As stipulated by the guidelines, Russia takes over BRICS [Brazil, Russia, India, China and South Africa] from January 2024. With the heightening of geopolitical tensions, Russia’s priority focus is on the group’s possible enlargement to counter U.S. hegemony. It plans to push seriously for critical reforms in the international financial architecture and create a solidified platform for building an equitable multipolar world order

India and Russia can cooperate in building small floating reactors with the latter providing the nuclear heart (reactor) and the former taking care of the tow boat and electrical systems, said a top official of Rosatom

The generators have arrived in South Africa but will be officially received by Electricity Minister Kgosientsho Ramokgopa

The United Arab Emirates (UAE) is asking BRICS countries to settle oil trade in local currencies and not the U.S. dollar. The Middle Eastern nation is aiming to diversify its economic partnerships by renewing payment methods for oil trade deals

Egyptian Prime Minister Mostafa Madbouly said that Egypt is keen to make influential contribution to BRICS, as its membership will start next year

Russia’s BRICS trade extends to brewing and sales to Continental Africa