Generation BRICS
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The official channel of the BRICS Expert Council-Russia. Join us to get latest news, expert commentaries, exclusive reviews, and events’ updates.

Contact for media & partnerships: press@bricscouncil.ru

Russian channel: https://t.me/pokoleniebrics
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In touch with BRICS: news digest

Tracking milestone events shaping the BRICS agenda

Lavrov welcomes Indonesia's accession to BRICS

SPIEF 2025 started in St. Petersburg

Putin meets NDB President on the sidelines of SPIEF

BRICS Green Future Award winners announced

Priorities for #BRICS humanitarian cooperation formulated at SPIEF

BRICS in focus: SPIEF 2025 unveils new collaborative frontiers

Russia and Indonesia forge comprehensive strategic partnership

The role of women in economic transformation discussed at the SPIEF

BRICS Day held at the BRICS+ Information and Cultural Centre

Main points on BRICS from Russian President Vladimir Putin's speech at SPIEF plenary session

World seeks new formats of cooperation, Russia advancing SCO and BRICS to meet demand

#BRICSExpertCouncilDIGEST

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Russian Chamber of Commerce and Industry: BRICS will not have its own banknote

BRICS does not have—and will not have—paper currency. All settlements within the group are conducted electronically in national currencies, stated Sergey Katyrin, President of the Chamber of Commerce and Industry (CCI) of the Russian Federation, during the St. Petersburg International Economic Forum.

"The idea of a 'BRICS banknote' first emerged at the Kazan Summit last October. After the extended BRICS+ meeting, Russian President Vladimir Putin left the hall holding a banknote, which he showed to ministers with a smile before handing it to Elvira Nabiullina, Governor of the Central Bank of Russia. This was purely symbolic—all our settlements within #BRICS are and will remain digital, while national currency transactions between members are already operational," Katyrin explained when asked about the potential circulation of a 'BRICS banknote'.


Katyrin further emphasised that BRICS has no intention of creating a its own currency, noting that such a move would inevitably attract targeted opposition, particularly from countries that primarily trade in dollars.

#NEWS #finance

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Forwarded from Sputnik Africa
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Can BRICS Free Africa From Eurocentric Trade Systems?

"BRICS […] is going to be quite instrumental in ensuring that the voice of Africans is heard, […] that trade is facilitated between big economies and African economies," Keith Khoza, acting spokesman to SA's deputy president, said.


While the current trade system doesn't favor Africa, BRICS has the potential to become an alternative — for this it needs to deepen its engagement with the continent, he told Sputnik Africa.

"BRICS is a solution to a long-standing problem that Africans set to endure by being locked outside and development happens everywhere in the world except in Africa," the official stated.


Subscribe to @sputnik_africa

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Today in our new column we present a quote by Sergey Lavrov on principles and values within BRICS

#BRICSquotes

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Conference "BRICS and Africa: Political, Economic, and Humanitarian Cooperation"

On June 16, a conference titled "BRICS and Africa: Political, Economic, and Humanitarian Cooperation" was held, organised by the Russian International Affairs Council (RIAC) and the Institute for African Studies of the Russian Academy of Sciences. This event commemorated the 70th anniversary of the Bandung Conference.

The conference featured welcoming remarks from prominent figures, including Sergey Ryabkov, Deputy Minister of Foreign Affairs of the Russian Federation, Russia's BRICS Sherpa, and RIAC member; Ivan Timofeev, RIAC Director General; and Natalia Zherlitsyna, Deputy Director for Science at the Institute for African Studies.

In his address, Sergey Ryabkov highlighted the significant representation of Africa within BRICS, noting member states such as South Africa, Egypt, and Ethiopia, alongside partner nations like Nigeria and Uganda. He emphasised that both Russia and its #BRICS counterparts are increasingly focused on Africa, actively fostering bilateral ties and engaging with regional organisations. Ryabkov asserted that coordinated efforts among the BRICS nations would provide a vital boost to the development of African nations.

The conference featured several sessions, one of which was dedicated to Economic Development within the BRICS Framework. Moderating the session was Igor Makarov, Head of the School of World Economy and the Laboratory for Economics of Climate Change at HSE University.

