BRICS News Digest for the previous week

Leaders of Central Asian countries and Russia adopt joint action plan until 2027

At the regional summit, the countries and the Russian Federation proposed uniting transport corridors into a single network

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The second Russia – Central Asia Summit took place in Dushanbe. 

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Russia aims to double trade with African nations by 2030

Moscow has plans to expand exports beyond food and energy, investing in industrial goods, technology, and infrastructure

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Russia plans to double its trade with African countries by 2030, focusing on supplying industrial goods, machinery, and transport equipment, as well as providing expertise and technologies in different areas.

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India becomes world’s third-largest solar energy producer

By 2031, the country plans to produce 5 million tons per year

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India has emerged as the world’s third-largest solar energy producer, with an installed capacity of approximately 125 gigawatts (GW).

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Ethiopia records all-time high export earnings of US$8.3 billion

Agriculture, industry and fiscal discipline drive Ethiopia’s strongest-ever foreign trade performance

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Ethiopia earned a record US$8.3 billion in export revenues during the 2024/25 fiscal year, marking the country’s highest-ever foreign trade income.

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Indonesia launches five-year plan to boost national productivity

Jakarta unveils a comprehensive blueprint to drive innovation, enhance competitiveness, and create higher-quality jobs

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The Indonesian government has launched its National Productivity Master Plan (MPPN) 2025–2029, a five-year strategy designed to accelerate innovation, strengthen industrial competitiveness, and improve living standards through sustained productivity growth. 

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Iran to build eight nuclear power plants with Russian cooperation

Five plants are planned in Hormozgan Province, with a combined capacity of 5,000 megawatts

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Iran’s Atomic Energy Organization has confirmed that plans for the construction of eight new nuclear power plants with Russian cooperation remain on the agenda.

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CIS leaders approve creation of CIS+ format to expand partnerships

Heads of state also support closer ties between the CIS and the SCO

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Leaders of the Commonwealth of Independent States (CIS), at a meeting of the Council of Heads of State, approved the establishment of the CIS+ format to enhance cooperation with other countries and associations.

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Brazil to present global initiative on carbon market integration at COP30

The project aims to accelerate the decarbonisation of the economy

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Brazil intends to present the Open Coalition for Carbon Market Integration project at the 30th UN Climate Change Conference (COP30).

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China and India resume air services this month to support tourism and trade

Both sides agree to simplify visa procedures and finalise new air services deal

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China and India are set to resume direct passenger flights before the end of October.

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