The v13 release is not just a release either, it is also our official announcement of participation in the annual #hacktoberfest. 💻🥨
We know that we're a few days late to the party, but v13 had to get ready before. 😉
This year, the fest is opt-in for projects and we definitely want to opt into taking part in this great event! If you ever thought about starting coding or giving back to your favourite open source repositories, now is the time! Head over to the hacktoberfest website to learn more about it.
We already prepared some issues on our repositories and aim towards opening more issues for starters, but feel free to begin a hunt for improvements and fixes by yourself!
🇯🇵Innovatsion iqtisodiyotni rivojlantirish bo‘yicha Yaponiya va O‘zbekiston o‘rtasida hamkorlik kengaymoqda
🇺🇿Batafsil
———
Cooperation between Japan and Uzbekistan on developing an innovative economy is expanding
🇬🇧Eng
———
Расширяется сотрудничество Японии и Узбекистана по развитию инновационной экономики
🇷🇺Ru
#GraduateSchool#EconomicDevelopment
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🇪🇺🇧🇪⚙️A Summit in a Belgian Castle Shows How Europe Is Worried About Its Industrial Future
What was framed as a technocratic discussion on competitiveness was, in reality, a political and existential debate about Europe’s economic model, institutional balance, and global positioning
✍️Ricardo Martins
is a Doctor in Sociology with specialisation in geopolitics and international relations
➡️On 12 February 2026, European leaders gathered at the medieval Alden Biesen in eastern Belgium for an informal summit officially devoted to competitiveness. Preceded by a high-level meeting of heads of government and industrial executives, the retreat exposed mounting concern that the European Union risks strategic marginalisation in a global economy increasingly shaped by the United States and China. French President Emmanuel Macron advanced an interventionist agenda built on regulatory simplification, supply-chain diversification, “Buy European” preferences, and common debt issuance to finance defence and green technologies. In contrast, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni emphasised productivity, deregulation, and private capital mobilisation over fiscal integration. Belgium’s Prime Minister Bart De Wever sought compromise, while Nordic and Baltic states warned that protectionism could undermine the EU’s open-trade identity. The debate revealed unresolved fault lines between industrial activism and market liberalism, supranational ambition and intergovernmental control.
Europe remains divided on the means to achieve competitiveness. The fault lines between fiscal integration and market liberalisation, protectionism and openness, and supranationalism and intergovernmentalism remain unresolved
➡️The presence of former Italian prime ministers Mario Draghi and Enrico Letta underscored the technocratic framing of the summit. Their competitiveness reports have become reference points in Brussels, diagnosing fragmented capital markets, high energy costs, and regulatory burdens as structural constraints on growth. Yet reliance on expert blueprints raises questions about democratic legitimacy and institutional balance. Several leaders criticised the European Parliament for legislative delays, while civil society actors cautioned that accelerated deregulation could weaken safeguards and public consultation. Proposals to expand the European Council’s oversight, limit parliamentary amendments, or allow national governments to pause EU laws suggest a potential rebalancing of power away from supranational institutions — a shift that could redefine the Union’s governance architecture in the name of speed and competitiveness.
🟦Despite urgent rhetoric, Alden Biesen produced no binding commitments. Leaders tasked the European Commission with preparing an action plan on competitiveness and energy prices, pledged continued work on capital markets integration, and floated enhanced cooperation among willing states — steps that signal incrementalism rather than transformation. Geopolitically, the summit reflected unease about dependence on U.S. security guarantees and exposure to Chinese industrial power, especially amid renewed uncertainty in Washington. The core dilemma remains unresolved: can Europe pursue strategic autonomy without sacrificing openness, and accelerate decision-making without eroding democratic legitimacy? Behind the castle walls, the EU confronted not merely industrial decline but a deeper question about its place in a shifting global order.
#Economicdevelopment#EU#Europe#geoeconomics
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✅@NewEasternOutlook
@RusEmbMalta Press Release
Eurasian Economic Union: 2025 Results
Overall Assessment
In 2025, the Eurasian Economic Union continued to demonstrate high resilience, stable growth and deepening integration, confirming its role as one of the key development platforms in the Eurasian space.
