Expanded BRICS summit designed to strengthen grouping's global influence — expert

BRICS SummitExpanded BRICS summit designed to strengthen grouping's global influence — expert The upcoming BRICS summit in New Delhi on September 12-13 will become a key stage in transforming the association into a real force for global developmentNEW DELHI, September 8. /TASS/. The upcoming BRICS summit in New Delhi on September 12-13 will become a key stage in the institutional consolidation of the expanded composition of the grouping and its transformation into a real force for global development, Indian expert in international relations Malika Pandey told TASS. "I expect the New Delhi summit to be less about one dramatic announcement and more about giving institutional shape to the expanded BRICS," she said. "The summit should advance a BRICS that is not merely an alternative voice but an alternative capacity in finance, trade, technology and development. The significance of BRICS will not lie in how effectively it contests the old order, but in how convincingly it builds additional choices beyond it," the expert added. She noted that "the grouping already represents 49.5% of the world's population, around 40% of global GDP and 26% of global trade, while intra-BRICS merchandise trade has risen thirteen-fold from $84 billion in 2003 to $1.17 trillion in 2024." "The economic weight is already there; the real question is whether BRICS can convert weight into leverage. You cannot indefinitely run a twenty-first-century global economy through a twentieth-century distribution of institutional power," she told TASS. Pandey identified four main areas where practical results should be expected, namely "deeper development financing through the New Development Bank; progress on national-currency and cross-border payment mechanisms; resilient supply chains and greater intra-BRICS trade; and cooperation in AI, technology, energy and critical infrastructure." As examples of successful integration, the expert noted the coordination of "the Jaipur Consensus, guiding principles to improve MSME access to credit, a 2026-30 Global Value Chains Action Plan, principles for digitally delivered services, and progress towards a BRICS Economic Partnership Strategy 2030." The expert paid special attention to energy security, pointing to the need for closer coordination among BRICS countries as the largest producers and consumers of energy resources against the backdrop of geopolitical instability. "Because BRICS brings major energy producers and consumers into the same framework, it could examine long-term supply arrangements, strategic reserves, local-currency energy trade and other mechanisms to reduce exposure to extreme price volatility," she noted. TagsBRICS summitStrait of Hormuz developmentsSeven vessels pass through Strait of Hormuz on September 7 — mediaAccording to a report by Reuters, traffic through the strait declined after Iran threatened to retaliate against any new US attacksRead moreFormer F1 head Bernie Ecclestone arrested in Portugal for illegal arms possessionThe incident took place near LisbonRead moreRussia could account for over 30% of global uranium supplies by 2040 — FTAccording to the report, Western countries are unable to meet demand due to a lack of investment and delays in issuing permits for the development of new depositsRead moreRussia takes control of more than 100 sq km of territory in special op over week — expertAndrey Marochko said that Russian forces took control of 15 settlements last weekRead moreAfrican Union prepares action plan to prevent conflicts on continentThe plan’s key objectives include improving the effectiveness of the early warning and crisis response system, strengthening the role of the AU Peace and Security Council, enhancing cooperation with regional organizations and securing sustainable funding for peacekeeping initiativesRead moreMerz says party's defeat in Saxony-Anhalt vote no reason to resign as German chancellorThe German chancellor explained that he sees it as his duty, as well as the federal government's, to "open up opportunities for the next generation"Read moreRisk of large-scale conflict, NATO’s ‘confession’: SVR statementsSVR Director Sergey Naryshkin noted that NATO was interested in prolonging the Ukrainian conflict to limit Russia’s potentialRead moreWildfire smoke causes nearly 100,000 excess deaths a year — UNThe bulletin’s authors note that "extreme fire-smoke events have tripled globally since the 1990s"Read moreRussian stock