BRICS

BRICS and India The acronym BRIC was coined by James O’Neill of Goldman Sachs in 2001 for the emerging economies of Brazil, Russia, India, and China. It brought out the significance of these countries in the global economic order that also had certain degrees of similarities in their economic trajectory and faced similar challenges. In […]

Pakistan’s recent bid to join the BRICS (Brazil, Russia, India, China, and South Africa) grouping raises concerns that go beyond mere expansion. While the BRICS nations have shown openness to widening their membership, Pakistan’s inclusion could prove detrimental for three compelling reasons. Firstly, the economic dynamics within BRICS, a coalition that already challenges the G7 […]

NEW DELHI: Pakistan’s recently appointed Ambassador to Russia, Muhammad Khalid Jamali, revealed during a recent interview that Pakistan has submitted a membership application to join the BRICS group of nations in 2024. This information was reported by the Russian news agency TASS. Originally formed in 2010, the BRICS union comprised Brazil, Russia, India, China, and […]

NEW DELHI: In a seismic political shift, Argentina’s recently elected right-wing populist, Javier Milei, has vowed to steer the nation away from the BRICS alliance, marking a departure from the geopolitical norm and signalling a potential realignment in global economic dynamics. The maverick president-elect, who rode the wave of anti-establishment sentiment to victory, has not […]

NEW DELHI: India’s External Affairs Minister, S Jaishankar, is set to represent the country at the BRICS virtual summit hosted by South Africa on Tuesday. During the summit, leaders from Brazil, Russia, India, China, and South Africa will engage in discussions, including the ongoing conflict between Israel and Hamas. South African President Cyril Ramaphosa will […]

Control of the Indian Ocean region is critical for China’s economy, and its strategic ambitions.

While India wants a multi-polar world, China might prefer a large anti-West forum.

Indian officials refuted Chinese authorities’ claim that Modi-Jinping meeting was organized at New Delhi’s request

These countries will become full members of BRICS from January 1, 2024

After its strategic defeat in Ukraine, Washington is looking to pit India against China