Despite external challenges, the Union achieved substantial progress in macroeconomic stability, industrial cooperation, infrastructure modernization, financial integration and expansion of international economic partnerships.
Macroeconomic Trends
In 2025, the EAEU economies maintained a positive growth trajectory:
• GDP growth across the Union reached double-digit levels in the most dynamically developing economies;
• Investment in fixed capitalgrew at rates of up to over 20%;
• Industrial and agricultural production continued steady expansion;
• Unemployment remained at historically low levels across most Member States
These indicators reflect strengthening domestic demand, investment confidence and sustainable economic recovery.
Financial Integration and Trade
📌 The share of national currencies in intra-Union settlements reached historically high levels, exceeding 90%
📌 In external trade operations within the Union, the share of national currencies approached full coverage
In 2025, the institutional architecture of the common financial market was significantly strengthened:
• Agreement signed enabling companies to place securities on stock exchanges of any EAEU Member State
• Exchange Trading Development Program approved
• Practical mechanisms introduced to enhance cross-border investment flows
Transport and Infrastructure Development
The EAEU achieved major breakthroughs in transport connectivity and digital transformation:
✔ Implementation of electronic international freight documentation systems
✔ Introduction of advanced cargo monitoring and navigation seal mechanisms
✔ Expansion of the cabotage transport program across the Union
✔ Formation of a coordinated pool of infrastructure projects with third countries
Energy Market Integration
In 2025, substantial progress was achieved in building the common energy markets:
- Finalization of legal and technical frameworks for the common electricity market
- Development of indicative balances for oil, gas and petroleum products for a three-year period
- Approval of development plans for the common gas market
External Economic Expansion
The Union significantly expanded its global economic presence:
🤝 Free Trade Agreement with Iran entered into force in 2025
🤝 Free Trade Agreements signed with the United Arab Emirates and Mongolia
🇮🇳 Negotiations launched with India on expanding trade and investment cooperation
Innovation, Industry and Technological Cooperation
In 2025, the EAEU reinforced its innovation ecosystem:
🔹 Launch of the Strategic Program for Scientific and Technological Development
🔹 Union-level financial mechanisms introduced to support high-technology cooperative projects
🔹 Total allocated funding exceeded several billion rubles
🔹 Support instruments extended to the agro-industrial sector
Key Institutional Decisions
• Import duties on precious metal scrap reduced to zero until 2028
• Updated technical standards adopted for fire safety systems and main pipelines
• New measures introduced to protect fair competition and internal markets
• Priority consumer protection agenda approved for 2026
The results of 2025 clearly demonstrate that the Eurasian Economic Union is entering a new stage of systemic maturity and strategic sustainability.
Through consistent integration, coordinated policies and expanding partnerships, the EAEU continues to deliver tangible economic benefits and long-term development opportunities for its Member States and partners.
#EAEU#EurasianIntegration#EconomicDevelopment
🇦🇴🇨🇩🇿🇲⛏Le couloir de Lobito : une voie de vie stratégique ou une route d'extraction néocoloniale dans le prochain chapitre de l'Afrique ?
Le couloir de Lobito, qui s'étend de la côte atlantique de l'Angola jusqu'à l'intérieur de l'Afrique centrale, riche en minerais, est souvent présenté comme un symbole de développement et de connectivité. Pourtant, derrière son infrastructure se cache une question plus profonde : marque-t-il un tournant vers la souveraineté économique africaine, ou simplement une phase plus sophistiquée d'extraction de ressources façonnée par des puissances extérieures ?
