BRICS & New World Order Thread

SanWenYu

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Algerian President Abdelmadjid Tebboune said Algeria is interested in joining the BRICS group, and the country largely meets the conditions of joining the group, Reuters reported.
Wang Yi expressed his pleasure to welcome Algeria's bid to BRICS membership when he met his Algerian peer during the UN session in New York city. Both agreed to speed up ratifying the agreements on bilateral cooperations including BRI.

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据外交部网站消息,当地时间2022年9月24日,国务委员兼外长王毅在纽约出席联合国大会期间会见阿尔及利亚外长拉马拉。

王毅表示,中国同阿尔及利亚有着特殊深厚友谊,历经国际风云考验,在应对疫情中得到升华,两国是名符其实的患难之交、信义之交。中方愿同阿方传承传统友好,在发展振兴道路上结伴同行,开辟两国关系新前景。

拉马拉说,阿中是好朋友,有着高水平、强有力的全面战略伙伴关系。双方在国际事务中秉持共同原则,在民族振兴上有着共同目标。感谢中方对阿推进国家战略的有力支持,愿深化拓展各领域交流合作。阿方高度赞赏习近平主席提出的全球发展倡议,积极支持倡议并已加入“之友小组”。期待同中方加强协作,增进共识,实现共同发展,共同繁荣。阿赞赏中方在乌克兰问题上始终坚持客观公正立场,赞同通过谈判解决问题,恢复和平稳定。

王毅说,在习近平主席和特本总统引领下,中阿互信牢固,交往频密,合作持续深化,充分体现了两国全面战略伙伴关系的高水平。阿尔及利亚是发展中大国和新兴经济体代表,中方赞赏阿作为首批成员加入全球发展倡议之友小组并积极参与倡议落实,愿同阿方携手为世界和平发展事业发挥建设性作用。

双方同意加快商签中阿全面战略合作五年规划、共建“一带一路”合作规划、重点领域三年合作计划等文件,为拓展两国务实合作注入新动能。

双方同意深化中国同阿拉伯国家合作。中方支持阿发挥轮值主席国作用,办好阿盟峰会,欢迎阿参与金砖大家庭。

双方同意加强团结,共同维护联合国宪章宗旨原则,共同捍卫不干涉内政原则,共同促进国际公平正义。

据央视新闻此前报道,当地时间7月31日晚,阿尔及利亚总统特本向外界表示,阿尔及利亚有可能加入金砖国家。

特本表示,加入金砖国家是有条件的,但阿尔及利亚在很大程度上符合加入金砖国家的条件。

特本还补充道,金砖国家对阿尔及利亚很感兴趣,因为阿尔及利亚是一个重要的“经济和政治力量”。
 

Strangelove

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US ‘ally’ expresses desire to join BRICS​

Saudi Arabia has inquired with South Africa’s president about joining the economic bloc

Saudi Arabia wants to join the BRICS alliance, South African President Cyril Ramaphosa has stated, signaling a dramatic potential expansion of the bloc amid growing tensions with the US over the Russia-Ukraine crisis.

Ramaphosa
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of Riyadh’s BRICS inquiry, as he wrapped up his two-day state visit to the desert kingdom on Sunday. The trip included meetings with Crown Prince Mohammed bin Salman and other Saudi leaders. “The crown prince did express Saudi Arabia’s desire to be part of BRICS, and they are not the only country,” Ramaphosa said.

The group, which is named for member states Brazil, Russia, India, China and South Africa, is scheduled to meet next year in Johannesburg for its annual summit. Expansion prospects will likely be high on the agenda, as the bloc is expected to consider adding such nations as Saudi Arabia, Turkey, Egypt and Algeria.

“The
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nations are going to be meeting in a summit next year under the chairship of South Africa, and the matter is going to be under consideration,”
Ramaphosa said. “And already, a number of countries or nations have been making approaches to the other member countries, and we’ve given them the same answer – to say it’ll be discussed by the BRICS partners themselves, five of them, and thereafter a decision will be made.”

The Saudi-South Africa talks came amid a row between Riyadh and Washington over OPEC’s decision to cut production quotas by 2 million barrels a day. US President Joe Biden last week threatened Saudi Arabia with unspecified “consequences” and accused the longtime ally of siding with Russia in the Ukraine crisis. US lawmakers have called for cutting off cooperation with Saudi Arabia, such as halting arms sales or withdrawing military support.

Saudi Prince
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responded angrily on Saturday, warning Western leaders not to threaten the kingdom. “Anybody that challenges the existence of this country and this kingdom, all of us, we are projects of jihad, and martyrdom. That’s my message to anybody that thinks that he can threaten us.” Defense Minister Khalid bin Salman said Saudi leaders were “astonished” by false US accusations that Riyadh is standing with Russia against Ukraine.

