BRICS is building a more connected ecosystem for SMEs by improving access to finance, technology, international markets, and global supply chains. BRICS is advancing new initiatives to strengthen the participation of Micro, Small and Medium Enterprises (MSMEs) in international trade. The 2026 agenda focuses on improving access to trade finance, cross-border payments, technology, and international […]
The BRICS Fashion Summit demonstrates how BRICS-related business cooperation is expanding into creative industries and technology. With AI, investment and advanced manufacturing included in the programme, the event provides a platform for connecting emerging-market brands, investors and industry professionals. The BRICS Fashion Summit opens in Moscow today, bringing together international fashion, creative-industry and business representatives […]
China proposed establishing a BRICS AI Open Source Zone at the 2026 BRICS Summit to strengthen cooperation in large language models, AI training, and open-source technologies. The initiative expands BRICS cooperation in technology and supports its broader agenda in trade, investment, supply chains, and the digital economy. Chinese President Xi Jinping proposed the establishment of […]
China has publicly rejected the legitimacy of the unilateral sanctions referenced in the question, while stopping short of announcing a specific operational decision regarding the reported Iranian flights to Guangzhou and Shanghai. China has reaffirmed its opposition to unilateral sanctions following a U.S. warning over continued international services to Iranian airlines. During a regular Foreign […]
Saudi Arabia’s formal mBridge participation ended after completing a planned CBDC trial in May 2025, although the development only became widely public in September 2026. The move is significant because of mBridge’s potential role in reshaping cross-border settlement, but available evidence does not establish that Riyadh’s decision resulted from U.S. pressure. Saudi Arabia has ended […]
A reduction or removal of China’s 15% tariff on U.S. LNG could reopen an important energy trade route between the two countries and make energy a significant component of U.S.-China trade negotiations ahead of the Trump-Xi meeting. The United States and China are discussing a possible reduction or removal of China’s 15% tariff on U.S. […]
The New Delhi Declaration establishes the BRICS agenda beyond the 2026 India presidency, with particularly significant areas of cooperation around SMEs, AI, the digital economy, trade, supply chains, industrial cooperation and finance. Most importantly for 2027 planning, the declaration formally confirms China as the next BRICS chair and host of the 19th BRICS Summit in […]
The meetings show Iran using BRICS not only as a political platform but also to broaden economic partnerships, strengthen South–South cooperation and promote alternative financial channels. The key question now is whether this diplomatic activity will translate into concrete trade, investment and bilateral agreements. Iranian President Masoud Pezeshkian held a series of bilateral meetings on […]
The Xiamen event created a platform for BRICS countries to deepen investment and industrial cooperation in artificial intelligence, linking government institutions, investors and technology companies. BRICS countries strengthened cooperation in artificial intelligence and investment during a dedicated investment-matching event held in Xiamen, China, on September 9, 2026. The event brought together representatives from BRICS member […]
Britain has escalated pressure on the Israeli government by declaring the continued occupation of Palestinian territories unlawful and moving against trade linked to Israeli settlements. Israel has retaliated with diplomatic restrictions against Britain. The dispute represents another sign of widening tensions between the Israeli government and some of its traditional Western partners. The United Kingdom […]
Russia and India are expanding industrial cooperation through technology transfer, manufacturing partnerships and joint projects, creating new opportunities across strategic industries. Russian industrial companies are seeking to expand technology-transfer and manufacturing partnerships with India ahead of the 2026 BRICS Summit. Companies operating across aviation, energy, mining, nuclear technology, heavy industry and advanced technologies will showcase […]
The New Development Bank and the Government of India are focusing on risk-mitigation mechanisms and private-capital mobilization to support infrastructure and sustainable development projects. The New Development Bank (NDB) is advancing efforts to mobilize private capital for infrastructure and sustainable development projects across BRICS member countries. NDB and the Government of India convened a seminar […]