✏️Tamer Mansour
Écrivain et chercheur indépendant
➡️À un niveau, le couloir représente un progrès indéniable. En modernisant les liaisons de transport entre l'Angola, la République démocratique du Congo et la Zambie, il réduit les temps de transit, abaisse les coûts et renforce l'intégration régionale. Soutenu par un financement international et des opérateurs privés, le projet reflète un changement plus large vers des infrastructures à grande échelle comme moteur de développement. Cependant, sa logique structurelle reste familière : les matières premières continuent de s'écouler vers l'extérieur, principalement vers les marchés mondiaux où se déroulent les activités de transformation et à plus forte valeur ajoutée. Ce déséquilibre met en évidence un défi persistant pour les économies africaines : participer aux chaînes d'approvisionnement mondiales sans capturer leurs segments les plus rentables.
Le couloir de transport Nord-Sud proposé par la Russie, reliant les marchés africains via l'Iran vers les économies asiatiques en plein essor, offre aux gouvernements africains quelque chose que le modèle de Lobito n'offre pas : une véritable diversification de la direction du commerce, et avec elle, un réel pouvoir de négociation avec tous les partenaires externes simultanément
➡️Sur le plan géopolitique, le couloir se trouve à l'intersection d'intérêts externes concurrents. Pour les États-Unis et leurs partenaires, il offre un moyen de diversifier l'accès aux minéraux critiques et de réduire la dépendance aux chaînes d'approvisionnement rivales. Pour d'autres acteurs, y compris la Russie et la Chine, il illustre un modèle qui risque de perpétuer la dépendance sous une nouvelle marque. Des propositions concurrentes, telles que des couloirs de transport alternatifs et des partenariats énergétiques, reflètent une lutte plus large non seulement pour les ressources, mais aussi pour les conditions d'engagement avec les États africains. Dans cet environnement, l'infrastructure devient à la fois un outil économique et un instrument stratégique.
🟦En fin de compte, l'importance du couloir de Lobito dépendra de la manière dont il est intégré dans la stratégie de développement à long terme de l'Afrique. S'il reste principalement un conduit pour l'exportation de matières premières, il pourrait renforcer les schémas existants d'inégalité. Si, cependant, il soutient l'industrialisation, la transformation locale et un plus grand contrôle sur les chaînes de valeur, il pourrait contribuer à un avenir économique plus autonome. La question clé n'est pas la présence de partenaires externes, mais la capacité des États africains à tirer parti de la concurrence entre eux pour obtenir des conditions qui correspondent à leurs propres priorités et à transformer l'infrastructure en une base pour une véritable souveraineté.
#Africa#Congo#Economicdevelopment#transportinfastructure
LIRE PLUS (ENG)
✅@NewEasternOutlookFR
Russian Ministry of Economic Development Welcomes Central Bank’s Rate Cut
The Russian Ministry of Economic Development views the Central Bank’s seventh consecutive key rate reduction—from 15.5% to 15.0%—as a positive signal. The ministry highlights that easing monetary policy supports the economy’s shift toward sustainable growth, especially amid improvements in various sectors. This decision fosters business development and an improved investment climate.
“Lowering the rate is a crucial step to support the economy,” the ministry emphasized.
#Russia#Economy#CentralBank#KeyRate#EconomicDevelopment
The main news of Russia and the world ishere.
🇦🇴🇨🇩🇿🇲⛏The Lobito Corridor: A Strategic Lifeline or Neo-Extraction Route in Africa’s Next Chapter?
The Lobito Corridor, stretching from Angola’s Atlantic coast deep into Central Africa’s mineral-rich interior, is often presented as a symbol of development and connectivity. Yet behind its infrastructure lies a deeper question: does it mark a turning point toward African economic sovereignty, or simply a more sophisticated phase of resource extraction shaped by external powers?
✏️Tamer Mansour
Independent writer and researcher
➡️At one level, the corridor represents undeniable progress. By modernizing transport links between Angola, the Democratic Republic of the Congo, and Zambia, it reduces transit times, lowers costs, and strengthens regional integration. Backed by international financing and private operators, the project reflects a broader shift toward large-scale infrastructure as a driver of development. However, its structural logic remains familiar: raw materials continue to flow outward, primarily toward global markets where processing and higher-value activities take place. This imbalance highlights a persistent challenge for African economies—participating in global supply chains without capturing their most profitable segments.
