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, October 9, 2017
Russia Takes Interest in South Africa Winemakers
A group of Russian businesspeople is in South Africa as part of the host government’s efforts to boost businesses of winemakers in the country. Fourteen winemakers based in the Western Cape Province and another based in Eastern Cape Province are with the Russian delegation attending a four-day session organised by the Ministry of Trade and Industry in Cape Town
With global energy market moving from a supply-constraint market to a supply-surplus market effecting a slump in prices, India is preparing to renegotiate with Russia’s Gazprom the price of LNG, supply of which is to begin next year
After backing the BRICS declaration on terrorism naming Pakistan-based militant groups, China today said it will extend support to the fight against terrorist financing and money laundering in non-financial sectors
Representatives of competition authorities of BRICS member-states also studied an initiative to form BRICS Analytical Centre and reached arrangements to further analyze competition on the food markets and in the pharmaceutical sector