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South African politician: BRICS is the future of global economy
The five-nation bloc of emerging economies Brazil, Russia, India, China, and South Africa (BRICS) is a force that could promote inclusive global economic growth.
China, other BRICS leaders slam protectionism at G20 summit amid other rifts
Leaders of the world’s five major emerging economies (BRICS) have slammed protectionism at the G20 summit in Argentina amid threats by the US president to intensify tariffs on China and press ahead with anti-Russia sanctions.
Reminding the World of Importance of Multilateralism
The 10th BRICS summit (July 25-27, 2018) has just concluded in Johannesburg, South Africa. South African President Cyril Ramaphosa hosted China’s President Xi Jinping, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Brazilian President Michel Temer.
Brics back 'open world economy' that benefits all nations
The leaders of the Brics emerging economies have signed a declaration stressing the importance of an ‘open world economy’, in which all countries benefit from globalization.
BRICS development bank to expand lending to private sector
The New Development Bank (NDB), set up by the BRICS group of major emerging economies, wants loans to the private sector to eventually take up a 30 percent share of its project portfolio, a senior executive at the bank said on Tuesday.
Internal gold trading in BRICS countries
The BRICS countries are considering starting an internal gold trading platform, according to Russian officials. When this happens, the global economy will be significantly reshaped, and the West will lose its dominance, predicts a precious metals expert.
BRICS to form own gold trading system
Russia has unveiled a plan based on which the BRICS countries – Brazil, Russia, India, China and South Africa – will create a single gold trading system. The move is already seen as part of a campaign led by Russia and China to move away from the US dollar in international trade.
Pakistan rejects BRICS' statement on militant groups
Pakistan on Tuesday rejected a statement by the five emerging-market BRICS powers that militant groups in Pakistan pose a regional security concern, with its defense minister saying no group operates freely inside Pakistan.
World’s five major rising economies back Iran deal
The world’s five major rising economies have expressed support for the 2015 nuclear agreement between Iran and the P5+1 group of countries, urging all parties to live up to their commitments under the deal.
China pledges new funding for BRICS as group opposes protectionism
China will give $80 million in funding for BRICS cooperation plans, Chinese President Xi Jinping said on Monday, while the bloc of five emerging countries pledged to oppose protectionism.
BRICS summit kicks off in China
BRICS leaders’ meetings have officially kicked off in the coastal Chinese city of Xiamen.
China's trade with BRICS countries up 26%
China's trade with BRICS countries experienced fast growth in the first seven months, a spokesperson with the Ministry of Commerce (MOC) said.
China, India rivalry looms over BRICS summit
China and India may have ended a tense border standoff for now, but their longstanding rivalry raises questions about the possibility of meaningful cooperation at an upcoming summit of major emerging economies.
China-India border spat casts shadow ahead of BRICS summit
China is taking an increasingly tough line on a border row with India amid a rising crescendo of nationalism in state media, and President Xi Jinping looks set for an awkward encounter with Prime Minister Narendra Modi at a multilateral summit next month.
BRICS urge all countries to implement Paris Climate Agreement
The heads of state of Brazil, Russia, India, China and South Africa, which constitute the BRICS emerging countries, have called for the implementation of the Paris Agreement on climate despite opposition from the United States.

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