Russia
Source: mid.ru

Award ceremony to present Foreign Ministry’s decorations to regional officials, Russian civil society leaders and heads of the Foreign Ministry’s regional offices for their contribution to Russia’s BRICS Chairmanship in 2024

On February 17, Sergey Lavrov will take part in an award ceremony to present the Foreign Ministry’s decorations to regional officials, Russian civil society leaders and heads of the Foreign Ministry’s regional offices in Yekaterinburg, Kazan and Nizhny Novgorod for their meaningful contribution to building a track record of success and accomplishment for the Russian Federation in promoting cooperation within BRICS in its various aspects and helping organise major events.


Sergey Lavrov to take part in the G20 Foreign Ministers’ Meeting

This year’s opening meeting of the G20 Foreign Ministers as part of the debut presidency of South Africa – a friendly country whose stance is in accord with Russia’s – will take place in Johannesburg on February 20-21, a landmark event not only for Pretoria, but also for the entire African continent, which will host G20 events for the first time.

Foreign Minister Sergey Lavrov plans to lead the Russian delegation. It is expected that most of the members of this major economic forum, as well as a wide range of invited states and international organisations, will be represented at a similar level.

The meeting will open with an address by President of South Africa Cyril Ramaphosa, which will set the general tone for discussing global challenges and threats. The discussion will particularly focus on the international situation, which is alarmingly deteriorating under the impact of the confrontational policy by the neoliberal Western elites.

The participants will consider the current integrity and effective functioning of the global economic system. The priorities stated by the South African presidency are designed to encourage economic growth, reduce inequality and imbalances, and ensure equitable access to financing for countries in the Global South.

The South African presidency theme highlighting “solidarity, equality and sustainability” will provide solid framework for the consultations, essentially continuing in the same vein as its predecessors in 2022-2024 – Indonesia, India and Brazil, all of them Global Majority countries. In particular, this refers to the G20’s significant contribution during this period to strengthening the foundations of the multipolar world and making global economic institutions more democratic in the interests of new non-Western centres of influence, primarily the expanded BRICS group.

The upcoming anniversaries, such as the 80th anniversary of Victory in World War II and the foundation of the UN, as well as the 65th anniversary of the Russia-sponsored Declaration on the Granting of Independence to Colonial Countries and Peoples adopted by the UN General Assembly to ensure Africa’s independence, should be seen as key benchmarks for the exchange of views.
In his remarks, the Minister will provide a detailed analysis of the international situation underscoring the root causes of the current crisis, and outline specific steps to overcome the destructive phenomena. The Russian side will reaffirm its stance in favour of preserving the United Nations’ central role in global affairs. We will speak in support of strict compliance with the principles of the UN Charter in their entirety and interconnection.

We will insist that there is no alternative to respectful interstate cooperation and ensuring equal and indivisible security for all. We will call for keeping the global economy open, rejecting trade wars, illegitimate sanctions and other unfair competition practices. We will cite examples of supranational associations that practice honest and productive cooperation without diktat or blackmail, such as the EAEU, the SCO and BRICS. We will share the details of implementing the Russia-sponsored Greater Eurasian Partnership initiative.

The Minister is expected to meet with several counterparts on the sidelines of the meeting.

China
Source: www.chinadaily.com.cn

BRICS accession a New Year gift to IndonesiaBy Humprey Arnaldo Russel | CHINA DAILY | Updated: 2025-02-11 07:15
Indonesia officially became a full member of BRICS on Jan 6, as announced by Brazilian foreign ministry. While Indonesia's accession to BRICS has sparked debates at home, the decision by the Prabowo Subianto administration should be acknowledged as a strategic move to strengthen Indonesia's position in global geopolitics.

Luhut Binsar Pandjaitan, chairman of the National Economic Council, emphasized that Indonesia is too big a country to rely on any one economy. Jakarta has asserted that joining BRICS aligns with Indonesia's policy of engagement with other regional and global mechanisms and platforms such as the G20, the Asia-Pacific Economic Cooperation, the US-led "Indo-Pacific Economic Framework for Prosperity", MIKTA (a grouping of Mexico, Indonesia, the Republic of Korea, Turkiye and Australia), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, as well as its accession phase as a member of the Organisation for Economic Co-operation and Development.

Indonesia's inclusion as a full member of BRICS will provide more benefits for the country. First, BRICS, as a grouping of developing countries, especially the Global South countries, can provide a platform for Indonesia to co-seek the reform of global institutions such as the United Nations, the International Monetary Fund and the World Bank, which have been dominated by Western countries. Considering the evolving global dynamics, this is the right time to reform global institutions so they more effectively represent the interests of the developing countries.