Participants delved into topics such as the sovereign economic development of African nations, the prospects for alternative financial systems within BRICS, and the potential for advancing infrastructure projects across the continent.

@russiancouncil

#NEWS

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📖 Word of the week: BRICS Academic Forum

The BRICS Academic Forum is a pivotal event within the BRICS Expert Track, serving as a platform for the exchange of innovative ideas among experts, representatives from the academic community, and research centres of the BRICS nations and their partners. Its origins trace back to 2008, when the inaugural expert consultations on advancing the new BRIC group took place in Moscow. Today, the BRICS Academic Forum is recognised as one of the official events of the BRICS Chairship. Its primary outcome is the expert recommendations shaping the group's strategic direction, which are conveyed through Sherpa and Sous-Sherpa channels to the leaders before the BRICS Summit.

🌐 BRICS Think Tank Council

The BRICS Academic Forum is organised by the BRICS Think Tank Council (BTTC), established in 2013 by the BRICS leaders in accordance with the eThekwini Declaration. The BTTC comprises representatives from leading research institutions, appointed by Sherpas as national coordinators of the BRICS Expert Track in their respective countries. In Russia, this role is fulfilled by the BRICS Expert Council-Russia.

🗣️ The role of expert opinion

The expert community plays a crucial role in shaping the future of #BRICS, with the brightest ideas emerging from the Academic Forum. Visionaries from our nations have proposed initiatives such as the New Development Bank and the BRICS Network University.

📊 Expectations for the upcoming forum

The next BRICS Academic Forum is set to take place on June 25–26 in Brasilia, under Brazil's Chairship. Experts will unveil recommendations aimed at enhancing cooperation among the BRICS nations across various domains, including trade, investment, finance, AI governance, healthcare, climate change, reforming multilateral peace and security frameworks, and advancing the institutional development of BRICS.

#BRICSExpertCouncil #BRICSExpertCouncilRussia #wordoftheweek

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BRICS joint statement on the escalation of security situation in the Middle East

The BRICS nations have released a joint statement, expressing profound concern over the security crisis in the Middle East triggered by military strikes from Israel and the United States against Iran. They emphasised that such actions breach international law and the principles enshrined in the UN Charter.

Under Brazil's leadership this year, the group also called for establishing a zone free of nuclear weapons and other weapons of mass destruction in the Middle East.

"#BRICS remains committed to promoting international peace and security and to fostering diplomacy and peaceful dialogue as the only sustainable path toward long-term stability in the region," the statement asserted.


#NEWS #UN #security

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BRICS Academic Forum begins in Brazil

The BRICS Academic Forum commenced today, June 25, in Brazil's capital, bringing together leading minds from across the group. Russia's delegation, led by the BRICS Expert Council-Russia, is actively participating in this pivotal event.

This year's agenda tackles critical global challenges:
Global Health Cooperation
Artificial Intelligence Governance
Trade, Investment, Finance
Climate Change
Reform of the Multilateral Peace and Security Architecture
Institutional Development

The forum serves as a platform for exchanging ideas and crafting joint initiatives aimed at bolstering the influence of the #BRICS nations on the international stage.

#NEWS #AcademicForum

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Sergey Lavrov to lead Russian delegation at BRICS Summit in Brazil

Russian President Vladimir Putin will participate in the upcoming #BRICS Summit in Rio de Janeiro through videoconference, announced Yury Ushakov, Aide to the President of the Russian Federation. This arrangement reflects Moscow's response to Brazil's stance regarding the International Criminal Court's position.

"The President will join remotely, while the Minister of Foreign Affairs will be present on-site in Brazil," Ushakov informed journalists during a briefing.


Key discussions at the Summit will include President Putin's proposal to establish a global growth platform as an alternative to Western models.

#NEWS #Summit

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Dr. Victoria Panova, Head of BRICS Expert Council-Russia, Vice Rector of HSE University, addressed the participants of BRICS Academic Forum, started in Brasilia today.

Main points:
Throughout the 17 years of its existence, BRICS Academic Forum has become a place of frank opinion exchanges, mutual support, great ideas and emerging concepts.

