Oleg Preksin is Deputy Chairman of the Board of the Russian Financial and Banking Union, Vice-President of the Council of the Association of Banks of Russia, and a member of the Financial Sector Working Group of the BRICS Business Council. He graduated from the Moscow Finance Institute, worked in banking, analytical and administrative spheres in Russia and abroad, and held senior positions in domestic and foreign banks. How would you characterise the BRICS countries’ cooperation in the financial and economic…

The XV India-Russia Business Dialogue will be held in Moscow on 11 December. TV BRICS is the media partner of the event. The event will be attended by diplomats, representatives of the business community and authorities. The focus of attention will be on the current economic agenda and prospects for the development of business relations between Russia and India. The main event of the meeting will be a plenary session dedicated to building a strategic partnership between states and companies,…

The BRICS group was established in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2011. On 1 January 2024, Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia joined the group. In the same year, Russia hosted the Kazan Summit, where these countries participated as full members for the first time. One of the main topics was the creation of a new BRICS investment platform using modern electronic tools. The Role of the NDB In Financing BRICS…

India and South Africa’s Matla-Urja Energy Conference concluded with the signing of an agreement to train future energy professionals. The two-day forum, described as a significant event, attracted more than 200 participants from the energy sector. Consul General Mahesh Kumar highlighted its successes. “We brought together the best of Indian businesses and academia and their counterparts in South Africa. On Wednesday Indian and South African academics and researchers came together to discuss the academic power sector reforms,” Kumar said. He…

Over 500 schoolchildren from various regions of Russia gathered in Moscow at the BRICS Festival. The participants learnt about the culture, languages and traditions of the BRICS countries, as well as about the activities of group’s countries. The event was combined with an open day at the faculty of pre-university education of the Moscow State Institute of International Relations (MGIMO University). Igor Putintsev, Vice-Rector for language and pre-university education, welcomed the students. He emphasised that the training of international specialists…

JOHANNESBURG – At the APEC annual summit in Lima, Comrade Xi Jinping was practically coronated as the King of Peru, as a lively moveable feast celebrated the brand new $1.3 billion Chancay-Shanghai Maritime Silk Road across the Pacific. There could hardly be a more auspicious counterpart to the action in South America than to gather in BRICS member South Africa to discuss African Unity in a Multipolar World, as well as the perennial plagues of racism, fascism, Russophobia and other…

The final meeting of BRICS Sherpas and Sous-Sherpas is taking place in Ekaterinburg on 27-28 November. Sergey Ryabkov, Russia’s Deputy Foreign Minister and a Sherpa in the association, emphasised that the group’s resilience has strengthened with its expansion. During the meeting, the Russian deputy foreign minister summarised the results of Russia’s BRICS chairmanship and thanked his colleagues for their joint work. “Frankly speaking, for us this is both a moment of sadness and a moment of joy. Sadness, because we…

More than 170 events are planned at the Sirius University of Science and Technology, where the IV Young Scientists Congress is taking place. Over 7,000 guests from more than 60 countries will take part in business sessions, round tables, discussions and sports competitions. TV BRICS is the official media partner of the event. On the opening day of the congress, researchers discussed key areas of modern scientific and technological progress. In particular, scientists touched upon such topics as microelectronics, introduction…

Nigeria still seems fixated on the Global North as the wind blows in the opposite direction. The largest foreign investors in Nigeria – the UK, the Netherlands, France and the US – have not changed style since the 1950s. Their investments are mainly elitist, essentially in oil and gas, and ammunition, and portfolio investments, which mainly profit them, not Nigeria. Over time, not much has changed, and little has been done to invest in areas that improve the everyday life…

China’s top economic planner, the National Development and Reform Commission, recently unveiled a raft of measures to boost economic growth. At the same time, China’s central bank, top securities regulators and financial regulator also announced a raft of monetary stimuli, property market supports and capital market strengthening measures to be implemented in the near future to boost the country’s high-quality economic development. These policy measures include a reserve requirement ratio reduction for banks and a mortgage rate reduction for existing…