BRICS
Russia will back Bangladesh's enhanced role in BRICS
Deputy Foreign Minister of the Russian Federation Sergey A Ryabkov has pledged to advance the “matured” relations with Bangladesh to a new height.
The Deputy Foreign Minister thanked the government of Bangladesh for its renewed commitment to remain engaged with the BRICS process. He assured that the Russian government will support Bangladesh for a greater role in the bloc during its future expansion, according to the Ministry of Foreign Affairs.
The issues were discussed when Foreign Secretary, Ambassador Md Jashim Uddin, held a bilateral meeting with the Russian Deputy Foreign Minister on the sidelines of the 16th BRICS Summit in Kazan, Russia.
During the meeting, both sides discussed areas of mutual interest and cooperation, with a focus on further strengthening the relations between the two countries.
The discussions also featured holding the next Foreign Office Consultations (FOC) in Moscow, Russia.
The Foreign Secretary highlighted the historical ties between Bangladesh and Russia and underscored the importance of cooperation in the areas of energy and food security between two countries.
1 month ago
Dhaka's interest to join BRICS: Beijing assures its support to Dhaka
Chinese Vice Minister for Foreign Affairs Sun Weidong has appreciated Bangladesh’s interest to join BRICS for which he assured of China’s active support.
In 2006, Brazil, Russia, India and China created the "BRIC" group. South Africa joined in 2010, making it "BRICS". Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE) were invited to become members with effect from 1 January 2024.
During the 13th round of bilateral political consultations between Bangladesh and China held in Beijing on June 3, both parties agreed to work jointly for the upcoming visit of Prime Minister Sheikh Hasina to China next month.
Foreign Secretary Masud Bin Momen led the Bangladesh delegation while the Chinese side was led by the Vice Minister for Foreign Affairs Sun Weidong.
The Bangladesh delegation comprised of Ambassador of Bangladesh to China Jashim Uddin, Additional Secretary of ERD Anwar Hossain and officials from the Foreign Ministry and Bangladesh Embassy in China.
Officials from Foreign Ministry of China were present on the other side.
The consultations focused on consolidating bilateral relations, enhancing economic ties, promoting trade and investment and exploring opportunities for cooperation in multilateral platform, according to the Ministry of Foreign Affairs.
The Chinese vice minister underscored the importance of high-level exchanges and people-to-people connectivity.
FTA with China: Bangladesh wants more employment opportunities; investment, says Titu
He conveyed China’s willingness to work together to import mango and other agricultural products from Bangladesh and also to assist skill development of the youth. The Chinese side assured to expedite the repatriation of the Rohingyas sheltered in Bangladesh.
Weidong mentioned that the two countries’ embassies in Dhaka and Beijing may work together for the celebration of 50 years of diplomatic ties between the two countries.
Foreign Secretary Masud mentioned that Bangladesh attaches significant importance to its relations with China based on shared values, mutual respect and common aspirations.
He recalled the visit of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman to China during 1952 and 1957 and expected the book “The New China as I saw” to be published in Chinese language before the upcoming VVIP visit.
6 months ago
A big moment for Bangladesh and its relations with US: South Asia specialist
Director of the South Asia Institute at Wilson Center in Washington, D.C. Michael Kugelman has said it may be more difficult for the US to make a “conclusive judgment” on the upcoming national election results in Bangladesh if opposition BNP boycotts it.
“Because if the Awami League is running against itself, if it gets 98% of the vote, you can't say that those votes were taken away from the BNP. So it's all very unsettled,” he told UNB in an interview, noting that the Biden administration wants a free and fair election in Bangladesh and at the end of the day, the US wants to have a good relationship with Bangladesh.
The government of Bangladesh keeps reiterating that it is committed to holding a “free, fair and peaceful” election in the country. The next national election is likely to be held in December this year or January next.
EU expects next election in Bangladesh to be free, fair and free from violence: Gilmore in exclusive interview
1 year ago
Iran, Saudi Arabia and Egypt are among 6 nations set to join the BRICS economic bloc
Iran and Saudi Arabia are among six nations invited Thursday (August 24, 2023) to join the BRICS bloc of developing economies.
United Arab Emirates, Argentina, Egypt and Ethiopia are also set to join the bloc from 2024.
The announcement was made at the BRICS summit in Johannesburg by South African President Cyril Ramaphosa, whose country is the current BRICS chair.
Also read: China to support Bangladesh in joining BRICS: XI tells Hasina during talks
BRICS is currently made up of the emerging economies of Brazil, Russia, India, China and South Africa. Those five members agreed at this week's summit to expand the bloc.
