BRICS News Digest for the previous week

BRICS Ministers of Foreign Affairs adopt joint statement following meeting in New Delhi

The document outlines the group’s common position on key global and regional issues

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The two-day meeting of the BRICS Ministers of Foreign Affairs in New Delhi concluded with the adoption of a joint statement.

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New Development Bank prepares Indian rupee bond issuance

Under the Bank’s strategy, the share of projects financed in national currencies is expected to exceed 45 per cent by 2031

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President of the New Development Bank (NDB) Dilma Rousseff, answering a question from a TV BRICS reporter, stated that the issuance of the Bank’s bonds in Indian rupees is now at the final stage.


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Brazil launches programme to reduce carbon footprint in construction

State, business and science join forces to create sustainable housing and schools

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A new programme for the decarbonisation of the construction sector has been launched in Brazil.

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Egypt strengthens position among Africa’s leading electricity producers

North African countries continue expanding power generation capacity through infrastructure upgrades

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Electricity generation remains a key driver of economic growth and industrial development across Africa.

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Zimbabwe seeks up to US$200 million in UAE investment for key sectors

The African country is focusing on renewable energy, manufacturing, mining, and agriculture

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Zimbabwe is seeking to attract up to US$200 million in investment from the United Arab Emirates (UAE) for the mining industry, renewable energy, and agriculture, according to Simba Makamadze, chairman of the Zimbabwe Business Council UAE.

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China to increase youth science research funding by over 50% in 2026

New investment programme aims to strengthen basic science and accelerate innovation capacity through 2030

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China is set to significantly expand financial support for young researchers in 2026 as part of a broader national strategy to strengthen scientific innovation and long-term research capacity, reports China Daily, a partner of TV BRICS.

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Indonesia to build 1,582 new fishing vessels by 2028 to modernise maritime industry

Fishing plays a vital role in the country’s economy

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Indonesia’s commercial fishing fleet is set to be modernised and expanded with 1,582 new fishing vessels by 2028.

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Ethiopia doubles power capacity to 9,752 MW as electricity access reaches 54%

Expansion of renewable energy and grid infrastructure strengthens the country’s ambition to become a regional energy hub

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Ethiopia has expanded its electricity sector over the past seven years, increasing installed generation capacity from 4,462 megawatts to 9,752 megawatts.

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India and South Africa deepen scientific cooperation through astronomy partnership

BRICS collaboration expands as researchers prepare joint telescope technology projects and upcoming astronomy meetings

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India and South Africa are strengthening bilateral scientific cooperation with a renewed focus on astronomy and space research, reports IANS, a partner of TV BRICS.

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Iran imports 100,000 tonnes of crops through cross-border farming programme

Agriculture minister says overseas cultivation strategy strengthens food security

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Iran has imported around 100,000 tonnes of agricultural products through its cross-border farming programme, according to Minister of Agriculture Gholamreza Nouri Ghezeljeh.

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