India has firmly stated that de-dollarisation is not part of its financial agenda, even as discussions continue among BRICS nations on using local currencies for trade. MEA Clarifies India’s Position The Ministry of External Affairs confirmed that India has not taken steps to move away from the

India’s Prime Minister Narendra Modi and Brazil’s President Luiz Inácio Lula da Silva spoke by phone for about one hour on Thursday, August 7, 2025. They discussed the recent 50% tariffs imposed by U.S. President Donald Trump on goods from both countries. The two leaders agreed to work together more closely in areas like trade, […]

Brazilian President Luiz Inácio Lula da Silva has urged BRICS nations to formulate a coordinated response to the recent tariff hikes imposed by U.S. President Donald Trump. Speaking during a press interaction in Brasília, Lula stated that unilateral tariff actions targeting countries like India and China demand collective resistance from emerging economies. The remarks

U.S. President Donald Trump recently said that Brazilian President Luiz Inácio Lula da Silva could call him any time to discuss trade issues. However, Lula firmly declined the offer, stating he had no intention of contacting Trump, adding that the American leader “does not want to talk.” BRICS Leaders Take Priority In a sharp diplomatic […]

US President Donald Trump has once again threatened to impose an additional 10% tariff on imports from BRICS countries, accusing the group of promoting policies that undermine the United States. Speaking during a public address after signing a new cryptocurrency regulation bill, Trump warned that any nation engaging in what he called “anti-American” trade moves […]

If Donald Trump were to ever win the Nobel Peace Prize, it would surely be for services rendered to global instability, ego-centric diplomacy, and catastrophic blundering at an international level. His second term in office has not just solidified America’s isolation but managed to make the unthinkable possible: he has united the world, not through […]

During the 15th BRICS Trade Ministers’ Meeting held in Brasília, Brazil on May 21, 2025, India made a strong pitch to dismantle intra-bloc export controls to improve trade cooperation and support the economic aspirations of the Global South. Represented by Economic Adviser Yashvir Singh, India emphasized the need to eliminate artificial barriers that hinder trade […]

At the 11th BRICS Environment Ministers’ Meeting in Brasilia, India called on member nations to come together under the ‘Baku to Belem Roadmap’ to mobilize $1.3 trillion annually by 2035. The appeal was aimed at strengthening collective efforts to meet global climate targets. With BRICS now expanded to include 11 nations, India emphasized the group’s […]

To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.

Nigeria has officially joined the BRICS bloc as a partner country, marking a significant step in its efforts to boost trade and investment. The BRICS group, originally comprising Brazil, Russia, India, China, and South Africa, has been expanding its reach to include emerging economies. Nigeria’s inclusion aligns with its strategic goals to strengthen economic ties