Russia, China and other BRICS members are reportedly developing a new global reserve currency, potentially undermining the dominance of the US dollar. The addition of Saudi Arabia to the bloc would have potentially far-reaching implications, given that the dollar’s strength stems partly from its status as the dominant currency in international oil markets. Saudi Arabia has reportedly considered selling crude in
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.

Although the US and Saudi Arabia aren't formal allies, their partnership has been one of the most long-standing and mutually beneficial in the region. Riyadh is a major buyer of American arms. The US, as the world's biggest oil consumer, has sought to keep Saudi crude output flowing into international markets at high rates.
 

Strangelove

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China, Saudi Arabia vow deeper energy cooperation, oil market stability

By Global Times Published: Oct 22, 2022 01:02 AM

An oil tanker berths at a receiving facility at the Port of Zhoushan, East China’s Zhejiang Province. The tanker, Olympic Trust, is the third 300,000-ton vessel to arrive at the port so far this month. In August, China imported 47.48 million tons of crude, according to National Bureau of Statistics data. Photo: cnsphoto

An oil tanker berths at a receiving facility at the Port of Zhoushan, East China’s Zhejiang Province. File Photo: cnsphoto

China and Saudi Arabia have agreed to strengthen energy cooperation, maintain international oil market stability and jointly face risks and challenges, read a statement posted on the website of China's National Energy Administration (NEA) on Friday following a virtual meeting between top energy officials of the two countries.

China and Saudi Arabia, as the world's major energy consumer and producer, agreed that exchanging views on a regular basis is of great importance, according to the statement. NEA head Zhang Jianhua met with Saudi Arabian Energy Minister Prince Abdulaziz bin Salman via a video link on Thursday.

The complex and changing international situation has created many destabilizing factors for the oil market, but the stable, long-term supply of crude is of paramount importance for the stability of the market, the statement said, adding "Saudi Arabia will continue to be the most reliable partner and supplier of crude for China."

Earlier in the month, the Organisation of the Petroleum Exporting Countries (OPEC) and its allies agreed to a bigger than expected cut in oil production despite US opposition. From November, these countries will slash daily crude output by 2 million barrels. The event was seen by some as a blow to the Biden administration.

The two sides also exchanged views on cooperation and joint investment in countries along the China-proposed Belt and Road Initiative as well as investment in refinery and chemical integration projects in the two countries.

Saudi Arabia would like to use its geographical advantages linking three continents to build a regional center for Chinese manufacturers so as to strengthen cooperation in the energy supply chain, according to the statement.

The two sides also agreed to conduct cooperation within the framework of the intergovernmental agreement on the peaceful use of nuclear energy and agreed that the cooperation between China and Saudi Arabia in the fields of electricity, renewable energy and hydrogen energy is of great significance.

In the first eight months, China's crude imports totaled 330.18 million tons, or about 9.92 million barrels per day, down 4.7 percent from the same period last year.
 

Sinnavuuty

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China discusses with the Argentine government the construction of railways in the country. The government of Argentine President Alberto Fernández said it was discussing with the Chinese company China Railway International Group railway construction projects in several provinces of the country.

Infrastructure projects are discussed within the framework of the "One Belt, One Road" initiative, which Argentina joined this year. Argentina announced in February that it had joined China's "One Belt, One Road" initiative and said it would receive more than $23 billion from China to fund various projects.

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el-pais
 

Strangelove

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Everybody wants to hop on the BRICS Express


Eurasia is about to get a whole lot larger as countries line up to join the Chinese and Russian-led BRICS and SCO, to the detriment of the west

By
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October 27 2022

https://media.thecradle.co/wp-content/uploads/2022/10/Russia-and-Chinas-BRICS-and-SCO-lead-the-Global-South.jpg

Photo Credit: The Cradle


Let’s start with what is in fact a tale of Global South trade between two members of the Shanghai Cooperation Organization (SCO). At its heart is the already notorious Shahed-136 drone – or Geranium-2, in its Russian denomination: the AK-47 of postmodern aerial warfare.

The US, in yet another trademark hysteria fit rife with irony, accused Tehran of weaponizing the Russian Armed Forces. For both Tehran and Moscow, the superstar, value-for-money, and terribly efficient drone let loose in the Ukrainian battlefield is a state secret: its deployment prompted a flurry of denials from both sides. Whether these are
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drones, or the design was bought and manufacturing takes place in Russia (the realistic option), is immaterial.

