BRICS News Digest for the previous week

Mulatu Teshome: Ethiopia would benefit from formal BRICS membership

According to the former Ethiopian president, the move will lead to increased investment and be a source of trade expansion

Ethiopia will benefit immensely from formally joining the BRICS co-operation mechanism as the move will lead to increased investment and be a source of increased trade and economic exchanges, according to former Ethiopian President Mulatu Teshome.

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Brazil to become the world’s ninth largest economy in 2023

The IMF predicts the country could become the eighth largest economy by 2026

With gross domestic product (GDP) growth of 3.1 per cent this year, Brazil is expected to rise two places to become the world’s ninth largest economy in 2023.

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Russian chess players became the best at the SCO tournament

Daniil Dubov, Maxim Matlakov and Anastasia Bodnaruk played for the Russian team

The Russian national team won the SCO chess tournament that ended the previous day.

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Trade volume between Russia and India exceeded over $40 billion in the first three quarters of this year

Countries aim for record trade volume this year

The volume of trade between Russia and India will reach a record high this year.

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Narendra Modi: India to learn to manage artificial intelligence

The Indian Prime Minister addressed the participants of the Smart India Hackathon initiative

Talking to the participants of the Smart India hackathon (SIH) grand finals on Tuesday, Prime Minister Narendra Modi said India is working towards creating international rules for AI.

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Mikhail Mishustin and Xi Jinping assessed the results of cooperation between Russia and China

Bilateral trade between China and Russia exceeded $200 billion in 11 months

Russian Prime Minister Mikhail Mishustin and Chinese President Xi Jinping met at the House of People’s Assemblies in Beijing.

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Many jobs have been created in South Africa in tourism and garment manufacturing

The Western Cape provincial government said that the tourism sector had managed to grow significantly since the pandemic

The latest figures show that 154,442 tourism jobs were created between 2021 and 2022, bringing the total number of jobs to 214,909.

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Vladimir Putin and Nicolas Maduro hold a telephone conversation

The leaders of Russia and Venezuela confirmed their interest in further cooperation

Russian President Vladimir Putin and his Venezuelan counterpart Nicolas Maduro held a telephone conversation. 

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