Video Interview with Chris Devonshire-Ellis The BRICS is expanding as new countries apply to join the economic grouping that is expected to change global financial and trade affairs in the coming years.
China has been rapidly developing its mutual ecommerce trade agreements by signing MoUs on e-commerce cooperation and establishing bilateral e-commerce cooperation mechanisms for cooperation in policy exchange, planning coordination, industry promotion, sub-national cooperation, capacity building and other fields with over 20 countries, according to MOFCOM.
All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion The G7’s $600 Billion Response To China’s Belt and Road Initiative Is Here. This Is How To Make Sure It Succeeds (Atlantic Council) The New Candidate Countries For BRICS Expansion (Silk Road Briefing) After The Party Congress,[…..]
If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population and in control of 60% of global gas reserves. By Chris Devonshire-Ellis The Russian Foreign Minister, Sergey Lavrov has stated that ‘over a dozen’ countries have formally applied[…..]
The European Bank for Reconstruction and Development (EBRD) is conducting a study on sustainable transport connections between Central Asia and Europe, funded by the European Commission. The study, which should be completed by summer 2023, aims to identify the most sustainable transport connections between Central Asian economies and the extended Trans-European Transport Network (TEN-T).
Algeria has reportedly filed an official application to join the BRICS group of major emerging economies. Algerian news website Al-Shouruk said the announcement came from Leila Zerrouki, the Foreign Ministry’s special envoy for international partnerships, speaking on state radio.
Tanzanian President Visits Beijing, Negotiates Loans Into Grants And Signs Off Additional Infrastructure Deals By Chris Devonshire-Ellis The overlooked, but important recent visit of the Tanzanian President, Samia Suluhu Hassan to Beijing on Thursday (November 3) has given clues as to how China intends to deal with at least some of the debts it has[…..]
All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion SCO-CHG: Why Are CPEC And BRI Crucial For Regional Connectivity? (CGTN) China Private Security Companies Making A BRI Killing (ANI) Finance “Global Bankers Are Very Pro-China” – UBS Investment Bank (China Briefing) Why Hong Kong Is Still[…..]
Will ultimately connect Kabul to Karachi and give Afghanistan Indian Ocean access By Chris Devonshire-Ellis President Xi Jinping has said China will continue to support Pakistan to help it stabilise its economy, as he hosted Pakistan’s new Prime Minister Shehbaz Sharif for discussions.
Such a move would cut transactional dependence from the West and usher in a new era of reliable business activity Russian Prime Minister Mikhail Mishustin has proposed setting up a joint payment network within the Shanghai Cooperation Organization (SCO) and has urged member states to speed up the transition to using national currencies in trade.