market closes with major indices upBCS World of Investments expects the MOEX Index to consolidate within the 2,230-2,270 point range on TuesdayRead moreAndreeva ousts Austria’s Potapova at US Open, books spot in quarterfinalsThe Russian is now set to face off in the quarterfinals against the winner of another Round 4 match between Iva Jovic from the United States (14th-seed) and her compatriot Coco Gauff (4th-seed)Read moreUS midterms unlikely to improve Congress’s attitude toward Russia — former lawmakerAccording to Dennis Kucinich, the elections will most likely strengthen the Democrats’ positionRead moreEU preparing special observers to 'secretly monitor' State Duma elections, Lavrov saysThe Russian foreign minister also recalled the 2025 elections in RomaniaRead moreYemeni authorities intend to regain control over capital city of Sana — TVAl Jazeera cited an aide to the Yemeni defense minister as saying that "a decision has been made to liberate Sana." No further details were providedRead moreRussia’s Northern Fleet frigate conducts training launch of Oniks missile in Barents SeaThe ministry specified that the target was over 300 km away from the shipRead moreRussian diplomats doing everything to help families of those missing in Nepal — MFAMaria Zakharova says embassy officials are in direct contact with the relatives of the missing and with the Nepalese governmentRead moreNornickel, BELAZ agree to establish joint ventureThe companies are ramping up cooperation on the joint development of underground mining equipment, with the first units of machinery already undergoing trials at Norilsk minesRead moreRussian forces strike two Ukrainian army’s logistics centers in Odessa RegionAccording to the ministry, Geran-4 Seeker drones have state-of-the-art electronic guidance system that makes it possible for the drone to independently adjust its trajectory before hitting a targetRead moreThree-day moratorium on strikes on Kiev expiresThe moratorium was introduced in connection with US negotiators’ visit to UkraineRead moreIt’s impossible to monitor moratorium on strikes against ships in the Black Sea — Lavrov"Officials begin to say that they will not survive the winter, that something needs to be done," the russian foreign minister said Read moreProgress MS-33 ends its 6-month mission — RoscosmosAccording to the statement, the unburned structural components fell into a non-navigable area of the Pacific OceanRead moreNorway's military buildup requires Russia take additional measures — KremlinDmitry Peskov said the Russian Defense Ministry, as well as other relevant services, are dealing with thisRead morePolish military reports scrambling aircraft over Russian activity in UkraineAccording to the statement, these actions are "of a preventive nature"Read moreUkrainian troops use Hornet drone in today’s attack on central DonetskThe Kiev regime attacked a traffic areaRead moreRussia’s Su-57 fighter proves superiority in real combat — Rosoboronexport"Its acquisition will enable the partner country’s air force to secure a long-term strategic advantage in the region and significantly strengthen its own defense capabilities," Alexander Mikheyev saidRead moreUkraine’s prosecutor general tenders resignationRuslan Kravchenko said this was a political decisionRead moreAt least two killed in Houthi missile attack on refugee camp — TVAccording to a report by Al Hadath, several people more were woundedRead morePrime ministers of Russia, DPRK open road bridge across Tumannaya River via video linkThe ceremony marking the completion of construction of the bridge on the border with the DPRK is taking place on MondayRead moreAfD leader links party's victory in Saxony-Anhalt to dissatisfaction with aid to UkraineAccording to Tino Chrupalla, this policy has contributed to "the current economic situation in the country"Read moreMerz acknowledges his party suffered 'dramatic defeat' in Saxony-Anhalt electionThe Alternative for Germany party pursues the goal of "completely destroying the CDU," and so "no cooperation at all can be maintained" with it, Friedrich Merz saidRead moreIranian delegation to take part in UN General Assembly if US grants entry visas — diplomatForeign Ministry Spokesman Esmaeil Baghaei noted that Tehran intended to clarify Iran's position on pressing issues at the UN General Assembly meetingRead moreCitizen of Moldova detained in Russia for an assassination attempt on serviceman — FSBThe FSB reported that Nicolae Cochu was recruited by Ukrainian special services in 