China will lead the creation of an open source platform among BRICS members to promote cooperation on large language models, Chinese President Xi Jinping said on Sunday.
BRICS has the scale to challenge the Western-led order. But it still lacks the political unity and financial machinery needed to turn its multipolar rhetoric into power.
Iran is pushing for a dedicated BRICS “financial corridor” linking national payment systems and expanding the use of local currencies, as Tehran seeks to reduce transaction costs and reliance on financial channels outside the bloc.
Iran will soon join the New Development Bank (NDB), the lender established by BRICS nations, Central Bank Governor Abdolnaser Hemmati said in a state media report on Wednesday ahead of a BRICS finance meeting in India.
Indian National Security Adviser Ajit Doval and Chinese Foreign Minister Wang Yi held talks in New Delhi on the sidelines of the BRICS security advisers’ meeting, in the latest sign of gradual efforts to stabilise ties after years of border tensions.
Foreign ministers from the expanded BRICS bloc gathered in New Delhi on Thursday (14 May) for a crucial two-day meeting overshadowed by the ongoing Iran war, internal tensions within the grouping and mounting fears over global energy supplies.
Divisions over the U.S.-Israeli war with Iran are set to overshadow a two-day meeting of the BRICS group of emerging economies in the Indian capital New Delhi on Thursday (14 May).
In the shifting landscape of global power politics, few developments have been as consequential as the steady consolidation of influence by the so-called “Russia–China–Iran bloc.”
BRICS is no longer just a club of emerging economies, it’s evolving into a global power bloc. With more countries joining and dozens lining up, BRICS+ is challenging Western dominance and reshaping how the world does business, diplomacy, and development.
The inaugurate BRICS Motor Rally will take place from 9th to 15th August 2025, along the route from Yekaterinburg to Moscow. The event is supported by the BRICS Business Council under the chairmanship of Braz, the Russian Ministry of Foreign Affairs, and the Russian Chamber of Commerce and Industry.
U.S. President Donald Trump has threatened a 10% tariff on all BRICS member countries, claiming the bloc was "set up to hurt" the United States by undermining the dollar.
A planned 10% U.S. tariff targeting BRICS nations will be triggered only if they adopt policies deemed "anti-American", a source close to the Trump administration said, amid trade talks and denials from bloc members.
The BRICS member countries have reached a new agreement to establish a multilateral financial guarantee mechanism aimed at supporting sustainable development projects, including the energy transition, the expansion of renewable energy, and the strengthening of resilient infrastructure.
BRICS leaders meeting in Rio de Janeiro have condemned attacks on Iran, Gaza and Kashmir, while presenting the expanded bloc as a rising force for multilateralism in a world dominated by U.S.-led policies.
Leaders of the expanding BRICS alliance are set to meet in Rio de Janeiro on Sunday, aiming to position the group as a champion of multilateralism and a counterbalance to traditional Western-led institutions.
Vietnam officially joined BRICS as its 10th partner country, announced the Brazilian Foreign Ministry.
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
Foreign ministers from the enlarged BRICS bloc met in Brasília on Thursday, where host Mauro Vieira urged the group to craft “practical pathways” for resolving global conflicts and strengthening multilateral security ahead of the leaders’ summit later this year.
Indonesia will officially become a member of the New Development Bank (NDB), a multilateral financial institution established by BRICS nations, President Prabowo Subianto announced on Tuesday.
Brazil announces Nigeria's acceptance as a partner country in BRICS, highlighting shared interests and Nigeria's growing role in global governance and the Global South.
Indonesia is formally joining the BRICS group of major emerging economies as a full member.
Nine countries will join BRICS as partner states in January 2025, gaining limited participation rights, as outlined in the Kazan Declaration.
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