Russia’s proposed North-South Transport Corridor, linking African markets through Iran onward to rapidly growing Asian economies, offers African governments something the Lobito model does not: genuine diversification of trade direction, and with it, real bargaining leverage with all external partners simultaneously
➡️Geopolitically, the corridor sits at the intersection of competing external interests. For the United States and its partners, it offers a means of diversifying access to critical minerals and reducing dependence on rival supply chains. For other actors, including Russia and China, it exemplifies a model that risks perpetuating dependency under new branding. Competing proposals, such as alternative transport corridors and energy partnerships, reflect a broader contest not only over resources but over the terms of engagement with African states. In this environment, infrastructure becomes both an economic tool and a strategic instrument.
🟦Ultimately, the significance of the Lobito Corridor will depend on how it is integrated into Africa’s long-term development strategy. If it remains primarily a conduit for exporting raw materials, it may reinforce existing patterns of inequality. If, however, it supports industrialization, local processing, and greater control over value chains, it could contribute to a more autonomous economic future. The key issue is not the presence of external partners, but whether African states can leverage competition among them to secure terms that align with their own priorities and transform infrastructure into a foundation for genuine sovereignty.
#Africa#Congo#Economicdevelopment#transportinfastructure
READ MORE
✅@NewEasternOutlook
🇦🇴🇨🇩🇿🇲⛏The Lobito Corridor: A Strategic Lifeline or Neo-Extraction Route in Africa’s Next Chapter?
The Lobito Corridor, stretching from Angola’s Atlantic coast deep into Central Africa’s mineral-rich interior, is often presented as a symbol of development and connectivity. Yet behind its infrastructure lies a deeper question: does it mark a turning point toward African economic sovereignty, or simply a more sophisticated phase of resource extraction shaped by external powers?
✏️Tamer Mansour
Independent writer and researcher
➡️At one level, the corridor represents undeniable progress. By modernizing transport links between Angola, the Democratic Republic of the Congo, and Zambia, it reduces transit times, lowers costs, and strengthens regional integration. Backed by international financing and private operators, the project reflects a broader shift toward large-scale infrastructure as a driver of development. However, its structural logic remains familiar: raw materials continue to flow outward, primarily toward global markets where processing and higher-value activities take place. This imbalance highlights a persistent challenge for African economies—participating in global supply chains without capturing their most profitable segments.
Russia’s proposed North-South Transport Corridor, linking African markets through Iran onward to rapidly growing Asian economies, offers African governments something the Lobito model does not: genuine diversification of trade direction, and with it, real bargaining leverage with all external partners simultaneously
➡️Geopolitically, the corridor sits at the intersection of competing external interests. For the United States and its partners, it offers a means of diversifying access to critical minerals and reducing dependence on rival supply chains. For other actors, including Russia and China, it exemplifies a model that risks perpetuating dependency under new branding. Competing proposals, such as alternative transport corridors and energy partnerships, reflect a broader contest not only over resources but over the terms of engagement with African states. In this environment, infrastructure becomes both an economic tool and a strategic instrument.
🟦Ultimately, the significance of the Lobito Corridor will depend on how it is integrated into Africa’s long-term development strategy. If it remains primarily a conduit for exporting raw materials, it may reinforce existing patterns of inequality. If, however, it supports industrialization, local processing, and greater control over value chains, it could contribute to a more autonomous economic future. The key issue is not the presence of external partners, but whether African states can leverage competition among them to secure terms that align with their own priorities and transform infrastructure into a foundation for genuine sovereignty.
