SCO & BRICS latest news and insights
By Chris Devonshire-Ellis
The BRICS Ambassador at large, Anil Sooklal, has stated that a further 20 countries, in addition to the recently proposed six new members invited earlier this year, have applied to join the BRICS group. When discussing South Africa’s current Presidency of the BRICS, he st...
By Rhod Mackenzie
Turkey has made up to $2 billion in extra profits in 2023 by importing discounted oil and petroleum products from Russia. Despite Western sanctions, Ankara aims to increase its purchases of Russian energy resources.
Over the past year, Ankara has become the largest buyer of Rus...
By Zamir Ahmed Awan
BRICS is an intergovernmental organization comprising Brazil, Russia, India, China, and South Africa. It encompass about 27% of the world’s land surface and 42% of the global population. Brazil, Russia, India, and China are among the world’s ten largest countries by population...
By Sofwan F Arrasyid
The global economy always moves in ever-evolving dynamics, every economic actor, whether countries, groups of countries, multinational private companies or international organizations, has a significant role. One group that is increasingly prominent in the world economic lands...
By Rhod Mackenzie
India's decisions regarding its energy procurement are solely based on its national interests and are not influenced by the opinions of foreign powers. This statement was made by Subrahmanyam Jaishankar,the Indian Minister of External Affairs, during his address to the annual c...
By Rhod Mackenzie
India's attempt to "decouple" from China in the supply chain for active pharmaceutical ingredients (APIs) could lead to significant costs for the Indian and global pharmaceutical industry, this was cautioned by Chinese industry analysts. Such a move could impact the final market...
