Page 22 - Brics News Today

Today, cooperation is not discarded, but wielded as a calculated tool, only when it aligns with their strategic calculus

Under Russia's presidency, BRICS will also continue focusing on strengthening cooperation along anti-terrorism, anti-corruption and anti-drug lines, as well as in the field of international information security, and continue coordinating the approaches of the BRICS countries to resolving key foreign policy issues, including at such international platforms as the UN, G20, and WTO.

The Indian Defense Ministry announced it had begun a joint army exercise with Saudi Arabia expected to run through February 10.

The potency of the BRICS to embark successfully on a cohesive strategy to restructure the global South and the world economy in their own image is easier said than done.

Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have confirmed they are joining the Brics bloc after being invited last year, South African foreign minister Naledi Pandor said on Wednesday.

Nearly three dozen countries are seeking entry into the China and Russia-backed BRICS economic group, member state South Africa said Wednesday, weeks after the body expanded its membership for the first time in more than a decade.

South African FM Naledi Pandor says countries such as Saudi Arabia, UAE, Egypt, Iran, Ethiopia have confirmed their membership to the bloc

Russian central bank governor Elvira Nabiullina says the yuan’s share in Russia’s exports has increased from 0.4 to 34.5 per cent, replacing the US dollar and euro as its ‘primary’ currency for foreign economic activity.

Dubai has been ranked third in the top 10 wealthiest BRICS cities, according to the inaugural BRICS Wealth Report by Henley & Partners.

Dubai lives up to reputation as ‘city of gold’, says Henley & Partners report