2025 via a foreign social networkRead moreBRICS focused on integrating new members, partner countries following major expansionCooperation spans 35 areas at the level of ministers and heads of agenciesRead moreWest, Ukraine obsessed with destabilizing Russia — senior diplomatSergey Ryabkov said he "would not expect any political miracles" from the upcoming BRICS summitRead moreHigh time for Ukraine peace deal — US Congresswoman LunaAnna Paulina Luna said the peace deal will be a good thing for AmericansRead moreProgress MS-33 cargo spacecraft undocks from ISSThe spacecraft was launched from Baikonur in March, carrying approximately 2.5 metric tons of supplies to the ISSRead moreMorocco reports deportation of some 1,500 illegal migrants seeking to reach CeutaYoung Moroccans, minors too, account for the overwhelming number of those expelled, Hespress reportedRead moreExternal power supply to Zaporozhye NPP restored — Rosatom CEOAlexey Likhachev thanked all agencies and ministries that facilitated the ceasefire needed to conduct repair worksRead moreSCO declaration omits Ukraine conflict, addresses nuclear disarmamentSCO countries voiced "deep concern over developments in the Middle East" and backed a diplomatic settlementRead moreRussia not banking on prolonged Strait of Hormuz crisis — envoyBoris Titov said the crisis surrounding the Strait of Hormuz could end just as quickly as it beganRead moreTrump's approval rating falls to record low — Financial Times pollAccording to the study, only 33% of respondents supported Trump's current political course, compared to 35% a month earlierRead moreDPRK defense minister describes military cooperation by South Korea, US, Japan as threatKim Song-gi pointed to the Freedom Edge exercises, which the United States, the Republic of Korea and Japan have been conducting since September 7Read moreUS redirects 94 vessels since resuming naval blockade of IranCENTCOM forces also disabled three and boarded two shipsRead moreIN BRIEF: Production, loading complex in Izmail, patrol boat hit in Russian strikesIn the port of Izmail, a production and loading complex was struck, which was used for unloading military cargo delivered to Kiev by Western countries from vesselsRead moreCrisis around Iran impacts global economy and prices — ErdoganThe Turkish President said that oil prices had hit historic highsRead moreProspects for trilateral negotiations on Ukraine, visit of US emissaries: Kremlin briefingDmitry Peskov said that Moscow has no information regarding the results of the contacts between US negotiators Steve Witkoff and Jared Kushner with the Kiev regimeRead moreUS military sinks vessel supporting drug cartel in PacificAccording to the Southern Command, the US will hand over people on board to Ecuadorian authoritiesRead moreNetanyahu says Israel’s top priority is to topple Iranian regimeAccording to the Israeli prime minister, Iran is today "weaker than ever before" and is "fighting for its life"Read moreSituation around Iran is most pressing political issue for BRICS, says Russian diplomatSergey Ryabkov explained that there are countries within the organization that "take a sharply critical stance toward what Tehran is doing and has been doing recently"Read morePress review: US may revive Russia-Ukraine talks as Dutch push on frozen assets growsTop stories from the Russian press on Monday, August 7thRead moreRussia to ease visa rules, upgrade infrastructure to boost Far East tourismThe strategy also outlines plans to modernize regional airports, expand flight networks, improve road infrastructure, and upgrade port facilities to support cruise tourismRead moreSome 1,700 Ukrainian troops encircled in Kharkov Region — Russia’s top brassOver the past 24 hours, the enemy lost up to 40 troops, an armored combat vehicle, two pickup trucks and three quadsRead moreRussian Post to receive anti-drone guns — documentEmployees’ duties, including guarding post offices and escorting cash shipments, determine both the types of weapons issued and the ammunition allocated for proficiency trainingRead moreRescue operation in wake of deadly Bezengi avalanche on hold until tomorrow’s dawnAccording to the Emergencies Ministry’s department in the region, 46 people are at the ready at the Bezengi alpine campRead moreEU’s executive arm approves Kiev’s request for Patriot interceptors — portalSources told Hromadske that Kiev would use funds from the EU €90 billion loanRead moreUkrainian forces shell DPR settlements 53 times over past dayFourteen civilians