It's the second time that BRICS has decided to expand. The bloc was formed in 2009 by Brazil, Russia, India and China. South Africa was added in 2010. The BRICS bloc represents around 40% of the world's population and contributes more than a quarter of global GDP.
Three of the group's other leaders are attending the summit and were present alongside Ramaphosa for the announcement, including Brazilian President Luiz Inácio Lula da Silva, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping.
Also read: BRICS: China, Russia and other emerging economies turn to main summit agenda in South Africa
Russian President Vladimir Putin did not travel to the summit after the International Criminal Court issued an arrest warrant for him in March for the abduction of children from Ukraine. He has participated in the summit virtually, while Russia was represented at the announcement in Johannesburg by Foreign Minister Sergey Lavrov.
1 year ago
China to support Bangladesh in joining BRICS: XI tells Hasina during talks
China will always stay beside Bangladesh in its needs that included supporting it in joining the BRICS and ensuring permanent solution to the Rohingya crisis.
Chinese President Xi Jinping on Wednesday (August 23, 2023) evening gave the assurance in a bilateral meeting with Bangladesh Prime Minister Sheikh Hasina at the Hotel Hilton Sandton here on the sidelines of the 15th BRICS Summit.
The Chinese president also gave assurance of cooperation in making Bangladesh a developed, prosperous Sonar Bangla and taking initiative to quicken the signing of the Preferential-free Trade Agreement with Bangladesh and reducing the imbalance in China-Bangladesh trade.
Also read: Unhindered democracy spurs Bangladesh’s advancement: PM Hasina
Foreign Minister AK Abdul Momen briefed reporters after the bilateral talks between the two leaders.
During the meeting, he said, both the leaders invited one another to visit their respective countries at their convenient time and they have agreed to this respect.
“I will always support you (Sheikh Hasina) as you can join the BRICS,” Momen quoted the Chinese president as saying l.
Regarding the Rohingya issue, Xi wants to resolve the Rohingya issue through tripartite engagement of China, Bangladesh and Myanmar and assured that they will always support Bangladesh to this end.
Also read: Join our journey of becoming a trillion-dollar economy: PM Hasina tells South African businesses
“China will help Bangladesh in bringing a permanent solution to the Rohingya issue. ---we don’t want instability in the region,” he was quoted as saying by the foreign minister.
Bangladesh prime minister said that her government wants to repatriate Rohingyas to their homeland citing that they are becoming threats for the peace of the region as many of them are engaged in illegal drugs and arms trading.
Also read: PM Hasina reaches Johannesburg to attend BRICS summit
“Peace is imperative for development,” she said.
Xi also expressed his country’s keenness to help Bangladesh in the development of energy, renewable energy and infrastructure.
“China will help you materialise your dream to build a developed and prosperous ‘Sonar Bangla’ at the quickest possible time.”
Hasina also sought the Chinese president’s help in quick implementation of some Chinese funded projects which are now being stuck for fund crisis while the Chinese leader is assured of looking into the matters.
Read more: BRICS Summit 2023 unveils potential geopolitical paradigm shift: Modern Diplomacy
During the talks, the prime inister stressed the need for reducing the trade gap between Bangladesh and China citing that Bangladesh has currently imported Chinese goods worth about 20 billion US dollars every year while China imported Bangladeshi goods worth only 700 million US dollars.
The Chinese president in reply said they must address the issue and said that China has given duty and quota free access to 98 percent Bangladeshi products to the Chinese market.
Hasina said that the trade gap between Bangladesh and China will be reduced if some Chinese investments come to Bangladesh.
She also stressed the need for signing the Preferential Trade Agreement (PTA) between the two countries.
“We will take measures to quicken the signing of the Preferential Trade Agreement between the countries,” Xi said in reply.
Read more: BRICS Summit: Hasina, Modi likely to hold meeting on the sidelines
Momen said that Bangladesh has expressed its eagerness to export fresh fruits such as mango, jackfruit, guava, fresh vegetables and cattle and poultry feeds to China.
The Chinese leader assured them that they must consider it, Momen said.
Bangladesh premier invited the Chinese President to visit Bangladesh to witness the opening of the Padma Rail Bridge to be held in October next.
In reply, the Chinese president said that he will definitely come to Bangladesh.
“But the time of visit will be fixed through talks between foreign ministers of both the countries.”
Read more: 2023 BRICS Summit: Lot of interest in how new members are chosen and which countries would be eligible
Xi Jingping also invited Bangladesh PM to visit China and in reply Sheikh Hasina said she will visit China.
“But it may take time as she will be busy with the election campaign as the national election is knocking the door, the foreign minister said.