The record shows that the US weaponizes Ukraine to the hilt against Russia. The Empire is a de facto war combatant via an array of “consultants,” advisers, trainers, mercenaries, heavy weapons, munitions, satellite intel, and electronic warfare. And yet imperial functionaries swear they are not part of the war. They are, once again, lying.

Welcome to yet another graphic instance of the “rules-based international order” at work. The Hegemon always decides which rules apply, and when. Anyone opposing it is an enemy of “freedom,” “democracy,” or whatever platitude du jour, and should be – what else – punished by arbitrary sanctions.

In the case of sanctioned-to-oblivion Iran, for decades now, the result has been predictably another round of sanctions. That’s irrelevant. What matters is that, according to Iran’s Islamic Revolutionary Guard Corps (IRGC), no less than 22 nations – and counting – are
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because they also want to get into the Shahed groove.

Even Leader of the Islamic Revolution, Ayatollah Ali Khamenei, gleefully joined the fray, commenting on how the Shahed-136 is no photoshop.

The race towards BRICS+

What the new sanctions package against Iran really “accomplished” is to deliver an additional blow to the increasingly problematic signing of the revived nuclear deal in Vienna. More Iranian oil on the market would actually relieve Washington’s predicament after the recent epic snub by OPEC+.

A categorical imperative though remains. Iranophobia – just like Russophobia – always prevails for the Straussians/neo-con war advocates in charge of US foreign policy and their European vassals.

So here we have yet another hostile escalation in both Iran-US and Iran-EU relations, as the unelected junta in Brussels also sanctioned manufacturer Shahed Aviation Industries and three Iranian generals.

Now compare this with the fate of the Turkish Bayraktar TB2 drone – which unlike the “flowers in the sky” (Russia’s Geraniums) has performed miserably in the battlefield.

Kiev tried to convince the Turks to use a Motor Sich weapons factory in Ukraine or come up with a new company in Transcarpathia/Lviv to build Bayraktars. Motor Sich’s oligarch President Vyacheslav Boguslayev, aged 84, has been charged with treason because of his links to Russia, and may be exchanged for Ukrainian prisoners of war.

In the end, the deal fizzled out because of Ankara’s exceptional enthusiasm in working to establish a
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– a personal suggestion from Russian President Vladimir Putin to his Turkish counterpart Recep Tayyip Erdogan.

And that bring us to the advancing interconnection between BRICS and the 9-member SCO – to which this Russia-Iran instance of military trade is inextricably linked.

The SCO, led by China and Russia, is a pan-Eurasian institution originally focused on counter-terrorism but now increasingly geared towards geoeconomic – and geopolitical – cooperation. BRICS, led by the triad of Russia, India, and China overlaps with the SCO agenda geoeconomically and geopoliticallly, expanding it to Africa, Latin America and beyond: that’s the concept of BRICS+, analyzed in detail in a recent
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, and fully embraced by the Russia-China strategic partnership.

The report weighs the pros and cons of three scenarios involving possible, upcoming BRICS+ candidates:

First, nations that were invited by Beijing to be part of the 2017 BRICS summit (Egypt, Kenya, Mexico, Thailand, Tajikistan).
Second, nations that were part of the BRICS foreign ministers’ meeting in May this year (Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, UAE, Saudi Arabia, Senegal, Thailand).

Third, key G20 economies (Argentina, Indonesia, Mexico, Saudi Arabia, Turkiye).

And then there’s Iran, which has already already
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in joining BRICS.

South African President Cyril Ramaphosa has recently confirmed that “several countries” are absolutely dying to join BRICS. Among them, a crucial West Asia player:
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.

What makes it even more astonishing is that only three years ago, under former US President Donald Trump’s administration, Crown Prince Muhammad bin Salman (MbS) – the kingdom’s de fact ruler – was dead set on joining a sort of
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as a privileged imperial ally.

Diplomatic sources confirm that the day after the US pulled out of Afghanistan, MbS’s envoys started seriously negotiating with both Moscow and Beijing.

Assuming BRICS approves Riyadh’s candidacy in 2023 by the necessary consensus, one can barely imagine its earth-shattering consequences for the petrodollar. At the same time, it is important not to underestimate the capacity of US foreign policy controllers to wreak havoc.

The only reason Washington tolerates Riyadh’s regime is the petrodollar. The Saudis cannot be allowed to pursue an independent, truly sovereign foreign policy. If that happens, the geopolitical realignment will concern not only Saudi Arabia but the entire Persian Gulf.
Yet that’s increasingly likely after OPEC+ de facto chose the BRICS/SCO path led by Russia-China – in what can be interpreted as a “soft” preamble for the end of the petrodollar.