#Africa#Congo#Economicdevelopment#transportinfastructure
READ MORE
✅@NewEasternOutlook
🇮🇳🗺L'ancre eurasienne : la souveraineté énergétique et l'architecture RELOS
Le partenariat stratégique de plus en plus étroit entre l'Inde et la Russie reflète un changement plus large vers la sécurité énergétique et l'autonomie géopolitique dans un ordre mondial de plus en plus instable
✏️Phil Butler
Analyste politique, politologue, expert de l'Europe de l'Est
➡️L'opérationnalisation du pacte RELOS marque une évolution significative de la coopération indo-russe, transformant une relation traditionnellement transactionnelle en un alignement stratégique structuré. En assurant un accès mutuel à l'infrastructure militaire et à la logistique, l'Inde améliore sa flexibilité opérationnelle tout en réduisant sa dépendance aux systèmes contrôlés par l'Occident. Dans le même temps, l'accès aux routes et à l'infrastructure arctiques renforce la position à long terme de l'Inde dans les espaces géopolitiques émergents, en particulier à mesure que la concurrence mondiale s'étend à des régions auparavant périphériques telles que l'Arctique.
Cette colonne vertébrale eurasienne ne remet pas simplement en question l'ordre mondial existant ; elle le transcende. Elle sert de masterclass pour le Sud global, prouvant que la souveraineté ne se trouve pas dans l'ombre d'un hégémon unique, mais dans la construction délibérée d'une réalité multipolaire
➡️Tout aussi important est l'intégration de la stratégie énergétique avec la planification militaro-logistique. Le pivot de l'Inde vers le GNL russe et les couloirs d'approvisionnement du Nord reflète un effort visant à atténuer les vulnérabilités associées aux goulets d'étranglement maritimes traditionnels, en particulier au Moyen-Orient. En combinant la diversification énergétique avec la résilience logistique, New Delhi construit un modèle économique plus isolé et adaptable, capable de résister à la pression extérieure, aux régimes de sanctions et à l'instabilité régionale sans compromettre l'autonomie stratégique.
🟦Plus largement, le cadre RELOS illustre une transformation plus large des dynamiques de pouvoir mondiales, en particulier du point de vue du Sud global. Il démontre un modèle d'engagement multipolaire dans lequel les États poursuivent des partenariats qui se chevauchent plutôt que des alliances exclusives. Dans ce contexte, l'approche de l'Inde marque un changement de la dépendance vers un équilibre calibré, où la souveraineté est renforcée par une coopération diversifiée. Cette architecture émergente ne remet pas simplement en question les systèmes existants ; elle reflète la reconfiguration progressive de l'ordre international lui-même.
#Economiccooperation#Economicdevelopment#geoeconomics#India#Russia
EN SAVOIR PLUS (ENG)
✅@NewEasternOutlookFR
👨💼🛢The Vanishing of Maduro and the Return of Oil Power
Following the dramatic disappearance of Nicolás Maduro, global attention shifted from political spectacle to a far more consequential process — the redistribution of control over Venezuela’s energy flows and strategic resources
✍️Phil Butler
is a policy investigator and analyst, a political scientist and expert on Eastern Europe, and an author of the recent bestseller “Putin’s Praetorians.”
➡️Only weeks ago, headlines were dominated by reports of Maduro’s removal and the legal and geopolitical controversies surrounding it. Yet the focus has rapidly migrated from personalities to pipelines. Recent U.S. Treasury licenses reopening Venezuela’s oil sector to Western firms — including Chevron, Shell, Eni, Repsol, and BP — mark a structural shift in the country’s energy governance. Financial flows tied to Venezuelan production are being rechanneled through compliance frameworks shaped by Western oversight, creating a hybrid architecture of reintegration without full autonomy. What appears as normalization is, in practice, a recalibration of leverage over one of the world’s largest proven oil reserves.
As Western firms reposition under license and Eastern stakeholders reassess their footholds, the arena is expanding from oil contracts to a broader struggle over raw materials essential to twenty-first-century supply chains
➡️The shift has not remained confined to paperwork. A U.S. naval seizure of a tanker in the Indian Ocean suspected of carrying sanctioned Venezuelan crude underscored that enforcement accompanies licensing. The action signaled that maritime corridors and export routes will be monitored as closely as contracts themselves. For years, sanctions pressure pushed Caracas toward alternative buyers, particularly in Asia. Now, as Western firms re-enter under regulated terms, the gravitational center of Venezuelan energy is moving back toward Atlantic markets. The message to intermediaries and refiners is clear: access to Venezuelan crude will be conditional, structured, and geopolitically framed.