Sheikh Hasina urged the Chinese President to widen the scope for Bangladeshi students to study in China while Xi assured of looking into the matter.
Foreign Minister AK Abdul Momen, Prime Minister's Private Industry and Investment Adviser Salman Fazlur Rahman, PM's daughter and Thematic Ambassador of Climate Vulnerable Forum and Chairperson of the National Advisory Committee for Autism and Neurodevelopmental Disorders Saima Wazed, PM's Principal Secretary Md Tofazzel Hossain Miah and Senior Secretary of Foreign Affairs Masud Bin Momen, were present in the meeting.
Read more: Developed countries should be happy that BRICS would like to help developing nations: Momen
1 year ago
Developed countries should be happy that BRICS would like to help developing nations: Momen
Bangladesh thinks the group of major emerging economies — Brazil, Russia, India, China and South Africa (BRICS) — should not be considered “platform of geopolitics”, but a supportive platform for emerging economies to help developing countries.
“The developed countries should be happy that the BRICS emerging countries, who have resources, would like to help developing countries,” Foreign Minister AK Abdul Momen told journalists at a media briefing at the Ministry of Foreign Affairs on Sunday, ahead of Prime Minister Sheikh Hasina’s visit to Johannesburg, South Africa to attend the BRICS Summit 2023.
The briefing was arranged to highlight PM Hasina’s engagements at the BRICS Summit.
State Minister for Foreign Affairs Md Shahriar Alam, Foreign Secretary Masud Bin Momen and Ministry Spokesperson Seheli Sabrin, among others, were present.
Read: India is a mature govt, they can say something for regional interest: Momen
Momen said it should be win-win for all the countries though some people speak more about the geopolitical tension for some reason.
The BRICS will hold its 15th heads of state and government summit in Johannesburg from August 22 to 24.
Momen, however, said the countries of the Global South are facing difficulties as many banks were expelled from the SWIFT, a bank messaging system for transacting dollars.
“Many speak about de-dollarisation, but it is not easy. We don’t have much to comment on this,” he said.
Read: BRICS Summit: Hasina, Modi likely to hold meeting on the sidelines
“So, if the emerging countries support us with funding, the developed countries should be happy. In that case, their responsibilities will be shared. None is their enemy,” Momen added.
Indian Prime Narendra Modi and Chinese President Xi Jinping are among the global leaders who are traveling to South Africa this week for the BRICS Summit.
India and China are two core members of the BRICS nations, which also include Brazil, Russia and South Africa.
A regular flight (EK 583) of the Emirates Airlines is scheduled to depart from Hazrat Shahjalal International Airport (HSIA) with Prime Minister Hasina and her entourage members at 10:15 am on August 22.
The flight will arrive at the O.R. Tambo International Airport, Johannesburg, South Africa at 20:50 hrs after a short stopover at the Dubai International Airport.
Read: US being profoundly vocal on human rights should hand over Bangabandhu’s self-confessed killer: Shahriar Alam
The Prime Minister will be received by a minister-in-waiting of the South Africa government and High Commissioner of Bangladesh to South Africa at the airport from where Sheikh Hasina will be escorted to the Place of Residence, Radisson Blu Hotel Sandton Johannesburg.
On her first day of engagement in Johannesburg, the Prime Minister will attend the Bangladesh Trade and Business Summit at 10 am at the Radisson Hotel and Convention Center on August 23.
On the same day, she will attend and speak at the Bangladesh Envoys Conference in South Africa at the Palace of Residence at 12:30 pm.
The Premier is likely to hold a bilateral meeting with Chinese President XI Jinping at Hotel Hilton, Sandton at 3:30 pm.
Read: Busy schedule awaits PM Hasina during her BRICS visit to South Africa
She will later attend a banquet and cultural show at the Gallagher Estate, Johannesburg.
On August 24, the Prime Minister will attend the Friends of BRICS Leaders Dialogue (BRICS-Africa Outreach and the BRICS Plus Dialogues) to begin from 9 am at the Sandton Convention Centre.
She is scheduled to deliver a speech at the summit for five minutes.
On the sideline of the summit, the Prime Minister is expected to hold several bilateral meetings with President of South Africa Cyril Ramaphosa, President of Brazil Luiz Inácio Lula da Silva, President of Mozambique Filipe Jacinto Nyusi and President of the New Development Bank Dilma Vana Rousseff at the Sandton Convention Centre.
She will attend a luncheon hosted by President of South Africa, Cyril Ramaphosa.
The Premier will attend a meeting of the community leaders on August 25.
