Category: BRICS

Louis Raymond BRICS member states have no plans to create a common currency but are actively discussing joint investment platforms to enhance economic cooperation, Kremlin spokesman Dmitry Peskov has stated. Speaking to journalists on Friday, Peskov addressed recent remarks by US President Donald Trump, who has threatened to hit the BRICS countries with tariffs should…

Francis Tuschek Saudi Arabia is still evaluating potential membership of BRICS, the Gulf nation’s minister of economy and planning, Faisal Al-Ibrahim, told Bloomberg in an interview on Monday. The economic bloc was established in 2009 by Brazil, Russia, India, and China, with South Africa joining two years later. Egypt, Ethiopia, Iran, and the United Arab…