Second, Indonesia, which needs financing for infrastructure development, can reduce its reliance on traditional financial institutions such as the IMF and the World Bank, and instead seek loans from BRICS New Development Bank at much lower interest rates.

Third, BRICS' membership also provides an opportunity for Indonesia to diversify its economy, and reduce its dependence on its traditional trading partners such as the G7 nations.

Fourth, as a member of BRICS, Indonesia can explore more potential export markets for its manufactured goods and mining products, as BRICS is different from traditional platforms promoting trade cooperation which often prioritize the interests of rich countries.

In his book Globalization and Its Discontents, Joseph E. Stiglitz criticizes the IMF, the World Bank and the World Trade Organization for promoting unfair policies and protecting the interests of rich countries. Some scholars have also raised concerns over the IMF's unfair policy of supporting the rich countries' agenda while more or less ignoring the needs and interests of developing countries.

Similarly, Prabowo has long been concerned about the injustices perpetrated by international organizations. In his book Paradoks Indonesia dan Solusinya, he criticizes the IMF's proposal to Indonesia during the 1997 Asian financial crisis, which destroyed many of the country's industries.

By joining BRICS, Indonesia has also created a new channel to strengthen cooperation with China, which is not only one of the founders of BRICS but also Indonesia's largest trading partner, with their bilateral trade volume reaching about $135.1 billion in 2024. In fact, Prabowo has repeatedly expressed his commitment to strengthen cooperation with China, following the policy of his predecessor Joko Widodo.

Furthermore, BRICS' membership will allow Indonesia to more conveniently collaborate with other BRICS members, and promote the Global South's interest in international institutions and forums.

Prabowo's decision to deepen cooperation with China aligns with the public opinion, as reflected by a recent survey. The 2024 survey conducted by Indikator Politik Indonesia — a reputable Jakarta-based polling firm led by Burhanuddin Muhtadi — showed 28.5 percent of the general public and 28.2 percent of elite respondents support prioritizing cooperation with China.

China received more support than Japan, which got 23.4 percent approval from the general public and 11.7 percent from elite respondents, and the United States, which received 16.5 percent public approval and 24.3 percent elite support. The Indonesian people also see Beijing as Jakarta's closest ally, closer than other ASEAN member states, the US and Japan. The support of the Indonesian public is an indicator that Indonesia-China cooperation is on the right track.

According to IMF data, published in 2024, in purchasing power parity (PPP) terms, the 18 members and partners of BRICS made up 41.4 percent of global GDP, while the G7 members Canada, France, Germany, Italy, Japan, the United Kingdom and the United States accounted for 29.08 percent in 2024. The BRICS members and partners have overtaken the G7 industrialized countries in terms of GDP measured in PPP terms. This momentum should be used by the countries of the Global South to build a better and fairer world.

Moreover, the countries of the Global South, many of which are the signatories to the Bandung Declaration of 1955, will commemorate the 70th anniversary of the declaration in April. The spirit of Bandung must continue to be upheld in order to create an inclusive world order that is more open, fairer, and protects the interests of all nations, rather than favoring only the rich countries.

The author is the head of the ASEAN-China Research Center at the University of Indonesia. The views don't necessarily represent those of China Daily.

If you have a specific expertise, or would like to share your thought about our stories, then send us your writings at opinion@chinadaily.com.cn, and comment@chinadaily.com.cn.

South Africa
Source: www.iol.co.za

South Africa's membership in the BRICS economic bloc, comprising Brazil, Russia, India, China, and South Africa, offers a unique platform to capitalise on our nation's substantial mineral reserves. As the sole African representative, South Africa serves as a conduit to the continent's abundant natural resources. The mining sector, a pivotal driver of the South African economy, is poised to significantly benefit from heightened investor involvement within the BRICS framework, opening new avenues for expansion and delivering a multitude of socio-economic advantages.

South Africa is home to a remarkable endowment of mineral resources, including gold, platinum, and rare earth metals, all of which are critical for various industries like manufacturing and renewable energy. Within BRICS, this mineral wealth has the potential to solidify trade ties and attract major Foreign Direct Investment (FDI).

Investor participation in mining through BRICS partnerships offers several advantages, including capital inflow, access to advanced technology and expanded markets. FDI can modernise mining operations, significantly boosting productivity and export capabilities. Collaboration within BRICS enhances access to efficient and sustainable mining technologies, which can promote environmental responsibility, while BRICS economies represent new and expanding markets for South Africa's mineral exports, which will foster economic diversification. Additionally, such investments can drive employment opportunities and skills development programmes, which will accelerate socio-economic progress.