were injuredRead moreRussia plans to launch serial production of domestic aircraft in Far EastThe strategy envisions defining parameters for developing a domestic long-haul aircraft and setting up its assembly lines in the Far EastRead moreRussian government approves Far East development strategy with outlook to 2036Prime Minister Mikhail Mishustin emphasized the critical importance of strengthening cooperation with friendly nationsRead moreReports indicate injuries in drone attack on SaratovCivilian infrastructure has been damagedRead moreECHR takes up Russian figure skater’s complaint over banIn 2024, the Court of Arbitration for Sport banned Kamila Valieva for four years for an anti-doping rule violationRead moreZelensky wants prolonged conflict to maintain power, enrich himself, says PhilippotThe leader of France's The Patriots party expressed confidence that Paris must stop fueling corruption in UkraineRead moreZaporozhye NPP wants to restore its second power line to enhance its nuclear safetyAccording to the statement, it is also necessary to ensure regular fuel supplies for backup diesel generatorsRead moreRussian diplomat notes EU’s cynical attempts to present itself as 'force for good'Russian Foreign Ministry Spokeswoman Maria Zakharova drew attention to the steadily growing level of intolerance in the EU, the increasing incidence of racism, and the spread of hate speechRead moreLavrov compares the West to 'a wounded beast that is becoming far more dangerous'The Russian foreign minister pointed out that there can be no artificial preservation of Western dominance, which has lasted for over 500 yearsRead morePutin orders three-day suspension of strikes on Kiev starting at midnight — KremlinThe Ukrainian army would observe a ceasefire from midnight on September 5 through September 8Read morePutin, Aliyev agree by telephone to intensify Moscow-Baku contactsThe Kremlin press service reported that the heads of state "discussed a number of pressing issues"Read moreLavrov, Saudi foreign minister to hold talks in MoscowThe sides are expected to reaffirm their positions on the inadmissibility of a return to escalation in the Persian Gulf regionRead moreRussian forces tighten Ukrainian encirclement in Volchansk — security forcesOver the past week, more than 20 pieces of enemy equipment, including armored vehicles, have been destroyed during attempts to break through the encirclement, security officials addedRead moreFACTBOX: What we know about deadly avalanche in Russia’s Kabardino-BalkariaAccording to the latest reports, 11 people were killedRead moreRussian tennis chief gives Andreeva vote of confidence ahead of US Open match vs PotapovaShamil Tarpishchev said that Mirra Andreeva is the favorite to win her upcoming matchRead moreUK to announce ban on trade with Israeli settlements — mediaAccording to a report by The Telegraph, the restrictions will be introduced despite criticism from the US administration and some members of the Labour PartyRead moreBRICS relevance now clear to everyday people in Russia — deputy foreign ministerAccording to Sergey Ryabkov, the bloc has already become part of the public discourse and an element of everyday lifeRead moreClosure of German Consulate General in St. Petersburg, Goethe centers: Russia’s responseThe head of the German diplomatic mission received corresponding notes, the Russian Foreign Ministry saidRead moreWest wants ceasefire in Ukraine only to prepare for new escalation — Russian diplomatRussia will not agree to this, Rodion Miroshnik notedRead moreLavrov comments on West’s attempts to spoil elections and robbery of Russian assetsThe foreign minister stressed that Russia is not prepared to enter into agreements that fail to ensure a balance of interestsRead moreDeath toll from Israeli attacks on Lebanon exceeds 4,380 - health ministryAccording to the country’s ministry, Israeli warplanes are still seen in Lebanon’s airspaceRead moreRussian diplomat sees EU weaponizing human rights issue to put pressure on MoscowMaria Zakharova said what struck her most in the EU’s 2025 Annual Human Rights Report was "an excerpt on how the EU describes its own policy toward Russia"Read moreWitkoff states 'substantive progress' in Ukraine settlement negotiationsThe US special presidential envoy said it includes scheduling additional trilateral talksRead moreAlrosa transfers largest gem-quality diamond in Russian history to state repositoryRussian diamond miner Alrosa recovered the 468.30-carat crystal, which measures 56x54x22 millimeters