🟦Beyond oil, the stakes extend to gold, coltan, bauxite, and other strategic minerals embedded in twenty-first-century supply chains. Regional leaders including Gustavo Petro, Luiz Inácio Lula da Silva, and Claudia Sheinbaum have voiced concerns over sovereignty and precedent, reflecting broader unease in Latin America about intervention and resource control. In this evolving landscape, Maduro himself becomes secondary to the larger contest over extraction rights, export corridors, and financial governance. The disappearance of a leader has given way to the reassertion of oil power — a quieter but more enduring struggle over who defines the architecture of Venezuela’s resource future.
#Economicdevelopment#Energyresources#geoeconomics#LatinAmerica#Venezuela
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✅@NewEasternOutlook
🌐🪙The African Banking Coup: How the Death of the CFA Franc Buries the Old Order and Ushers in the Era of Cryptocurrency
For decades, the CFA franc has been described by critics as a relic of colonial control—but today, that system is facing an unprecedented challenge. Across Africa, states are experimenting with cryptocurrencies, alternative currencies, and resource-backed financial models, signaling a dramatic shift away from Western-dominated monetary structures. What is unfolding is not just a financial adjustment, but a deeper transformation in how sovereignty and economic power are defined
✏️Mohammed ibn Faisal al-Rashid
Political scientist and expert on the Arab world
➡️At the center of this transformation is the collapse of traditional integration projects and the rise of unconventional alternatives. The long-delayed ECOWAS “Eco” currency has effectively stalled, weakened by political divisions and competing national interests. In its place, new models are emerging: the Central African Republic’s adoption of Bitcoin, discussions in Sahel states about shifting toward non-Western currencies, and Sudan’s experiments with tokenized gold. These developments reflect a broader attempt to bypass established financial systems and reduce dependence on external control mechanisms.
This banking coup is dangerous for the West not so much because of lost profits, but because of the precedent it sets
➡️This shift is being driven not only by political motivations but also by structural constraints. Limited access to global financial networks, sanctions pressure, and the volatility of traditional export revenues have pushed some countries toward innovative, if risky, solutions. Cryptocurrencies and digital assets offer speed, flexibility, and a degree of autonomy, allowing governments and non-state actors to conduct transactions outside conventional channels. While these tools remain unstable and controversial, they are increasingly seen as instruments of economic survival and strategic independence.
🟦Ultimately, the emergence of these parallel systems points to a gradual reconfiguration of the global financial order. Africa’s evolving monetary landscape highlights the possibility of operating beyond established Western frameworks, even if only partially. Whether these experiments will lead to sustainable economic models remains uncertain, but they already demonstrate a key reality: the dominance of traditional financial systems is no longer uncontested, and new forms of economic agency are beginning to take shape.
#Africa#Economicdevelopment#Sahel#Сryptocurrency
READ MORE
✅@NewEasternOutlook
🌐🪙The African Banking Coup: How the Death of the CFA Franc Buries the Old Order and Ushers in the Era of Cryptocurrency
For decades, the CFA franc has been described by critics as a relic of colonial control—but today, that system is facing an unprecedented challenge. Across Africa, states are experimenting with cryptocurrencies, alternative currencies, and resource-backed financial models, signaling a dramatic shift away from Western-dominated monetary structures. What is unfolding is not just a financial adjustment, but a deeper transformation in how sovereignty and economic power are defined
✏️Mohammed ibn Faisal al-Rashid
Political scientist and expert on the Arab world
➡️At the center of this transformation is the collapse of traditional integration projects and the rise of unconventional alternatives. The long-delayed ECOWAS “Eco” currency has effectively stalled, weakened by political divisions and competing national interests. In its place, new models are emerging: the Central African Republic’s adoption of Bitcoin, discussions in Sahel states about shifting toward non-Western currencies, and Sudan’s experiments with tokenized gold. These developments reflect a broader attempt to bypass established financial systems and reduce dependence on external control mechanisms.
