Regarding Participation of Students in BRICSMATH.COM+, the 4Th International Online Competition in Mathematics for Classes 1-12
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Brics” Economies the New Phase of Globalisation
The Rise of “Brics” Economies the New Phase of Globalisation Aswani Alexander Assistant professor Department of management St Paul institute of professional studies Indore INTRODUCTION Coordination between Brazil, Russia, India and China (BRIC) began informally in 2006, with a working meeting of the foreign ministers of the four countries on the sidelines of the United Nations General Assembly. Since then, the acronym, created a few years earlier by the financial market, no longer confined itself to identifying four emerging economies. BRIC became a mechanism for cooperation in areas that have the potential to generate concrete results for Brazilians and the peoples of the other member countries. Since 2009, the Heads of State and Government of the group meet annually. In 2011, at the Sanya Summit, South Africa became part of the grouping, adding the "S" to the acronym, now BRICS. In the last 10 years, 10 Summit meetings have taken place, with the presence of all the leaders of the mechanism: 1st Summit: Yekaterinburg, Russia, June 2009; 2nd Summit: Brasília, Brazil, April 2010; 3rd Summit: Sanya, China, April 2011; 4th Summit: New Delhi, India, March 2012; 5th Summit: Durban, South Africa, March 2013; 6th Summit: Fortaleza, Brazil, July 2014; 7th Summit: Ufa, Russia, July 2015; 8th Summit: Benaulim (Goa), India, October 2016; 9th Summit: Xiamen, China, September 2017; 10th Summit: Johannesburg, South Africa, July 2018; and 11th Summit: Brasília, Brazil, November 2019 Since the first summit in 2009, BRICS has significantly expanded its activities in several fields, but it was the financial field that guaranteed greater group visibility from the outset. -
Russia's Strategies Towards BRICS: Problems and Opportunities
Vestnik RUDN. International Relations 2020 Vol. 20 No. 3 534—542 http://journals.rudn.ru/international‐relations Вестник РУДН. Серия: МЕЖДУНАРОДНЫЕ ОТНОШЕНИЯ DOI: 10.22363/2313-0660-2020-20-3-534-542 Research article / Научная статья Russia’s Strategies towards BRICS: Problems and Opportunities A.A. Sergunin 1 MGIMO University, Moscow, Russian Federation St. Petersburg State University, Saint-Petersburg, Russian Federation Abstract. This article aims to examine Moscow’s policy motives regarding BRICS as well as priority areas in Russia’s strategy towards this grouping. The Russian policies towards and within BRICS represent a combination of ideational and material motives. On the one hand, BRICS is important for the Kremlin in terms of status seeking: with the BRICS’ help Russia tries to return its status of a great power, shape the future world order and to make the West abide by the rules of that order. On the other hand, Moscow values its economic and strategic partnerships with the BRICS states which are important for Russia’s well-being and for counter-balancing the West in the global geopolitical and geoeconomic game. In other words, BRICS provides Russia with additional prestige in the interna- tional arena as well as greater legitimacy to its international activities. In contrast to the West’s accusations, in case of BRICS Russia’s foreign policy behavior does not fall into the category of the revisionist one. Rather, Russia (similar to other BRICS countries) prefers to act on the basis of existing international rules and norms rather than to challenge or keep them intact. Russia aims at reforming these rules to adapt them to new global realities and make them acceptable for all the members of the world community. -
Thailand Strengthening Comprehensive Strategic Partnership with China (5/9/2017)