Sheikh Hasina will depart the O.R. Tambo International Airport by a flight (EK 762) of the Emirates Airlines at 13:40 pm (local time) and will arrive at Hazrat Shahjalal International Airport at 8:40 pm on August 27 following a brief stopover at the Dubai International Airport.
Read more: Bangladesh's inclusion in BRICS depends on members: Foreign Minister
1 year ago
BRICS Summit: Hasina, Modi likely to hold meeting on the sidelines
Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi are likely to hold a meeting in Johannesburg, South Africa, on the sidelines of the BRICS Summit. Both South Asian leaders are traveling to the African country this week.
They will be visiting Johannesburg, South Africa from August 22 to 24 to attend the 15th BRICS Summit at the invitation of Matamela Cyril Ramaphosa, President of the Republic of South Africa.
During his visit, Indian Prime Minister Modi will hold bilateral meetings with some of the leaders present in Johannesburg, said the Indian Ministry of External Affairs without mentioning names.
Bangladesh's inclusion in BRICS depends on members: Foreign Minister
Prime Minister Hasina will also attend the G20 Summit in India in September.
The 18th G20 Heads of State and Government Summit in New Delhi on September 9-10 will be a culmination of all the G20 processes and meetings held throughout the year among ministers, senior officials, and civil societies.
A G20 Leaders’ Declaration will be adopted at the conclusion of the New Delhi Summit, stating leaders’ commitment towards the priorities discussed and agreed upon during the respective ministerial and working group meetings.
BRICS Summit 2023 unveils potential geopolitical paradigm shift: Modern Diplomacy
Talking to reporters, Foreign Minister Dr AK Abdul Momen had earlier said that New Delhi will be better than Johannesburg for a bilateral meeting with Indian PM Modi. The two countries are already in touch regarding the meeting.
Momen also said that Africa is a “rising star”, and Bangladesh wants to make stronger connections with countries in the continent.
“Our relations with African countries are not that strong. We have opened two missions there. The prime minister will give them instructions (to make greater efforts),” he remarked.
This will be the first in-person BRICS Summit since 2019. The Summit will provide an opportunity to review progress of the initiatives launched by the grouping, and identify future areas of activity.
2023 BRICS Summit: Lot of interest in how new members are chosen and which countries would be eligible
Prime Minister Modi will also participate in a special event “BRICS – Africa Outreach and BRICS Plus Dialogue” being organised after the BRICS Summit, which will include other countries invited by South Africa.
1 year ago
BRICS Summit 2023 unveils potential geopolitical paradigm shift: Modern Diplomacy
The upcoming summit of BRICS, a group of major emerging economies – Brazil, Russia, India, China and South Africa, holds significant implications for global geopolitics, reported Modern Diplomacy on Friday (August 11, 2023).
The summit has its central agenda revolving around the launch of a common currency among the member nations, the report said, adding that the move, aimed at reducing the dominance of the U.S. Dollar in international trade, has the potential to reshape the geopolitical landscape and challenge American supremacy.
"For decades, the U.S. Dollar has reigned supreme in global trade and transactions, affording the United States unparalleled economic and geopolitical leverage. The U.S. has been using dollar and economy as tools to coerce and pressurize its adversaries," it said. "Imposing sanctions was a common tool against its rivals to achieve political goals."
2023 BRICS Summit: Lot of interest in how new members are chosen and which countries would be eligible
There has been a growing sentiment against the U.S. hegemony, supremacy and coercion. "The proposed launch of a BRICS common currency or de-dollarization aims to alter this status quo, potentially diminishing the American influence and power that is closely tied to the dollar's dominance," it said.
"BRICS is a strong Alliance and plays a huge role in Global Trade and Investments, and above all, it is above American influence," it added. "BRICS is in a position to transform the global economy in total. This move represents a growing discontent with the U.S. dollar's global dominance and a push toward Eastern superiority."
BRICS Summit: PM Hasina’s meetings on sidelines yet to be confirmed, says foreign ministry spokesperson
1 year ago
2023 BRICS Summit: Lot of interest in how new members are chosen and which countries would be eligible
As the leaders of Brazil, Russia, India, China, and South Africa get ready to meet for the 15th BRICS summit, on August 22–24, observers have high hopes for what will come out of the meeting.
It will be the first time that representatives of the five emerging economies will meet in person – in South Africa – since the COVID-19 pandemic. Many other countries are looking to BRICS as a way to help their own economies recover as well, according to an article published today by China Daily. It was shared by the Chinese embassy in Dhaka.
Since the group’s growth is likely to be announced at the BRICS summit, there is a lot of interest in how new members are chosen and which countries would be eligible.
