Former Brazilian President Dilma Rousseff has been elected Friday to head the New Development Bank (NDB), also known as the BRICS Bank to replace Marcos Troyjo, who had held the post since July 2020. Rousseff will remain at the helm of the Shanghai-based financial institution until the end of Brazil's mandate in July 2025. Each BRICS country (Brazil, Russia, India, China, and South Africa) chairs the bank for rotating five-year terms. She will take office later next week during President Luiz Inácio Lula Da Silva's visit.
Brazil's Foreign Minister Mauro Vieira told the website Metrópoles that his country would like to have Argentina join the BRICS group, but insisted that for such a move to happen it would depend on the consensus from the other bloc members (Russia, India, China, and South Africa).
South Africa confirmed plans to conduct joint naval drills with BRICS associates navies, Russia and China off its coast this month, from 17/27 February, next to the first anniversary of Russia’s invasion of Ukraine on February 24.
Argentine Foreign Minister Santiago Cafiero Monday thanked his new Chinese colleague Qin Gang during a telephone conversation for the Asian Giant's support for the South American country's claim over the Malvinas/Falkland Islands. Qin Gang had become China's new Foreign Minister on Dec. 30, 2022. Both top diplomats concurred that a peaceful solution was needed for the South Atlantic dispute.
Argentine President Alberto Fernández has withdrawn himself from domestic confrontations within the ruling Frente de Todos (FdT) by focusing on the international agenda that launches him onto the world's center stage in the coming days.
A leading African magazine said in an editorial note Friday that Luiz Inácio Lula Da Silva's victory and impending return to the presidency of Brazil last Sunday spelled good news for the entire continent, which had been cast aside under the incumbent Jair Bolsonaro.
Argentine Foreign Minister Santiago Cafiero Wednesday discussed his country's joining BRICS with his Chinese colleague Wang Yi on the sidelines of the 77th United Nations General Assembly in New York.
Argentina has sent a BRICS' formal membership application to Chinese authorities this week. Beijing since last June current holds the chair of the Brazil, Russia, India, China and South African powerful trade and cooperation block
Argentina has shown interest in buying India’s fully indigenous Tejas fighter jets, and on Saturday agreed to strengthen defense and trade ties with India. On that very day India’s External Affairs Minister Dr. S. Jaishankar and host minister Santiago Cafiero issued a joint press statement, according to a release from the New Delhi delegation visiting South America.
Argentina's Ambassador to Moscow Eduardo Zuain Monday told the Russian Government that his country was looking forward to becoming a full member of BRICS, the global alliance formed by his hosts together with Brazil, India, China, and South Africa.