Thailand Strengthening Comprehensive Strategic Partnership with China (5/9/2017) Prime Minister General Prayut Chan-o-cha has stressed Thailands intention to strengthen comprehensive strategic partnership with China and expand bilateral cooperation in various areas. The Prime Minister had a bilateral meeting with Chinese President Xi Jinping on 4 September 2017 during his visit to China for the 9th BRICS Summit and Emerging Markets and Developing Countries Dialogue in Xiamen, Fujian province, on 5 September 2017. He reiterated Thailands commitment for successful implementation of the Thailand-China rail cooperation project. Thailand was of the view that connectivity is crucial for sustainable and inclusive development. It is ready to support Chinas Belt and Road (BRI) policy and to work with China in linking development strategies of both countries along the Silk Route. The Prime Minister stated that Chinas BRI and \"Made in China 2025 strategies are in line with Thailands economic development, especially its Eastern Economic Corridor development. Thailand also stands ready to boost economic relations with China under the China-Indochina Peninsula Economic Corridor framework, as well as serving as Chinas gateway to CLMV, ASEAN, the Regional Comprehensive Economic Partnership (RCEP), and South Asia. The Prime Minister called on China to take care of Thai investors and Thailands energy investment in China. It also encouraged China to transfer knowledge and technology to Thailand in the fields that China has expertise, such as aviation. Both countries also shared the view that they should exchange experiences, information, and best practices in handling anti-terrorism between them. On this occasion, Prime Minister General Prayut and the Chinese President witnessed the signing of four agreements between Thailand and China. -
Belt and Road Insights - September 2017
Belt and Road Insights - September 2017 September 28, 2017 Summary Authors/Presenters Welcome to BLP’s ‘Belt and Road Insights’ September 2017 issue – a selection of interesting Belt and Road news items, distilled into a monthly ‘speed read’. Ilan Freiman Updates from the New Silk Road Partner The Belt and Road Initiative is a major development Hong Kong [email protected] strategy launched by the Chinese government in September 2013 to sponsor and promote economic co- operation among countries along the proposed Belt and Road routes. With our focus on built environment and infrastructure development, we aim to keep you updated on the latest developments. Jack Ticehurst Hong Kong Government’s Associate sets out its Belt and Road Abu Dhabi aspirations at latest summit [email protected] The Hong Kong Government recently hosted its second Belt and Road Summit on 11 September, with the Government emphasising its key message that Hong Kong has the capability to become the regional financial hub for funding Belt and Road infrastructure projects. In her opening address, Chief Executive Carrie Lam reinforced this message by outlining Hong Kong has been proactively engaged in discussions with the Central Government on a new cooperation Page 1 of 4 agreement would take full advantage of Hong Kong's unique advantages under 'one country, two systems' in support of the Belt and Road Initiative. Also on the agenda during the conference was the drive for closer collaboration on Belt and Road projects between Hong Kong and ASEAN, with Hong Kong pledging to provide its expertise in developing public-private sector cooperation, in order to support the financing of ASEAN’s major infrastructure investment requirements. -
Why BRICS Matters for India
Why BRICS matters for India Writer - Shubhajit Roy (Editor) This article is related to General Studies- Paper-II (International Relations) Indian Express 13 Nov., 2019 "As Prime Minister Narendra Modi attends the BRICS Summit in Brazil, a look at how the grouping began and has since evolved, what are the issues it will take up, and what it means for India in the global order." On Tuesday, Prime Minister Narendra Modi left for Brazil to attend the 11th BRICS Summit. What is on the agenda of this grouping, and why is it important? BRICS Summit: The origins, and now On November 30, 2001, Jim O’Neill, a British economist who was then chairman of Goldman Sachs Asset Management, coined the term ‘BRIC’ to describe the four emerging economies of Brazil, Russia, India, and China. In a paper, ‘The World Needs Better Economic BRICs’, written