An informal grouping of countries that has evolved into an intergovernmental organisation, BRICS serves as a forum for cooperation among nine leading emerging economies: Brazil, China, Egypt, Ethiopia, India, Iran, Russia, South Africa, and the United Arab Emirates. BRICS, an intergovernmental organisation, was initially identified to highlight investment opportunities in emerging markets. Over time, it…
At the Kazan Summit, Russia made a concerted push for the creation of a new payment system, aiming to provide an alternative to the global bank messaging network SWIFT. This proposal is part of Moscow’s strategy to circumvent Western sanctions imposed in response to its war in Ukraine. Russian President Vladimir Putin envisions BRICS—recently expanded…
The 16th BRICS Summit in Kazan, Russia, marked a transformative moment in the evolution of the Bloc, solidifying its role as a crucial platform for the Global South in addressing global challenges. As an inclusive multilateral forum open to emerging markets and developing countries, BRICS has positioned itself as a champion of international cooperation and…
Amidst growing differences between India and Russia due to India’s growing closeness with the US and Russia’s congruence with China, India and Russia held the 21st India-Russia Annual Summit to discuss the entire gamut of bilateral relations, including regional and global issues. Recent events saw the distancing of Russia from India through the re-evaluation of…
PRESIDENT JOSEPH R. BIDEN welcomed Prime Minister Narendra Modi to the White House today for their first in-person Leaders’ engagement, renewing their close relationship and charting a new course to advance the partnership between the world’s largest democracies. The Leaders affirmed a clear vision that will guide the U.S.-India relationship forward: building a strategic partnership…
The recent meeting between the Indian Prime Minister Narendra Modi and US President Joe Biden evoked a lot of interest for watchers in the diplomatic sphere given the fact that Narendra Modi had been seen openly supporting the Republican Party’s incumbent Presidential candidate Donald Trump. It was indeed a pleasant surprise that Joe Biden put…
Relations between India and Russia are rooted in history, mutual trust and mutually beneficial cooperation. This is a strategic partnership that has withstood the test of time, and which enjoys the support of the people of both countries, says Ivor Vaz IF THERE HAS EVER BEEN a longstanding and time-tested partner for India, it is…
