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We need to adjust our economic structure, achieve development of better quality, build closer economic partnership, boost the building of an open world economy and establish a global development partnership
Thursday, April 4, 2024
Competition Issues Discussed at the EEC with Representatives of the BRICS Competition Law and Policy Center
Modern trends in competition law and law enforcement in the Eurasian Economic Union and the BRICS countries were discussed at the headquarters of the Eurasian Economic Commission by Maxim Ermolovich, EEC Minister in charge of Competition and Antitrust Regulation, and Alexey Ivanov
As BRICS navigates the evolving global economic landscape, its trade, investment, and finance progress underscores its significance as a transformative force
During the 2023 annual summit, the BRICS bloc invited six countries to join its collective. Of those, five had responded with intentions of being the first expansion nations for the bloc since 2001. However, since the start of the year, uncertainty has abounded over Saudi Arabia’s status regarding joining the BRICS alliance
“New quality productive force” is now a new buzzword in China, particularly associated with the nation’s car exports. China’s car exports, including new energy vehicles (NEVs), have indeed grown significantly, to the point where the U.S. is considering imposing policy restrictions on the country
Pakistan’s intellectual and political circles regard BRICS as an essential platform for advancing the nation’s strategic and economic interests globally. Achieving this goal, however, demands meticulous navigation of geopolitical challenges, particularly with India, and crafting a persuasive argument for Pakistan’s inclusion in BRICS
According to the results of January-February 2024, the supply of Russian fertilizers to China soared by 94 percent compared to the same period in 2023 and reached the level of 891.3 thousand tons
In January 2024, the Kingdom of Saudi Arabia officially announced its membership of BRICS, an international economic bloc that includes Brazil, Russia, India, China and South Africa