BRICS, which comprises Brazil, Russia, India, China and South Africa and aims to counter Western dominance of the world order, has added several more members after Egypt, the United Arab Emirates, Iran and Ethiopia joined earlier this year. Wang said the expanded BRICS should develop into “a new multilateral cooperation mechanism” driven by emerging markets […]
Analysts and international relations experts believe that Bangladesh's participation in the meeting is significant amid the apparent contradictory positions of India and China. According to him, Bangladesh's inclusion would have demonstrated its serious intention to join the alliance, as invited foreign ministers from non-member countries would have had the opportunity to speak on security, development […]
Russian grain exports are projected to reach 65 million metric tons in the current 2023/24 season, compared to 60 million tons in the last marketing season. The Russian Federation does not publish official export statistics. IKAR analysts estimate wheat exports this season at around 52 million tonnes and SovEcon at 48.6 million tonnes. “So far, […]
South African Foreign Minister Naledi Pandor said on Wednesday that Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have confirmed they are joining the BRICS bloc after being invited last year. The five countries, along with Argentina, were invited to a summit in Johannesburg in August to join the group comprising Brazil, Russia, […]
However, the BRICS leaders of Brazil, Russia, India, China and South Africa expanded the grouping with the decision to include six more countries as members. They are Argentina, Egypt, Ethiopia, Saudi Arabia, Iran and the United Arab Emirates. Responding to a journalist’s question on BRICS membership, he said that it is not correct that when […]
Momen said Bangladesh remains a part of the New Development Bank (NDB) which is the only concrete outcome of BRICS in the last 15 years. Responding to a question, he said, “There are many issues – political and regional, and there is also the issue of maintaining balance (to join BRICS).” He said there was […]
The Prime Minister of Bangladesh and the President of Mozambique held “bilateral discussions” on possibilities of cooperation in energy, agriculture, agro-processing industries and contract farming on the sidelines of the BRICS Africa Outreach and BRICS Plus Dialogues on August 24, 2023.Twitter handle Ministry of Foreign Affairs, Bangladesh
While there is a vast difference in the economies of the BRICS member countries, the foreign policies of the countries also differ. That is why it was difficult for them to reach an agreement. It took even longer to resolve the issue when Indian Prime Minister Narendra Modi proposed two criteria for deciding on membership. […]
Bangladesh has done nothing but file an application to join the BRICS club—Brazil, Russia, India, China and South Africa. However, the policy makers of Bangladesh were keen on getting the membership. It was thought that if Bangladesh had secured the BRICS membership, it would have added a new dimension to the various geopolitical context ahead […]
Indian Prime Minister Narendra Modi met Bangladesh Prime Minister Sheikh Hasina at a dinner hosted by the current BRICS Chair and South African President Cyril Ramaphosa. Foreign Minister AK Abdul Momen told a news briefing about the Prime Minister’s Wednesday events, “Indian Prime Minister Narendra Modi, who was a few yards away from the Bangladeshi […]
Iran and Saudi Arabia are among the six countries invited on Thursday to join the BRICS grouping of developing economies. The United Arab Emirates, Argentina, Egypt and Ethiopia are also set to join the bloc from 2024. The announcement was made at the BRICS summit in Johannesburg by South African President Cyril Ramaphosa, whose country […]
Foreign Minister AK Abdul Momen, Private Industry and Investment Adviser to the Prime Minister Salman Fazlur Rehman, Prime Minister’s daughter and Thematic Ambassador of the Climate Vulnerable Forum and Chairperson of the National Advisory Committee for Autism and Neurodevelopmental Disorders Saima Wazed, Principal Secretary to the Prime Minister Mohd. Tofajzel Hussain Miya and Foreign Secretary […]
He further mentioned that more than $360 billion has been transferred through Direct Benefit Transfers. “Today millions of people in India get direct benefit transfer in one click. This has increased transparency in service delivery, reduced corruption and middlemen. India is one of the most economical countries in terms of cost per gigabyte of data. […]
South African officials say more than 40 countries from the ‘Global South’ have shown some degree of interest in joining BRICS, a broad term that refers to countries outside the West. Like the BRICS members themselves, these countries represent different political systems, disparate economic strengths and contrasting diplomatic positions, and are culturally and geographically as […]
Addressing the seminar as a panel speaker, former Foreign Secretary Shahidul Haq said that BRICS was not formed through discussion or bargaining among member countries, but was formed in the board room of an organization. Hence, it did not take off as a dedicated platform for economics and investing. He stressed that the anticipated expansion […]