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Brics Summit

All articles tagged with #brics summit

world26 days ago•3 min saved

UAE-Iran Meet at BRICS Summit as Both Seek Stability Amid Sanctions

At the BRICS summit in New Delhi, the UAE and Iran held their first high-level meeting since the conflict intensified, stressing dialogue and regional stability while the UAE’s sanctions against Tehran remain in place; no immediate policy shifts were announced. The talks reflect cautious engagement rather than a thaw, as BRICS urged restraint and cooperation on trade and energy, with Iran calling for broader use of national currencies and a bigger role for the New Development Bank. Separately, Oman-Iran shipping talks on a Hormuz route were announced amid UAE insistence that the Strait stay open; reports also noted a fatal incident near Hengam/Qeshm.

via Euronews.com|

#brics-summit #regional-stability #sanctions

world-news26 days ago•35 min saved

Iran, UAE vow to ‘turn the page’ after BRICS meeting in Delhi

Iranian President Masoud Pezeshkian says Tehran and the UAE want to turn the page and look to the future after a constructive BRICS Summit meeting with Abu Dhabi’s Crown Prince in New Delhi, signaling a push for de-escalation, regional stability and future development despite prior tensions and UAE’s August suspension of trade with Iran.

via Hindustan Times|

#brics-summit #iran-uae-ties #new-delhi

world27 days ago•3 min saved

Xi-Modi talks on BRICS sidelines hint at thaw in India-China ties

On the BRICS sidelines in New Delhi, Modi and Xi pledged to pursue a fair, mutually acceptable resolution of the border question and to deepen cultural, trade, and transport links, signaling a cautious thaw after years of tension. Xi’s visit—his first to India in seven years—comes despite unresolved territorial issues and continued high military deployments, underscoring a blend of cooperation and rivalry in their relationship.

via Al Jazeera|

#border-dispute #brics-summit #india-china

world28 days ago•5 min saved

Xi–Modi Pivot Under BRICS Spotlight: Thaw Meets Tensions

Xi Jinping’s first India visit since 2019 and a likely Modi–Xi meeting at BRICS signal a cautious reset in India–China ties, with border disputes and a large trade deficit still on the agenda, even as flights, border trade, and people-to-people exchanges resume.

via CNBC|

#border-dispute #brics-summit #india-china-relations

world1 month ago•6 min saved

Xi Jinping accelerates China’s global outreach with Egypt and India trips ahead of Trump summit

Xi Jinping plans rare state visits to Egypt and likely India before a September trip to the U.S., signaling Beijing’s push to broaden its international role through SCO/BRICS and to shape interpretations of U.S.-China ties amid trade tensions, Russia concerns, and AI governance.

via CNBC|

#brics-summit #diplomacy #sco-summit

world1 month ago•50 min saved

Xi's Delhi Visit Could Be the Bricks of BRICS’ Economic Move

Xi Jinping’s anticipated Delhi trip for the BRICS summit could unlock practical BRICS cooperation by accelerating momentum in India–China ties, with talks likely on cross-border payments, central-bank digital currencies interoperability, and a BRICS grain exchange. A stabilised bilateral rhythm could move BRICS beyond rhetoric toward concrete economic steps, though a BRICS currency remains unlikely and deep structural tensions between India and China persist.

via The Economic Times|

#brics-summit #cbdcs #india-china-relations

world1 year ago•4 min saved

China Hosts Putin, Modi, and Erdogan in a Show of Diplomatic Unity

China's Xi Jinping is hosting a major regional security forum in Tianjin to showcase Global South solidarity, inviting over 20 leaders including Putin and Modi, amidst geopolitical flux and efforts to counter Western influence. The summit emphasizes optics over substantive cooperation, with key bilateral meetings expected between India and China, and Putin staying on for a military parade in Beijing.

via Reuters|

#brics-summit #global-south #india-china-relations

world1 year ago•6 min saved

BRICS Summit Focuses on Global Challenges and Emerging Markets

The Brics summit in Brazil aims to strengthen collective action among emerging economies to address global issues like climate change and geopolitical tensions, amidst internal divisions and challenges to multilateralism, with a focus on reforming global governance and supporting climate finance for the global south.

