... certain niches, particularly in agriculture and energy. This could add a new depth to bilateral relations and become their hallmark for years to come, especially amid the uncertain outlook for Russian arms exports to Indonesia and the dynamics within BRICS.
Since the beginning of the special military operation, discussions on Russian–Indonesian relations have largely centered around three main topics. The first concerns the overall prospects for developing diplomatic dialogue, given the sanctions pressure on Russia and Indonesia’s peace plan for resolving the Ukraine crisis. The second is about the future of military-technical cooperation after Prabowo Subianto, Indonesia’s former Defense Minister, took office as president, especially ...
... cybersecurity, compatibility of technologies, standards and protocols for digital currency circulation, as well as legal regulation of multiplatform systems at the international level.
BRICS development horizons
Ivan Timofeev:
Financial Settlements Within the BRICS Framework: Moving Forward, Despite Problems
A comprehensive analysis of the causes and consequences of the sanctions on Russia spawns more questions than answers. Nevertheless, the problem of Russia’s international financial isolation is only a special case in the generally dysfunctional global financial system. The fundamental flaw of today’s currency ...
... important area is in professional training, particularly in in transport policy and various aspects of transportation and logistics. BRICS University needs to formulate special programs for bachelor’s, master’s and PhD candidates. Additionally, short courses ... ... unbalanced in favor of Russia and concerted efforts need to be made to correct this imbalance. For example, when the US tightened sanctions against Russia in November 2023, this had an immediate impact on Sovcomflot tankers. Some of these tankers spent several ...
... “BRICS: New Figures at the Global Chessboard.”
During the special session, the experts discussed ways for BRICS to build relations with the rest of the world in the new international landscape. In particular, they addressed matters pertaining to Western sanctions that cause new risks for economic and financial cooperation among BRICS nations and their business communities. The speakers also discussed the impact of unilateral restrictions on directions for BRICS development, which offer opportunities besides posing threats (e.g. the establishment of new BRICS-based financial ...
... surprisingly, the Chinese private sector is getting increasingly concerned about the scope of the likely negative impact that secondary sanctions might have on their business prospects. After the European Union had introduced its 12
th
package of restrictive measures ... ... historic highs. On the other hand, 2024 also offers a number of opportunities that should not be overlooked. It is the year for BRICS to properly digest and absorb its recent enlargement, and Russia will have to manage the process chairing the club and hosting ...
... international relations—in a turbulent world, one should think about risk control and at least consider the possibility of diversifying financial transactions. Moreover, in recent years the US weaponization of the dollar through the use of financial sanctions has been gaining momentum.
The BRICS clearly distinguishes a group of countries for which the issue of financial settlements is directly related to national security. First and foremost, this relates to Russia, against which a significant amount of financial and trade sanctions have ...
... India via personal contacts at the highest political level such as annual summits and within the multilateral fora such as G20, BRICS, and SCO.
Another instrument to address the risk of growing political gap between Russia and India is to reinvigorate economic ... ....ru/armiya-i-opk/6381736
4
. India inks over $3 billion deal with Russia for nuclear submarine despite the treatment of U.S. sanctions // The Times of India. March 8, 2019. URL:
https://timesofindia.indiatimes.com/india/india-inks-over-3-billion-deal-with-russia-for-nuclear-submarine-despite-the-threat-of-us-sanctions/articleshow/68308925....
... Brazilian President Jair Bolsonaro in Osaka about the importance of strengthening the dialogue within BRICS, which will enable the BRICS countries to make the best use of ongoing global changes.
Today, alignment of efforts of our countries is particularly ... ... be overcome. A serious threat to global economic growth is posed by such unfair competition practices as unilateral economic sanctions, trade wars and flagrant abuse of the US dollar status as the world reserve currency. The international community is ...
It is the time for a more inclusive global financial structure
Sanctions and Sacrifice of Generations
Ivan Timofeev:
US Withdrawal From the JCPOA and Anti-Iranian Sanctions: Pros and Cons
I have lived through sanctions. I know their aroma of depravity, their unipolar projections of might, and their arbitrary fright ...
... Euro-Atlantic area, is not possible without Russia.
REUTERS/Maxim Shipenkov
Joseph Dobbs:
Why Russia Needs Europe
Fourth, Russia’s ambition to help establish a non-Western system of international governance is evident through its activities in the BRICS forum, the Shanghai Cooperation Organisation, and the establishment of the (admittedly as yet ineffective) Eurasian Economic Union. Most recently Russia secured the third most voting shares in the Chinese led Asian Infrastructure and Investment ...