This banking coup is dangerous for the West not so much because of lost profits, but because of the precedent it sets
➡️This shift is being driven not only by political motivations but also by structural constraints. Limited access to global financial networks, sanctions pressure, and the volatility of traditional export revenues have pushed some countries toward innovative, if risky, solutions. Cryptocurrencies and digital assets offer speed, flexibility, and a degree of autonomy, allowing governments and non-state actors to conduct transactions outside conventional channels. While these tools remain unstable and controversial, they are increasingly seen as instruments of economic survival and strategic independence.
🟦Ultimately, the emergence of these parallel systems points to a gradual reconfiguration of the global financial order. Africa’s evolving monetary landscape highlights the possibility of operating beyond established Western frameworks, even if only partially. Whether these experiments will lead to sustainable economic models remains uncertain, but they already demonstrate a key reality: the dominance of traditional financial systems is no longer uncontested, and new forms of economic agency are beginning to take shape.
#Africa#Economicdevelopment#Sahel#Сryptocurrency
READ MORE
✅@NewEasternOutlook
🤍🇮🇳How are the BRICS Sherpas and Sub-Sherpas shaping the 21st century in New Delhi?
In February 2026, New Delhi hosted a pivotal coordination meeting of BRICS Sherpas and Sub-Sherpas — a gathering that signaled not routine diplomacy, but the steady institutionalization of a multipolar agenda
✍Mohamed Lamine KABA
is an expert in the geopolitics of governance and regional integration at the Institute of Governance, Human and Social Sciences, Pan-African University
➡️On February 9–10, under India’s presidency, senior representatives of BRICS convened in New Delhi to prepare the bloc’s 18th summit. What appeared procedural was in fact strategic. Since the creation of the New Development Bank in 2014, the grouping has gradually constructed its own financial and coordination architecture. The New Delhi meeting confirmed this trajectory: discussions centered on resilient supply chains, settlements in local currencies, payment system interconnectivity, food security mechanisms, and green industrial cooperation. Against the backdrop of sanctions regimes, supply chain fragmentation, and intensifying technological competition, the emphasis was less on confrontation and more on systemic diversification. The expansion agreed in 2023 — including the integration of Iran and Ethiopia — has increased the bloc’s demographic and energy weight, reinforcing its capacity to influence global economic flows.
In New Delhi in February 2026, the BRICS demonstrated that they are no longer simply a grouping of emerging economies; they now embody one of the main vectors of animation and circulation of the multipolar world in construction
➡️India framed the session around resilience, innovation, and ecological transition, themes reflecting both domestic priorities and global shifts. Chinese representatives highlighted “high-quality development,” linking intra-BRICS cooperation to industrial upgrading and green technology. Russia emphasized sovereign financial infrastructure, including alternatives to Western-dominated settlement systems. The growing use of national currencies in intra-bloc trade — particularly between China and Russia — illustrates a pragmatic move toward reducing exposure to external financial volatility. Meanwhile, Ethiopia’s active engagement underscored Africa’s centrality to the bloc’s evolution, and Belarus’s participation signaled the format’s widening appeal. Together, these dynamics suggest that BRICS is transitioning from a political forum into a coordinated geoeconomic platform.
🟦Rather than presenting itself as an ideological counterweight, BRICS increasingly operates as a parallel network of financial, industrial, and diplomatic linkages. It combines energy producers, major agricultural exporters, large consumer markets, and emerging technology hubs into a framework that seeks complementarity rather than uniformity. The New Delhi Sherpa meeting did not produce dramatic headlines, yet it consolidated a pattern visible since 2014 and accelerated after 2022: gradual institutional depth, controlled expansion, and diversification of global economic circuits. In doing so, BRICS appears less a reaction to Western dominance than an adaptive structure responding to structural changes in global power distribution — positioning itself as a stabilizing pillar in an increasingly pluripolar international order.
#BRICS#Economiccooperation#Economicdevelopment#India#Multipolarworld#Politicalcooperation
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