Looking beyond resources - leaning into South Africa’s expertise

While the abundance of mineral resources positions South Africa strategically, its contribution to BRICS should not be limited to mere resource extraction. South Africa has a long and distinguished history in mining, amassing a wealth of expertise in areas like mine management, geology, and safety protocols. This knowledge and experience can be invaluable for developing the mining sectors of other BRICS nations.

The South African mining industry places a strong emphasis on safety, with a well-established regulatory framework and a consistent focus on improving safety practices through continuous learning and skills development. This emphasis translates into a highly skilled workforce with a strong safety culture. South Africa has developed comprehensive training programmes that equip mineworkers with the knowledge and skills necessary to work safely in challenging environments. These programmes cover a wide range of topics, including hazard identification, risk assessment, emergency response procedures, and the use of safety equipment.

This expertise in mining-specific skills development and training can be invaluable for other BRICS nations seeking to enhance safety standards within their own mining sectors. South Africa can share its best practices in safety training and workforce development, assisting other member nations in developing and implementing effective safety programmes that prioritise the well-being of their miners. By sharing its knowledge and expertise, South Africa can contribute to a safer and more sustainable mining sector across the entire BRICS bloc.

Working together - skills development and technology transfer

The exchange of knowledge and expertise within BRICS can be mutually beneficial. For example, South Africa can share its expertise in underground mining with China, while learning about AI-powered mining technologies. Collaboration with India can focus on sustainable mining practices, incorporating environmental protection and renewable energy. Partnerships with Russia can involve developing advanced materials and utilising satellite imagery for exploration.

With Brazil, South Africa can exchange knowledge on mine ventilation and hydrometallurgical processes. Finally, establishing a regional centre of excellence within BRICS can facilitate the exchange of knowledge and technologies across the bloc. Such a collaborative approach can revolutionise mining practices across BRICS, promoting efficiency, safety, and sustainability.

The road ahead depends on strategically leveraging resources

To solidify its position within BRICS, South Africa must prioritise strategic initiatives. Firstly, investing in robust human capital development strategies across BRICS nations is vital. This involves championing the development and implementation of high-quality training programmes for mineworkers, ensuring they possess the skills necessary for safe and efficient operations.

Secondly, advocating for the implementation of standardised mining regulations and mandatory skills development programmes within the bloc will ensure responsible and sustainable mining practices. Finally, by capitalising on its extensive mining experience and expertise, South Africa can position itself as a knowledge hub within BRICS, fostering collaboration and knowledge exchange among member nations.

By strategically leveraging its mineral resources, fostering skills development across BRICS, and embracing technological advancements, South Africa has the potential to become a key player within the alliance. This, in turn, can contribute to the broader BRICS goals of economic collaboration, shared prosperity, and the responsible development of the natural resource sector.

Managing the uncertainty of the US factor

The growing influence of BRICS within the global order presents a nuanced dynamic for South Africa's relationship with the US. While some may perceive BRICS as a potential challenge to US dominance, South Africa can navigate this complex terrain by strategically emphasising its commitment to responsible mining practices and fostering mutually beneficial trade partnerships with both blocs.

By prioritising environmental sustainability, ethical labour practices, and adherence to international standards within its mining sector, South Africa can alleviate US concerns regarding potential negative impacts of BRICS engagement. This approach fosters trust and cooperation with the US while demonstrating a commitment to responsible global citizenship.

Furthermore, South Africa can actively pursue diversified trade relationships with both BRICS and the US. This balanced approach will allow South Africa to leverage the economic opportunities presented on all sides, maximising its access to global markets and minimising dependence on any single economic power. By fostering strong economic ties with both BRICS and the US, South Africa can contribute to a more balanced and interconnected global economy while addressing the complexities of the changing geopolitical landscape.

India
Source: www.ndtv.com

Washington:

 US President Donald Trump has said that BRICS was created for a bad purpose and most people don't want it. He said that BRICS is dead and reiterated his threat to BRICS nations, saying he would impose a 100 per cent tariff on the bloc if they try to replace the US dollar with any other currency.
While addressing a press briefing on Thursday (local time), he said that the US will not trade with BRICS nations if they want to "play games" and even if any trading is done, it will be conducted at a 100 per cent tariff.

Asked whether he wants to dismantle BRICS or be part of it, Trump responded, "I don't care, but BRICS was put there for a bad purpose and most of those people don't want it. They don't even want to talk about it now. They're afraid to talk about it because I told them if they want to play games with the dollar, then they're going to be hit with a 100 per cent tariff. The day they mention that they want to do it and they will come back and say we beg you, we beg you not to do this. BRICS is dead since I mentioned that. BRICS died the minute I mentioned that and I know I remember when Obama and Biden, in particular, I guess he said that oh, they have us over a barrel."