via The Guardian|

#brics-summit #climate-change #global-south

world1 year ago•4 min saved

BRICS Summit Faces Leadership Gaps and Key Absences

The upcoming Brics summit in Brazil faces challenges due to the bloc's rapid expansion, leadership absences, and internal divisions, with many leaders, including Xi Jinping and Vladimir Putin, not attending. The summit aims to focus on less controversial issues like health and green energy, but disagreements over topics like UN reform and trade currencies highlight ongoing tensions within the diverse group of emerging economies.

via Financial Times|

#brics-summit #economic-cooperation #expansion

international-relations3 years ago•3 min saved

India and China Leaders Pledge to Deescalate Border Issue at BRICS Summit

Indian Prime Minister Narendra Modi and Chinese leader Xi Jinping met on the sidelines of the BRICS economic group meeting in Johannesburg and agreed to "intensify efforts" to deescalate tensions at their contested border. The meeting comes after a deadly clash in 2020 strained relations between the two countries. The disputed border has long been a source of friction, and the leaders discussed the importance of maintaining peace and tranquility in the border areas. The meeting is seen as a step toward mending their fraught relationship, and both sides expressed the need to handle the border issue properly to safeguard peace and tranquility in the region.

via CNN|

#border-dispute #brics-summit #china

international-relations3 years ago•2 min saved

BRICS Summit: Putin and Xi Criticize the West

China and Russia criticize the West at the BRICS Summit, with Putin blaming the West for the conflict in Ukraine and Xi Jinping criticizing exclusive blocs and the cold war mentality. Indian Prime Minister Narendra Modi expresses support for expanding the BRICS group, while Brazilian President Luiz Inacio Lula da Silva emphasizes that BRICS should not aim to rival the U.S. The summit also discusses de-dollarization and reform of the international financial system.

via Voice of America - VOA News|

#brics-summit #china #expansion

politics3 years ago•2 min saved

Mystery Surrounds Xi Jinping's Absence at BRICS Summit

Chinese President Xi Jinping unexpectedly skipped a scheduled speech at the Brics summit in South Africa, raising speculation about his absence. His speech was read out by his commerce minister, Wang Wentao, who made thinly veiled attacks on the US. This marks the second unexplained absence of a Chinese official, following former foreign minister Qin Gang. The Brics countries, representing 40% of the world's population and a quarter of global GDP, aim to strengthen their alliance as a counterweight to western blocs.

via The Guardian|

#brics-summit #china #politics

international-relations3 years ago•11 min saved

Putin Accuses West of Instigating Ukraine War Amidst Night of Drone Attacks

Russian President Vladimir Putin blames the West for the war in Ukraine, claiming that their "aspiration to preserve their hegemony" led to a coup d'etat in 2014. Putin's remarks came during the Brics summit, where he also discussed the establishment of new transport routes, bolstered partnerships in various sectors, and emphasized the importance of a world order based on international law. Meanwhile, Ukraine reported a strike on a Russian air defense missile system in Crimea, and Ukrainian officials stated that the attack destroyed 13,000 tonnes of grain and reduced the export capacity of the port of Izmail by 15%.

via BBC|

#brics-summit #crimea #international-relations

international-relations3 years ago•2 min saved

Putin's Absence at BRICS Summit Doesn't Stop Him from Criticizing the West and US Dollar

Russian President Vladimir Putin delivered a prerecorded speech at the BRICS summit, criticizing Western sanctions and advocating for de-dollarization. Putin was unable to attend the summit in person due to the risk of arrest. He emphasized the importance of the BRICS bloc as an alternative to the Western order and expressed support for adding new members. The BRICS bloc represents 40% of the world's population and a quarter of global GDP.

via Yahoo! Voices|

#brics-summit #de-dollarization #global-majority

economics3 years ago•3 min saved

Debunking the Myth of De-Dollarization: Hugh Hendry's Perspective on the BRICS Summit

As the BRICS summit takes place, discussions around membership expansion and de-dollarization are at the forefront. However, Hugh Hendry, Founder of Eclectica Macro, argues that de-dollarization is detached from economic logic and reason, stating that those who see it as a major threat have no understanding of how the world works. Hendry believes that the BRICS countries lack the necessary depth in their markets and currency trading to make de-dollarization a viable strategy. He also highlights the importance of America's democratic system and open capital markets in maintaining the dollar's status as the dominant currency.

via Kitco NEWS|

#brics-summit #currency #de-dollarization