformation are the key pillars of India’s current economic recovery: PM Modi at BRICS Business Forum

PM Narendra Modi addressed the BRICS Business Forum 2022 and said that Technology-led growth, Ease of doing business, Infrastructure and Digital Transformation are the key pillars of India's current economic recovery. He said that when the whole world is focusing on post-COVID recovery, the role of BRICS countries will continue to remain very important. Speaking on the way India is attempting to recover from the pandemic, the PM said India has adopted the mantra of "reform, perform and transform". With an expected 7.5 percent growth, making it the fastest growing major economy, transformative changes are taking place in every sector in the emerging 'New India', he said. Innovation in every sector, innovation-friendly policies in many areas like space, blue economy, green hydrog...
“BRICS must live up to commitments on respect for sovereign equality, territorial integrity and international law” – EAM Dr S Jaishankar
World

“BRICS must live up to commitments on respect for sovereign equality, territorial integrity and international law” – EAM Dr S Jaishankar

India's External Affairs Minister Dr. S.Jaishankar participated in the BRICS along with the Foreign Ministers of Russia, Brazil, South Africa and China through video conferencing. The meeting was chaired by Minister of Foreign Affairs of the People’s Republic of China, Mr. Wang Yi under the BRICS rotating Presidency. The Minister of Foreign Affairs of the Federative Republic of Brazil, Amb. Carlos Alberto Franco França, Minister of Foreign Affairs of the Russian Federation, Amb. Sergey Lavrov and the Minister of International Relations and Cooperation of the Republic of South Africa, Ms. Grace Naledi Mandisa Pandor, led their respective delegations. The Ministers exchanged views on furthering Intra-BRICS cooperation on the three pillars of political and security, economic and finan...
BRICS Foreign Ministers reaffirm commitment to multilateralism, democracy, non-interference in internal affairs of others
Big Block of 4, Featured

BRICS Foreign Ministers reaffirm commitment to multilateralism, democracy, non-interference in internal affairs of others

The crucial foreing minister meet of BRICS countries was held on June 1st. The meet chaired by India's External Affairs Minister Dr S Jaishankar "reaffirmed the principles of non-intervention in the internal affairs of states" and the resolution of international disputes by peaceful means. This was the third time India presided over the BRICS meet after 2012 and 2016. China and Russia crucially reiterated the importance they attach to the status and role of Brazil, India and South Africa in international affairs and supported the aspiration of these BRICS members to play a greater role in the UN. The Joint Statement issued at the end of the meeting reaffirmed the "sole authority of the UN Security Council" for imposing sanctions and called for further consolidation and strengthe...
Quad versus BRICS: Is it Either-Or for India?
Analysis, Big Block of 4, Featured, National

Quad versus BRICS: Is it Either-Or for India?

China’s assertiveness bordering on bullying and expansionism gradually increased to convince the Quad countries to revive the dialogue in 2017India in conjunction with USA and Japan becomes an eyesore for the CCP because for China to be the ‘middle-kingdom’, India has to remain the second-fiddle in AsiaQuad is geared towards the strategy of ‘Free and Open Indo-Pacific’ (FIPO), and there is only one country in the region that stands out for flouting UNCLOS rules, building artificial islands, territorial water disputes with many countriesA Chinese mouthpiece’s article creates a scenario wherein India seems to be stuck in a zero-sum game- if it chooses Quad, it loses BRICSQuad is conceptualized exclusively with Chinese expansionism in mind, and its impact on the participating nations. It...
China supports India in hosting BRICS 2021, says its Foreign Ministry
National, World

China supports India in hosting BRICS 2021, says its Foreign Ministry

Brics Leader’s Family Photo on the side line of the 10th BRICS Summit China said it supports India in hosting this year’s BRICS meeting. This will be the third time India will host the BRICS Summit after 2012 and 2016. Chinese Foreign Ministry spokesperson Wang Wenbin told media in Beijing on Monday that China will work with India and other members to strengthen communication and dialogue and consolidate cooperation and work for greater progress under BRICS. He said, China attaches importance to BRICS mechanism and is committed to deepening strategic partnership within it to consolidate solidarity and cooperation. BRICS is celebrating its 15th anniversary in 2021, but it will be the 13th BRICS Summit which India is chairing. Last week, EAM Dr. S. Jaishankar launched the websit...