for the Goldman Sachs ‘Global Econom- ic Paper’ series, O’Neill — who went on to serve as Commercial Secretary to the Treasury between 2015 and 2016 in the governments headed by David Cameron and Theresa May — made a case for BRIC on the basis of econometric analyses projecting that the four economies would individually and collectively occupy far greater economic space and become among the world’s largest economies in the next 50 years or so. “In 2001 and 2002, real GDP growth in large emerging market economies will exceed that of the G7. At end-2000, GDP in US$ on a PPP basis in Brazil, Russia, India and China (BRIC) was about 23.3% of world GDP. -
Brasília Declaration
BRASÍLIA DECLARATION 11th BRICS Summit Preamble 1. We, the Leaders of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People's Republic of China and the Republic of South Africa met on 14 November 2019 in Brasília, Brazil, at the Eleventh BRICS Summit, which was held under the theme “BRICS: economic growth for an innovative future”. 2. As leaders of vibrant nations, we reaffirm our fundamental commitment to the principle of sovereignty, mutual respect and equality and to the shared goal of building a peaceful, stable and prosperous world. These concepts, values and objectives provide a solid foundation and clear guidance for our mutually beneficial and pragmatic cooperation. Building on the work of successive summits in the pillars of economy, peace and security and people-to-people exchanges, we will continue to strengthen BRICS cooperation for the benefit and welfare of our peoples and enhance the traditional ties of friendship amongst our countries. 3. We are pleased with the outcomes of the 2019 BRICS Chairship (Annex 1). We recall the more than one hundred meetings held this year (Annex 2). We welcome the Ministerial and other high-level Meetings held this year in the areas of finance, trade, foreign affairs, national security matters, communications, environment, labor and employment, science, technology and innovation, energy, agriculture, health and culture. We also note the Meeting of New Development Bank Board of Governors. 4. We welcome, among other achievements, the establishment of the Innovation BRICS Network (iBRICS); the adoption of the New Architecture on Science, Technology and Innovation (STI), which will be implemented through the BRICS STI Steering Committee, and the Terms of Reference of the BRICS Energy Research Cooperation Platform. -
General Awareness
GENERAL AWARENESS January 2021 Vol. 9, Issue 05 A PUBLICATION OF GYANM EDUCATION & TRAINING INSTITUTE PVT. LTD. SCO 13-14-15, 2ND FLOOR, SEC 34-A, CHANDIGARH Contents NATIONAL NEWS CURRENT AFFAIRS NOVEMBER 03-39 October to November 2020 BULLET NEWS VIRTUAL SUMMIT HELD WITH LUXEMBOURG PM 40-66 June 2020 to Sept 2020 LATEST 100 GK MCQs 67-74 SBI PO PRELIMS 75-86 MODEL TEST PAPER Current GK Bytes 87-110 FIGURES TO REMEMBER REPO RATE 4.00% REVERSE REPO RATE 3.35% MARGINAL STANDING 4.25% FACILITY RATE BANK RATE 4.25% Prime Minister Narendra Modi and his Luxembourg counterpart Xavier Bettel STATUTORY LIQUIDITY RATIO 18.00% held a virtual summit on Nov 19. This was the first stand-alone Summit CASH RESERVE RATIO 3.00% meeting between India and Luxembourg in the past two decades. The two BASE RATE(s) 8.15 to leaders discussed the entire spectrum of bilateral relationship, including (of various banks) 9.40% strengthening of India-Luxembourg cooperation in the post-COVID world. Luxembourg is a small European country, surrounded by Belgium, Germany INDIA’s RANK IN and France. Global Hunger Index 2020 94th PM MODI ATTENDS 12TH BRICS SUMMIT th Teacher Status Index (GTSI) 6 Prime Minister Narendra Modi attended the 12th BRICS Summit on November Asia Power Index 2020 4th 17 in virtual mode. The summit was hosted by Russia, under the theme Global Global Economic Freedom Index 105th Stability, Shared Security and Innovative Growth. India will be taking over the Chairship of the BRICS for the year 2021 and will host the 13th BRICS Summit Human Capital Index 116th next year. -
From Yekaterinburg to Brasilia: BRICS and the G20, Road to Nowhere?