It has become a cliche to say that we live in difficult times. Unfortunately, I have to repeat this. BRICS couldn’t but respond to the most recent breach of international law and the principles enshrined in the UN Charter materialised with the attack on Iran, so they released a joint statement, expressing profound concern over the security crisis in the Middle East and BRICS stance on it. We fully stand by this approach and as the BRICS academic community, we must not stay indifferent and be committed to solving crises by peaceful means. Iran is a #BRICS member, our close partner.

This year, our opening session features Global South cooperation. It is on the rise and it’s essential that this trend is upheld. By 2030, non-OECD economies are expected to account for 57%. By 2050, Asia will be the centre of the global economy, providing more than 50% of the global economic output, largely driven by two of the BRICS countries – China and India. The African continent’s population is projected to reach 1.1 billion people by 2040 and will become the largest workforce globally. By 2033, annual Global South trade is projected to approach $14 trillion. As a destination for foreign direct investment, the Global South has also surpassed advanced economies ($525 billion in 2023 vs. $464 billion).

The Global South and East can indeed play a decisive role in bringing peace and prosperity to the world. With BRICS being a major voice of the needs of the World Majority, we bear a special responsibility as academics to be honest and deep in our deliberations. Within these two days, we will have a chance to discuss global health; AI governance; trade, investment and finance; peace and security; as well as institutional development. The agenda is rich and it disposes to a debate.

In 2020, we first introduced a system of indicators aimed at evaluating BRICS progress on achieving its commitments. In 2024, we produced the first-of-a-kind research that shows what our countries have done and what else they could accomplish to advance dialogue. This year, we continue this practice with support of other BRICS Think Tanks Council members and aspire to carry out this research annually.

We aim to ultimately produce an unbiased analysis of the work done in BRICS and hope that the research results will guide us in the direction towards tangible improvements. It is essential that we start engaging in self-reflection and that we don’t wait for someone from the outside to make judgements on our commitments. We hope this effort will become a permanent tradition with support of experts from other BTTC national coordinators.

Besides, let me remind you that BRICS Expert Council has compiled a depository that contains all of the documents produced by the grouping since its establishment. It is a serious step forward in systematising the outcomes of our activities and may serve as a helping hand for the community of BRICSologists who wish to study BRICS in all its diversity. We are determined to keep this platform well-updated and our hope is that it will draw the attention of colleagues from the BTTC and all those who are not indifferent to the destiny of BRICS development.


#AcademicForum #BRICSExpertCouncil #BRICSExpertCouncilRussia

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On June 14, Vietnam officially joined #BRICS as a partner country. Vietnamese Foreign Ministry Spokesperson Pham Thu Hang commented on this significant milestone, expressing optimism for productive cooperation within the group.

#BRICSquotes

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Knowledge-based world order: Victoria Panova speaks at the Primakov Readings Youth Session

The Primakov Readings, an international forum that unites leading experts, diplomats, scientists, and young researchers to discuss pressing challenges in global politics, security, and sustainable development, has concluded in Moscow.

The 8th Youth Session of the Primakov Readings, organised by the Primakov Centre in collaboration with the Council of Young Scientists and Specialists of the Institute of World Economy and International Relations, took place just before the main events of the forum. The theme, "Knowledge-Based World Order," set the tone for the expert panels featuring government representatives and business leaders.

A highlight of the event was the discussion titled "Scientific and Technological Development of the BRICS+ Countries." During this session, Victoria Panova, Head of the BRICS Expert Council-Russia and Vice Rector at HSE University, delivered an insightful presentation. She provided a comprehensive overview of the existing mechanisms for scientific collaboration among member countries, underscoring the critical role of platforms designed to support young researchers and facilitate technology transfer.

"Today, #BRICS accounts for nearly 40% of the world's GDP in PPP and about half of the global population," Dr Panova emphasised. "The member nations possess significant research potential and can contribute unique solutions to major scientific and technological challenges. Young people play a special role in this landscape; they generate new ideas and meanings, foster interdisciplinary approaches, and lay the groundwork for a sustainable future. Prioritising support for young researchers, enhancing infrastructure, and promoting knowledge exchange are our essential strategic goals."


The session sparked a discussion on scientific and technological collaboration within the BRICS framework, underscoring the necessity of collectively seeking solutions amid rapid global changes.

@primakov_center @imemo_ran

#NEWS #BRICSExpertCouncil #BRICSExpertCouncilRussia #science #technology

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