and features a unique fancy amber colorRead moreCuba incurs almost $9 bln in damage from US blockade in one year — top diplomatAccording to Bruno Rodriguez Parrilla, the current figure is a "record high, exceeding the one cited in the previous report by 7%"Read moreGerman chancellor pledges to maintain tough Russia policy after Saxony-Anhalt electionFriedrich Merz also pledged to continue supporting UkraineRead moreBridge on DPRK border to boost cooperation — Russian prime ministerMikhail Mishustin added that the bridge was constructed in a very short timeframeRead moreIranian forces strike US warships with ballistic missiles — IRGCAccording to the statement, the damaged US warships were forced to withdraw from the combat areaRead moreRussia approves agreement on peaceful cooperation in space with SerbiaAmong other fields, potential cooperation includes outer space exploration, space medicine, remote Earth sensing, satellite systems, space meteorology, and manned space flightsRead moreRefusal to negotiate with Russia West’s biggest mistake — UK columnistOwen Matthews says Europe has no concrete plan to help KievRead moreAlternative for Germany wins Saxony-Anhalt election with record 43.8%This is the AfD's best-ever result in any German state, doubling its share of the vote from the previous state election five years agoRead morePress review: Germany, France and UK boost missile ties as China challenges US in MideastTop stories from the Russian press on Friday, August 4thRead moreNearly 90% of Germans dissatisfied with government — pollAccording to data collected by Infratest dimap, among dissatisfied respondents, 63% were most unhappy with the Christian DemocratsRead moreUkrainian troops adopt defensive posture in many sectors of special op — expertAndrey Marochko said that Ukrainian armed formations had practically abandoned the use of heavy armored vehiclesRead moreUkraine’s prosecutor general on Russia’s wanted list againRuslan Kravchenko submitted his resignation on MondayRead moreRussia competes at int’l level in 39 sports events on Olympic program — deputy PMDmitry Chernyshenko added that Russian athletes already participate in international tournaments under the national flag and the country’s anthem in 23 various sports competitionsRead moreSaudi Aramco oil facility in Jizan hit in strike — Financial TimesAccording to the sources, the damage is currently being assessedRead moreBelgian football authorities against FIFA chief Infantino running for another termAccording to the statement, the Royal Belgian Football Association’s decision is based on two fundamental principles that FIFA has not yet disclosed Read moreNorway deploys artillery battalion on border with Russia — ambassadorNorway has deployed an artillery battalion consisting of four K9 self-propelled howitzers manufactured by the Republic of Korea, with a firing range of up to 40 km, Nikolay Korchunov saidRead moreSeven vessels pass through Strait of Hormuz on September 7 — mediaAccording to a report by Reuters, traffic through the strait declined after Iran threatened to retaliate against any new US attacksRead moreRussia orders closure of German consulate general in St. Petersburg — statementAll its employees should leave the Russian Federation no later than September 18, 2026Read more81st UN General Assembly session opens in New YorkHigh-level general debate, attended by heads of state and government and foreign ministers, is traditionally the centerpiece of its opening monthRead moreFinland finishes building fence on border with RussiaThe project launched in 2024 cost an estimated €365 million, according to the border guard of the Nordic countryRead moreRosoboronexport building aircraft, air defense systems maintenance facilities in AfricaCEO Alexander Mikheyev said that Rosoboronexport has extensive experience in building service and repair centers for Russian products on customers’ territoriesRead moreOman evacuates crew members of Saudi tanker attacked in Hormuz StraitONA reported that there were 25 people on board the tanker, with two crew members killed in the attackRead moreZelensky mistaken about chances of stopping Russia — mediaOwen Matthews, a columnist for The Spectator, argued that as winter approaches, Ukraine is about to run out of "not only Patriot missiles and men for the front lines, but money to fight on"Read moreThousands attend funeral of ex-Bosnian Serb military leader Mladic in BelgradeRatko Mladic’s son Darko thanked everybody who took part in the ceremonyRead more