Article From Yekaterinburg to Brasilia: BRICS and the G20, road to nowhere? DOI: http://dx.doi.org/10.1590/0034-7329202000109 Rev. Bras. Polít. Int., 63(1): e009, 2020 Revista Brasileira de Política Internacional Abstract ISSN 1983-3121 The BRICS have forged a collective identity to become a new driving force http://www.scielo.br/rbpi in Global Governance. They have used bodies such as the G20 to produce changes at global governance levels. This has raised two questions on their Niall Duggan1 role. First, can they hold a common position despite different developmental 1University College Cork, Government, agendas? Second, has the China’s economic leap produced a unique (Chinese) Cork, Ireland agenda rather than a collective (BRICS) one? ([email protected]) ORCID ID: Keywords: BRICS; Emerging powers; China; G20; Global governance. orcid.org/0000-0002-3578-1068 Juan Carlos Ladines Azalia2 2Universidad del Pacifico, International Received: January 15, 2020 Business, Lima, Peru. ([email protected]) Accepted: June 13, 2020 ORCID ID: orcid.org/0000-0002-9327-9068 Introduction he BRICS differ from one another culturally, politically, and Tdemographically. What these countries do share, however, is an aspiration to be “rule makers” instead of “rule takers” within global governance. The 2009 BRIC summit’s joint declaration outlined foundations for a common “thought” among member states, including the primacy of the rule of law and multilateral diplomacy with a leading role for the UN (Ministério das Relações Exteriores do Brasil 2008, 2). This produced a common standpoint and meant that the BRICS became a new driving force for change within global Copyright: governance, leading to the promotion of South-South cooperation. -
Press Information Bureau Government of India Prime Minister's
Press Information Bureau Government of India Prime Minister's Offic e 04-September-2017 14:29 IST Text of the Intervention by Prime Minister at the Plenary Session of 9th BRICS Summit, Xiamen, China (September 04, 2017) Your Excellencies President Xi Jinping, President Jacob Zuma, President Michel Temer, President Vladimir Putin, Let me begin by sincerely thanking President Xi again for his warm reception and the excellent organisation of this Summit. Our interaction during the restricted session was constructive. It enriched our mutual understanding and perspectives. After more than a decade of existence, BRICS has developed a robust framework for cooperation. We contribute stability and growth in a world drifting towards uncertainty. While trade and economy have been the foundation of our cooperation, our endeavours today touch diverse areas of technology, tradition, culture, agriculture, environment, energy, sports, and ICT. The New Development Bank has started disbursing loans in pursuit of its mandate to mobilize resources for infrastructure and sustainable development in BRICS countries. At the same time, our Central Banks have taken steps to make the Contingent Reserve Arrangement fully operational. These are milestones of progress we can build upon. Looking ahead, it is important that our people remain at the centre of our journey. I am happy to note that China has taken forward the people-to-people thrust of our exchanges from last year. Such inter-mingling will consolidate our links and deepen our understanding. Excellencies, India’s own far-reaching journey of transformation gives pride of place to our people. We are in mission-mode to eradicate poverty; to ensure health, sanitation, skills, food security, gender equality, energy, education and innovation. -
Prime Minister Shri Narendra Modi Leads India's Participation at the 12Th BRICS Summit
Sitemap Contact Feedback Intranet Media Login Skip to main content Screen Reader Access A- A A+ Search English Home › Media Center › Press Releases Prime Minister Shri Narendra Modi leads India's participation at the 12th BRICS Summit November 18, 2020 Prime Minister Shri Narendra Modi led India’s participation at the 12th BRICS Summit, convened under the Chairship of President Vladimir Putin of Russia on 17 November 2020, in a virtual format. The theme of the Summit was "Global Stability, Shared Security and Innovative Growth”. President Jair Bolsonaro of Brazil, President Xi Jinping of China and President Cyril Ramaphosa of South Africa also participated in the Summit. Prime Minister conveyed his appreciation to President Putin for the momentum in BRICS under the Russian Chair, despite the challenges of the COVID-19 pandemic. He noted that BRICS