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.
The very word has such a good feel. In one of those experiments where they map areas of the brain which light up in response to various stimuli, I am sure the word “bricks”, like sun-dappled, lights up the happy areas. It has that constructive association, with building and improvement, and structures that keep out the rain
The New Development Bank, which earlier this year sold 3 billion yuan ($443 million) of green bonds in China, is considering issuing notes in Indian rupees or other local currencies as it gears up to expand its support for sustainable projects
As the world moves towards greater multi-polarity, both Russia and India have key roles to play in the emerging geostrategic order, said speakers at an international conference on ‘Russia in Global Affairs: Indian and Russian Perspectives.’