BRICS News Digest for the previous week



BRICS News Digest for the previous week

We tell you about what happened in economics, politics, culture, science and education in the countries of the association

Russia invites BRICS countries to discuss co-operation on lunar exploration

Several agreements in this area have already been concluded with China

The Russian side offers BRICS member countries to discuss joint research of the Moon.

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Brazil’s National Bank for Economic and Social Development increases payments to companies by 22%

The estimated results of the institution’s activities for the first quarter were presented

Brazil’s National Bank for Economic and Social Development (BNDES) disbursements are expected to increase by 22 per cent in the first quarter of 2024, analysts said.

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Lavrov announces talks between Russian and Chinese leaders on margins of SCO and BRICS summits

Russian Foreign Minister spoke at a press conference on the results of his visit to Beijing

Russian and Chinese leaders Vladimir Putin and Xi Jinping will hold meetings on the margins of the Shanghai Cooperation Organisation (SCO) summit in June and on the margins of the BRICS summit in October 2024.

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UN: India remains attractive investment destination for multinationals

The South Asian nation is seen as an alternative manufacturing base

India is a priority for investment by multinationals.

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South Africa’s Minister of Water and Sanitation calls on private companies to co-operate on infrastructure projects

His department has taken measures to simplify bureaucratic procedures

South Africa’s Minister of Water and Sanitation Senzo Mchunu has called on the country’s private sector to co-operate with his department to speed up the implementation of multi-billion dollar infrastructure projects.

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Egypt’s private sector workers to get minimum wage increase

The law will come into effect in May

Egypt’s National Wages Council (NWC) announced a significant increase in the minimum wage to EGP 6,000 (US$126), effective from May 2024.

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Iran’s Foreign Ministry states paramount importance of co-operation with countries of global South

The republic attaches great importance to co-operation with regional and multilateral associations

Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari said his country attaches paramount importance to expanding economic cooperation with countries of the global south.

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UAE authorities approve housing benefits for more than 1,500 Abu Dhabi residents

They will be provided with loans, ready-made houses and land subsidies

UAE authorities have approved the payment of the first package of housing benefits to Abu Dhabi residents in 2024.

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Ethiopian ambassador urges Indian companies to invest in African country

He was speaking at the 6th Global Business Leaders Forum in Mumbai

Ethiopia’s Ambassador to India Demeke Atnafu has invited investors from the South Asian country to participate in Ethiopian projects.

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