has played a significant role in fight against terrorism and in promoting the global economy. Prime Minister called for necessary reform of the UN and especially the Security Council, and other international bodies like WTO, IMF, WHO etc. to make them relevant to contemporary realities. Prime Minister called for cooperation in addressing the Covid-19 pandemic and in this regard noted the supply of essential medicines to over 150 countries by India. He said that during its Chairship of the BRICS in 2021, India would focus on consolidation of intra-BRICS cooperation, including in the fields of traditional medicine and digital health, people-to-people ties and cultural exchanges. At the conclusion of the Summit, BRICS Leaders adopted the "Moscow Declaration”. New Delhi November 18, 2020 *****. -
Intra-BRICS Trade and Investment Targets Should Be More Ambitious: Hon'ble Prime Minister of India
Intra-BRICS trade and investment targets should be more ambitious: Hon'ble Prime Minister of India {Hon’ble Prime Minister of India addresses BRICS Business Forum} Hon’ble Prime Minister of India, Shri Narendra Modi has addressed the BRICS Business Forum, on the sidelines of BRICS Summit in Brazil. Heads of states of other BRICS countries, also addressed the Business Forum. Speaking on the occasion, he said that BRICS countries account for 50% of the world's economic growth. Despite recession at the global level, BRICS countries accelerated economic growth, drove millions out of poverty and achieved new breakthroughs in technology and innovation, he added. He wished that Intra-BRICS trade and investment targets should be more ambitious and invited their suggestions to further reduce the cost of trade between the BRICS countries. He also suggested that by the next BRICS Summit, at least five areas should be identified in which joint ventures can be formed between the BRICS countries on the basis of complementarities. He said that important initiatives such as innovation BRICS Network, and BRICS Institution for Future Network will be considered for discussions during the summit. He requested the private sector to join these efforts focused on human resources. He also suggested that the five countries should also consider a Mutual Social Security Agreement. He said that India is the world's most open and investment friendly economy due to political stability, predictable policy and business friendly reforms. Meeting of Hon’ble Prime Minister of India with Mr. Vladimir Putin, President of Russian Federation on the margins of 11th BRICS Summit Hon’ble Prime Minister of India, Shri Narendra Modi met H.E. -
2020-50Full Text: Fighting COVID-19 in Solidarity and Advancing BRICS
DOCUMENT / Xi Jinping’s Remarks at the 12th BRICS Summit Xi Jinping’s Remarks at the 27th APEC Economic Leaders’ Meeting Xi Jinping’s Remarks at the Leaders’ Side Event on Safeguarding the Planet of the G20 Riyadh Summit Fighting COVID-19 in Solidarity and Advancing BRICS Cooperation Through Concerted Efforts Remarks at the 12th BRICS Summit Xi Jinping, President of the People’s Republic of China Beijing, November 17, 2020 Your Excellency President Vladimir Putin, Your Excellency Prime Minister Narendra Modi, Your Excellency President Cyril Ramaphosa, Your Excellency President Jair Bolsonaro, I wish to begin by thanking President Putin and the Russian govern- ment for their thoughtful organization of this BRICS Summit. Right now, the world is caught between a pandemic of the century and momentous changes never seen in the last one hundred years. The international landscape keeps evolving in profound ways. At such a critical moment, we are meeting to discuss our joint response to COVID-19 and draw a blueprint for the future of BRICS. The meeting has thus taken on a special Around the world, COVID-19 is posing a grave threat to people’s life and well-being. The global public health system is facing a severe test. Human society is going through the most serious pandemic in the past century. International trade and investment have shrunk considerably. The and instability are numerous. The world economy is witnessing the worst recession since the Great Depression in the 1930s. Unilateralism, protec- - ernance, trust, development and peace is widening instead of narrowing. Despite all this, we remain convinced that the theme of our times, peace and development, has not changed, and that the trend toward mul- BEIJING REVIEW NO.50 DECEMBER 10, 2020 1 DOCUMENT / tipolarity and economic globalization cannot be turned around.