BRICS News Digest for the previous week

Xi Jinping: green and low-carbon transition – trend of our time

Xi Jinping made this statement at the UN Climate Summit

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President of the People’s Republic of China Xi Jinping delivered a video address at a special event held during the High-Level Week of the 80th session of the United Nations General Assembly.

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Iran-Russia trade surges 35% following free trade agreement

The deepening of economic integration with the EAEU would offer Iran greater access to regional markets

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Trade between Russia and Iran has risen by 35 per cent between May and July 2025 following the provisional implementation of a free trade agreement with the Eurasian Economic Union (EAEU).

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Russia and Ethiopia sign action plan on nuclear power plant construction in African republic

The parties agreed to strengthen strategic partnership

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President of Russia Vladimir Putin met with Prime Minister of Ethiopia Abiy Ahmed

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Indonesian Foreign Minister: G20 to become driving force that restores trust in multilateral system

The G20 countries reaffirmed the central role of the UN in addressing global economic and social challenges

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During the UN General Assembly High-Level Week, a meeting of Foreign Ministers of the Group of Twenty (G20) was held.

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India adds 7 natural wonders to UNESCO’s Tentative World Heritage List

New geological sites highlight Earth’s history and strengthen India’s global heritage profile

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India has secured a milestone in global heritage preservation with the addition of seven natural sites to UNESCO’s Tentative List of World Heritage Sites.

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Russia leases Egyptian land for 49 years to create industrial zone

Russian companies can gain duty-free access to African markets

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Russia has leased a plot of land from Egypt for 49 years to establish the Russian Industrial Zone in the Suez Canal area.

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UAE sets target of over 2 million startups by 2031

Minister of Economy outlines plan to boost entrepreneurship

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The UAE aims to expand its entrepreneurial ecosystem by increasing the number of startups to more than 2 million by 2031.

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Indonesian authorities to create blue carbon reserves

One province also plans to create carbon-neutral islands

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The Indonesian Ministry of Maritime Affairs and Fisheries is preparing 17 areas for the creation of national strategic blue carbon reserves – ecosystems such as mangrove forests, seaweed and tidal swamps that can accumulate and store carbon.

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