"They don't have us over a barrel. We have them over a barrel. If BRICS wants to play games, those countries won't trade with us. We won't trade with them and if any trading gets through it'll be a 100 per cent tariff at least. When they hear that, what do you think they're going to do? They're going to say look what happened to BRICS. They didn't want to talk about it. They don't they don't even want to admit that they were a member of BRICS. That's what's happened," he added.

Earlier in January, Trump threatened to impose tariffs on BRICS nations if they try to introduce alternative currency to the US Dollar.

In a post on Truth Social, Trump wrote, "The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and watch, is OVER. We are going to require a commitment from these seemingly hostile Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100 per cent Tariffs, and should expect to say goodbye to selling into the wonderful US Economy. They can go find another sucker Nation. There is no chance that BRICS will replace the US Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!"

Through this statement, Trump reiterated his position on de-dollarisation, warning that BRICS countries must commit to maintaining the US dollar's role in global trade or face economic consequences. During the signing ceremony at the Oval Office, Trump had directly warned BRICS countries against moving away from the dollar.

He also rejected the idea that the US was in a vulnerable position, referencing a statement from former President Joe Biden. Trump insisted that the US holds leverage over BRICS countries, stating: "It's not even a threat. In fact, since I made that statement, Biden said, they have us over a barrel. I said, No, we have them over a barrel. And there's no way they're going to be able to do that."
Trump had made similar warnings before assuming office as the US President, stating that BRICS nations would face 100 per cent tariffs on imports to the US if they launched a new currency.
During the plenary session of the 15th BRICS Summit in 2023, Russian President Vladimir Putin called for de-dollarisation, stating that "BRICS countries must expand settlements in national currencies and enhance cooperation between banks."

In June 2024, BRICS foreign ministers met in Russia's Nizhny Novgorod, where they advocated for the "enhanced use of local currencies in bilateral and multilateral trades and financial transactions between the member countries."

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Brazil
Source: www.gov.br

Details about BRICS, news items, economic data on the member countries, the activity calendar, and frequently asked questions (FAQ) about the group can be found on the BRICS Brazil website, launched this Tuesday, February 11. Available in Portuguese and English, the site serves as the official platform for sharing information about Brazil's Presidency of the group and can be accessed at https://brics.br.

The site also provides information about previous summits and documents that guide the discussions on strengthening cooperation among Global South countries. The website content is produced by the Social Communications Secretariat of the Brazilian Presidency (Secretaria de Comunicação Social da Presidência da República/SECOM/PR). Institutional texts are provided by the Brazilian Ministry of Foreign Affairs (Ministério das Relações Exteriores), while the site's structure was developed by the Brazilian Government’s Data Processing Service (Serviço Federal de Processamento de Dados/SERPRO).

Integrated communication strategy

In addition to the website, the communication strategy for BRICS Brasil works to produce news items and audiovisual materials, along with a team focused on covering the events scheduled for 2025, including ministerial meetings and technical seminars. The plan aligns with the priority given by the Brazilian Presidency to strengthening the institutional framework of BRICS.

Photographs from forum meetings will be available on Flickr: https://www.flickr.com/people/bricsbrasil/.
For institutional videos and downloadable images from the covered events, visit the forum's YouTube channel: https://www.youtube.com/@BricsBrasil2025.

What is the BRICS?

The BRICS is a group formed by eleven countries: Brasil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, and Iran. It serves as a political and diplomatic coordination forum for countries from the Global South and for coordination in the most diverse areas.

In addition to these nations, BRICS also includes nine partner countries: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan. Countries in this category may be invited to participate in discussions promoted by the mechanism, subject to the consensual approval of the member states.

Brazilian Presidency

Fostering discussions about cooperation for global health, inclusive global governance, artificial intelligence, financing to combat climate change, among others, Brasil has assumed the BRICS Presidency on January 1st, 2025. Under the theme “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”, the country has been acting on two main areas: Global South Cooperation and BRICS Partnerships for Social, Economic, and Environmental Development.
These agendas are reflected on six priorities: Cooperation for Global Health; Trade, Investments, and Finance; Climate Change; Artificial Intelligence Governance; Multilateral Architecture for Peace and Security; and Strengthening the Institutional Framework of the BRICS. Over 100 ministerial and technical meetings are scheduled to take place between February and July 2025 in Brasilia. The BRICS Leaders Summit is scheduled for July.