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.
Friday, March 15, 2019
Sun Pharma Arm Increases Stake in PJSC Biosintez, Russia
The wholly owned subsidiary of Sun Pharmaceutical Industries Limited, has increased its shareholding in PJSC Biosintez, Russia, by way of purchase of 33958 shares (30221 ordinary shares and 3737 preferred shares) equivalent to 11.86% of PJSC Biosintez under Mandatory Tender Offer
The club of emerging political and economic powers of Brazil, Russia, India, China, and South Africa in response to new global challenges is famously known as BRICS. Since its inception in 2006, it has been a platform to highlight the prominence of multi-polar world order challenging the collision of G-7 members. These five countries account for 20 percent of world GDP and 40% of the world population
A new edition of India-Russia business dialogue and panel discussion is expected to be held as part of the Eastern Economic Forum (EEF) 2019 in Russia's Far-Eastern city of Vladivostok in September, the press service of the Russian Far East Investment and Export Agency said
Russian Deputy Foreign Minister Sergey Ryabkov discussed with Brazilian Foreign Ministry senior officials the development of bilateral relations along with the situation in the region, the Russian Foreign Ministry said in a statement
The first of the 40-ton heavy-lift helicopters developed by Russia and China is to be delivered by 2032, chief designer of a Chinese helicopter manufacturer has revealed to state-linked newspaper Global Times