The Riyadh-Tehran-Ankara triad

Iran made known its interest to join BRICS even before Saudi Arabia. According to Persian Gulf diplomatic sources, they are already engaged in a somewhat secret channel via Iraq trying to get their act together. Turkey will soon follow – certainly on BRICS and possibly the SCO, where Ankara currently carries the status of extremely interested observer.

Now imagine this triad – Riyadh, Tehran, Ankara – closely joined with Russia, India, China (the actual core of the BRICS), and eventually in the SCO, where Iran is as yet the only West Asian nation to be inducted as a full member.

The strategic blow to the Empire will go off the charts. The discussions leading to BRICS+ are focusing on the challenging path towards a commodity-backed global currency capable of bypassing US dollar primacy.

Several interconnected steps point towards increasing symbiosis between BRICS+ and SCO. The latter’s members states have already agreed on a road map for gradually increasing trade in national currencies in mutual settlements.

The State Bank of India – the nation’s top lender – is opening special rupee accounts for Russia-related trade.
Russian natural gas to Turkey will be paid 25 percent in rubles and Turkish lira, complete with a 25 percent discount Erdogan personally asked of Putin.

Russian bank VTB has launched money transfers to China in yuan, bypassing SWIFT, while Sberbank has started lending out money in yuan. Russian energy behemoth Gazprom agreed with China that gas supply payments should shift to rubles and yuan, split evenly.
Iran and Russia are unifying their banking systems for trade in rubles/rial.

Egypt’s Central Bank is moving to establish an index for the pound – through a group of currencies plus gold – to move the national currency
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.

And then there’s the TurkStream saga.

That gas hub gift

Ankara for years has been trying to position itself as a privileged East-West gas hub. After the
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, Putin has handed it on a plate by offering Turkey the possibility to increase Russian gas supplies to the EU via such a hub. The Turkish Energy Ministry stated that Ankara and Moscow have already reached an agreement in principle.

This will mean in practice Turkey controlling the gas flow to Europe not only from Russia but also Azerbaijan and a great deal of West Asia, perhaps even including Iran, as well as Libya in northeast Africa. LNG terminals in Egypt, Greece and Turkiye itself may complete the network.

Russian gas travels via the TurkStream and Blue Stream pipelines. The total capacity of Russian pipelines is 39 billion cubic meters a year.

Photo Credit: The Cradle

Map of Russian gas route via Turkey

See link of rest of article.
 

tphuang

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The biggest news out of BRICS is that Lula has won the election against Bolsonaro. Well, assuming that Bolsonaro cannot continue disrupt the transfer of power.

Lula will probably be a lot more pro-China than Bolsonaro was. Having the largest country in South America being pro-China will be good for BRICS and for Chinese investment in Brazil.
 

Atomicfrog

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The biggest news out of BRICS is that Lula has won the election against Bolsonaro. Well, assuming that Bolsonaro cannot continue disrupt the transfer of power.

Lula will probably be a lot more pro-China than Bolsonaro was. Having the largest country in South America being pro-China will be good for BRICS and for Chinese investment in Brazil.
Not even need to be pro-China... if they care about their country it will be good for BRICS and for Chinese investment in Brazil.
 

Strangelove

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Algeria officially submits application to join the BRICS




Image by Xinhua





Algeria on Monday submitted an official application to join the BRICS economic bloc, which consists of Brazil, Russia, India, China and South Africa according to reports quoting citing the Algerian Foreign Ministry special envoy for international partnership.

In August, the North African country's President Abdelmadjid Tebboune said that the country was ready to join BRICS and that there were almost all the conditions for this.


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Algeria officially applies to join BRICS bloc​


November 7, 2022 at 6:41 pm | Published in:
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In this photo illustration, the BRICS logo. [Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images]

In this photo illustration, the BRICS logo. [Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images]

November 7, 2022 at 6:41 pm
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Algeria has officially applied to join the BRICS economic group, Anadolu News Agency reports.

The bloc of emerging economies includes Russia, Brazil, India, China and South Africa.

Foreign Ministry official, Leyla Zarruki, said the North African country has requested membership of the economic bloc, the State radio reported.

Zarruki said Algeria has finalised all necessary measures for membership, without any further details.

In July, Algerian President, Abdelmadjid Tebboun signalled willingness to join the bloc, saying BRICS "attracts Algeria's attention".
"Joining this group will take Algeria, the pioneer of the Non-Alignment principle, away from the attraction of the two poles," he said.
The economies of the five BRICS members, which have more than 40 per cent of the world's population, account for about a quarter of the world's gross domestic product.
 
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