BRICS Pay is set to be launched in 2025, and Russia may be the first country to use it. The system faces significant challenges, including
New member Indonesia should also not “surrender to arrogant expressions" made by countries outside BRICS, a Russian diplomat says.
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
If like Donald Trump you need help ‘figuring out’ BRICs and its actual members, this comprehensive guide tells you everything you need to know.
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”
President Prabowo Subianto’s about-turn on membership of the economic grouping is about status rather than material gains.
In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s transactions with China. The Kremlin also claimed that about 90 percent of India-Russia trade already took place using local or alternate currencies.
Nigeria, in a loose arrangement, joins the influential bloc with opportunities in trade, investment and agriculture
Nigeria’s economic stability could be bolstered by currency swap agreements with BRICS countries, enabling trade in local
China's foreign minister, special advisor to Brazilian president agree to continue efforts to end Ukraine-Russia war - Anadolu Ajansı
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”