The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Monday, December 3, 2018
Indian Banks Likely to Designate One Branch to Deal with Russian Business as US Sanctions Loom
Indian-origin banks are likely to allot a branch each to handle all Russia-related businesses following the US sanctions against that country, The Hindu Business Line reported, citing sources
China’s soybean imports from Brazil nearly doubled in October from a year earlier, customs data showed, as buyers scooped up shipments on worries over shortages amid trade tensions with the United States, a major supplier
The two countries enjoy some of the largest global reserves of gold, silver, platinum, palladium, uranium, and other valuable and strategic resources, and have just committed to increasing bilateral cooperation in mining and exploration into the next decade
The 21st border affairs meeting between China and India was concluded in Chengdu, China's southwestern city. Chinese Ministry of Foreign Affairs issued a statement following the meeting, summarizing it as constructive and insightful where "an important consensus has been reached"
Leaders of five major emerging economies - Brazil, Russia, India, China and South Africa - will hold informal talks on the sidelines of the upcoming G20 summit in Argentina, Chinese Assistant Foreign Minister Zhang Jun said