Indonesia's formal application to join BRICS, confirmed recently by Indonesia's Ministry of Foreign Affairs spokesperson Roy Soemirat, highlights the bloc's increasing appeal among emerging economies.

BRICS Pay is a payment system initiative developed by the BRICS nations (Brazil, Russia, India, China and South Africa) to facilitate cross-border transactions among these countries. Its primary ...

Indonesia has officially become a new BRICS partner, joining countries such as Malaysia, Thailand, Vietnam, Türkiye, Nigeria, Cuba and Kazakhstan. Indonesia’s Foreign Minister Sugiono announced this ...

The 2024 BRICS Kazan Declaration endorsed an initiative to establish a BRICS Grain Exchange as part of their effort to “develop a fair agricultural trading system.” This idea is a Russian ...

The ministry did not take aim directly at Mr. Lula, who missed the BRICS summit, held in Russia last week and at which Venezuela's application was discussed, after suffering a head injury at home.

Turkey’s bid to join BRICS underscores Erdogan’s ambition for global influence, but the suspicion and distrust generated by Ankara’s past actions cast doubt on his great power aspirations. During this ...

ndonesia’s announcement by Foreign Minister Sugiono last week to join the BRICS group signifies a transformative shift in the country's diplomatic trajectory. This pivotal move enables Indonesia ...

Russian President Vladimir Putin was gifted with a BRICS banknote, a souvenir, from the so-called BRICS currency in October 2024 – but it’s unlikely to replace local currencies or the US dollar. The ...

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Brazil will be the second member of the BRICS after India not to endorse the BRI. In a major setback to China's BRI, Brazil has decided against joining Beijing's multi-billion-dollar initiative ...

Venezuela has pulled its ambassador from Brazil in a spat over Caracas’s failed recent bid to join the BRICS alliance of major developing nations. Venezuela’s Foreign Ministry announced the ...

The 16 th BRICS Summit in Kazan, Russia, concluded last week with the usual grand declaration of the group’s commitments, concerns and aspirations. Many media headlines, particularly in Western ...