The article quotes Philani Mthembu, executive director of the Institute for Global Dialogue at University of South Africa, saying the fact that the summit will be BRICS’ first physical meeting since the COVID-19 pandemic shows that the member countries are making progress towards recovery, even though the Ukraine war has affected all.
BRICS Summit: PM Hasina’s meetings on sidelines yet to be confirmed, says foreign ministry spokesperson
‘BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism’ is the theme of this year’s summit.
Mthembu remarked on the multilateral aspect: “There is an acknowledgment that multilateralism has been in crisis in the last few years. It has not achieved the things it set out to do… One of the key focus areas in the theme is strengthening inclusive multilateralism. It is important that South Africa brings an African focus into the theme.”
Kenyan scholar Cavince Adhere, who studies international relations and focuses on China-Africa development cooperation, said that African countries expect BRICS to give them more chances to trade and invest with member countries.
PM Hasina formally invited to attend BRICS Summit in South Africa
Noting that the people of the BRICS countries make up more than 40% of the world’s population as a whole, he said that access to these large markets could help many emerging economies in Africa grow and develop quickly.
The China Daily article quoted Adhere as saying, “In an increasingly polarized world, BRICS can create an enabling avenue for African countries to fashion a more inclusive global economic and political order, which has been dominated by Western powers.”
Opposition to BRICS proves BNP is against development of the country: Info Minister
He said the fact that more than 40 countries have said they want to join BRICS at the summit shows how popular the group is, since most countries think that if they join, they can solve their development problems.
Bangladesh Prime Minister Sheikh Hasina will attend the BRICS Summit 2023, the foreign ministry has confirmed.
Bangladesh has received the formal invitation from the host South Africa. The summit will be hosted at the Sandton Convention Centre (SCC) in Johannesburg.
Earlier, Foreign Minister AK Abdul Momen had said that Bangladesh is likely to become a member of BRICS in August this year.
“BRICS leaders are thinking of taking some emerging economies – around eight new countries including Saudi Arabia, United Arab Emirates, Indonesia and Bangladesh,” he told reporters.
Bangladesh, India have stepped into new era that will help both economies: Shahriar Alam
1 year ago
China hosts BRICS meeting amid rising economic concerns
Chinese President Xi Jinping on Thursday is hosting a virtual summit with the leaders of Brazil, Russia, India and South Africa collectively known as the “BRICS,” amid rising concerns over the global economic outlook and a growing political divide between Beijing and New Delhi.
While no agenda has been issued for the talks, Ukraine is likely to feature heavily in the background. China has refused to condemn Russia's invasion while criticizing sanctions brought against Moscow. India has bought large amounts of Russian oil at a heavy discount, and South Africa abstained on a United Nations vote condemning Russia's actions.
Along with Xi, Indian Prime Minister Narendra Modi, Russian President Vladimir Putin, South African President Cyril Ramaphosa and Brazilian President Jair Bolsonaro are scheduled to join the two days of discussions.
China has sought to use the BRICS meetings to further its vision of an alliance to counter the U.S.-led liberal democratic world order while expanding its economic and political footprint.
Read: China says Ukraine crisis has sounded alarm for humanity
That has produced few tangible results, but Xi remains committed to the idea of an alternative — and principally authoritarian — global governance mode, investing heavily in countries like Cambodia while cracking down on civil rights in Hong Kong and boosting its military to assert its claims in the South China Sea and threats to annex Taiwan by force.
In an address to the BRICS Economic Summit on Wednesday, Xi said the conflict in Ukraine has “sounded an alarm for humanity,” continuing its formal position of neutrality while backing its ally Russia.
Xi said imposing sanctions could act as a “boomerang” and a “double-edged sword,” and that the global community would suffer from “politicizing, mechanizing and weaponizing” global economic trends and financial flows.
“Economic globalization is an objective requirement for the development of productive forces and an irresistible historical trend,” Xi said.
In a recorded video, Bolsonaro made no mention of any country and said that “the current international context is a cause for concern because of the risks to trade and investment flows to the stability of energy supply chains and investment."
“Brazil’s response to these challenges is not to close itself off. On the contrary, we have sought to deepen our economic integration," he added.
The BRICS collective was founded in 2009 when the countries were seen as the potential engine for future global economic growth.
Since then, South Africa and Brazil have seen their economies become mired in crisis while China’s growth has sharply declined and Russia has become embroiled in its invasion of Ukraine and punishing economic sanctions imposed by the West.
China and India have meanwhile feuded over their disputed border and New Delhi’s defense partnership with the U.S., Japan and Australia in what is known as “The Quad.” Skirmishes along the frontier resulted in a major standoff in 2020 leading to casualties on both sides.
2 years ago