BRICS News Digest for the previous week
We tell you about what happened in economics, politics, culture, science and education in the countries of the association
Asian Infrastructure Investment Bank to provide funds to boost Brazil's development
The parties discussed long-term co-operation
The Asian Infrastructure Investment Bank (AIIB) is ready to provide a large amount of funds to stimulate Brazil's economic and social development.
Aide to Russian President Yury Ushakov: BRICS seeks to create a payment system on blockchain
It is planned that it will be comfortable for states, population and businesses
BRICS member countries will strive to create an independent payment system based on digital currencies and blockchain.
Participants of the World Youth Festival discuss the prospects for BRICS development
Speakers considered the potential of international cooperation between the countries of the association
The World Youth Festival (WYF) in the Krasnodar Region hosted a discussion entitled "BRICS: New Challenges in the Era of Global Development".
Investment in India's space startups are US$12 million in April-December 2023
The country has earned US$174 million for launching 424 foreign satellites since the 1990s
Investment in India's space startups exceeded 1 billion Indian rupees in the first nine months of the current fiscal year.
Chinese authorities outline main directions of economic development in 2024
GDP growth should reach 5 per cent
The 2nd session of the 14th convocation of the 14th National People's Congress (NPC, the highest legislative body) has opened in Beijing, the capital of China, which will last until 11 March.
South Africa to spend US$74 billion on education, sports, arts and culture over next three years
This is according to National Treasury documents presented alongside Finance Minister Enoch Godongwana
According to National Treasury documents, spending on basic education is set to increase significantly to R316,5 billion (US$16,6 billion) in 2024/25 and R331,2 billion (US$17,4 billion) in 2025/26.
Iran and Russia to create innovation centre
A special committee will determine spheres of cooperation in it
Iran and Russia will establish a joint innovation centre, Head of the Iranian Research Organization for Science and Technology Hassan Zamanian said.
UAE launches National Campaign for Cybersecurity
UAE educates citizens on cyber security and how to protect themselves from threats in online space
The campaign urges caution against becoming a victim of phishing and scams that use technology to trick users and compromise their personal information and data.
Saudi Arabia to host 2034 World Cup
It was the only bidder
The Saudi Arabian Football Federation has published on its website the official bid to host the 2034 FIFA World Cup in the country.
Russian Ambassador to Ethiopia Evgeny Terekhin: BRICS is always open to an equal dialogue aimed at looking for a balance of interests
He believes that the accession of new members, including Ethiopia, strengthens the strategic partnership of the association
BRICS co-operation promotes harmony and deeper integration in the world, Russian Ambassador to Ethiopia Yevgeny Terekhin said.
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Society03.09.26World-renowned international nuclear research centre to present its work on TV BRICS -
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Society01.09.26SCO leaders sign Bishkek Declaration -
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Society30.08.26BRICS News Digest for the previous week -
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Society29.08.26UAE archaeological discoveries shed new light on ancient human history -
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Society28.08.26Vietnam develops silver economy focused on older people -
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Society28.08.26BRICS countries adopt Chennai Declaration
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![Vladimir Putin]()
Vladimir PutinPresident of Russia"We are developing mutual trade, which is growing; it increased by over 12 per cent last year. We have a joint commission working in this sphere. Our focus is on agriculture, shipbuilding, information technology and energy, including nuclear power. We have signed a free trade agreement between the Eurasian Economic Union and Indonesia. Jakarta is our reliable and old friend within ASEAN. We are working together at all international platforms, including the UN" -
![Vladimir Putin]()
Vladimir PutinPresident of Russia"More and more Iranian students are choosing Russian education. We are very pleased about this. A great many future doctors are studying in Russia. In the 2025–2026 academic year, the number of Iranian students in Russia approached 10,000, with 802 of them studying at the expense of the Russian state budget" -
![Xi Jinping]()
Xi JinpingPresident of the People’s Republic of China"The foundation of our bilateral relations will only grow stronger, and we will confidently move forward to a better future. […] The striving of nations on our planet for peace, development, cooperation and mutual benefit remains unchanged. The vital mission of the Shanghai Cooperation Organisation is to maintain stability and promote the development of our region" -
![Alisher Salomov]()
Alisher SalomovAdviser to the Chairman of the National Committee for Ecology and Climate Change of the Republic of Uzbekistan"First and foremost, I would like to highlight the importance of this Central Asia–Russia initiative, because environmental problems know no borders, and only a shared understanding of these problems and the search for joint solutions can deliver positive results" -
![Joao Paulo Capobianco]()
Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification"
