The goal is not to compete with the dollar but to leverage the dynamism of emerging economies, Ambassador Saboia stated. In 2025, Brazil, which holds the presidency of the BRICS, will focus on promoting trade in local currencies among the bloc’s members. The goal is not to compete with the U.S. dollar but to leverage […]

Related: ALBA-TCP Celebrates Cuba and Bolivia’s Entry into BRICS While Advocating for Venezuela’s Inclusion In an event that marks a milestone in the integration of Latin America and the Caribbean, Cuba and Bolivia have formalized their accession to the BRICS group as partner countries, effective January 1, 2025. This announcement followed the BRICS summit in […]

Brazil officially took over the rotating presidency of the BRICS bloc (Brazil, Russia, India, China, and South Africa) on January 1st, ushering in a year focused on strengthening cooperation among nations of the Global South and pushing for a restructuring of the existing international order. The move, coming at a time of rising geopolitical tensions, […]

‘Integration into BRICS provides us with an opportunity to boost key sectors such as energy and technology,’ he said. On Wednesday, President Luis Arce announced Bolivia’s entry into BRICS as an “associate state” and stressed that this decision provides his country with prospects for economic development. RELATED: Thailand to Join BRICS as an Associate State […]

On January 1, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Uganda, and Uzbekistan will also join the group. Starting January 1, 2025, Thailand will join as an associate state in the group of emerging economies led by Brazil, Russia, India, China, and South Africa (BRICS). RELATED: BRICS Countries Respond to Trump’s Threats on Tariffs and Alternative […]

This Alliance is a space where solidarity prevails over profit, Venezuelan President Maduro pointed out. Through solidarity, the Bolivarian Alliance for the Peoples of Our America – Peoples’ Trade Treaty (ALBA-TCP) has solidified cooperation projects in key areas such as education, health, and the economy, while strengthening its commitment to regional integration and multilateralism for […]

In addition to the NDB, Preksin mentioned the existence of the Contingent Currency Reserve Fund, designed to stabilize the exchange rate between the currencies of BRICS countries. These achievements reflect the bloc’s commitment to economic and financial cooperation despite external pressures. Related: Trump’s Tariff Threats Spark Chaos With U.S. Trading Partners On November 30, the […]

Brazilian presidential advisor Amorim behaves like a messenger of the U.S. imperialism, the Bolivarian diplomacy noted. On Wednesday, Venezuela’s Ministry of Foreign Affairs summoned the Acting Head of Mission of the Federative Republic of Brazil to express its rejection of the “repeated interference” from the Brazilian government. RELATED: Venezuelan Minister Criticizes Brazil’s BRICS Membership Block […]

President Nicolás Maduro also voiced his opinion upon returning from the BRICS summit in Russia, asserting that “no one will block or silence Venezuela.” Related: ALBA-TCP Celebrates Cuba and Bolivia’s Entry into BRICS While Advocating for Venezuela’s Inclusion Venezuelan Interior and Justice Minister Diosdado Cabello stated on Monday that Brazil’s decision to block Venezuela’s entry […]

On Saturday night, the Venezuelan head of state Nicolas Maduro arrived at the International Airport Simon Bolivar, in the Guaira state, after his attendance to BRICS Summit in Russia, rated by Maduro like “stellar, exemplary and beautiful”. RELATED: Strengthening Ties: Maduro’s Diplomatic Visit to Algeria Venezuelan president emphasized at his arrived that his participation “fully […]