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News (306)

11 December2017
Members launch the g7+ WTO Accessions Group to help post-conflict and fragile economies

Members launch the g7+ WTO Accessions Group to help post-conflict and fragile economies

Just hours before the opening of the 11th WTO Ministerial Conference (MC11) in Buenos Aires, WTO members launched the g7+ WTO Accessions Group, a new platform designed to help post-conflict and fragile economies through WTO membership. The Chair of MC11, Minister Susana Malcorra of Argentina, presid...
11 December2017
Women20 (W20) launches its agenda to enrich the G20

Women20 (W20) launches its agenda to enrich the G20

The Women20 (W20) kick-off event under the Argentinian G20 presidency took place in Buenos Aires on 11 December 2017. The discussion focused on the W20 2018 agenda priorities. The event was attended by Argentina Vice President Gabriela Michetti; Treasury Minister Nicolás Dujovne; Social Development ...
11 December2017
AIIB Invests to Reduce Coal Use and Improve Air Quality in Beijing

AIIB Invests to Reduce Coal Use and Improve Air Quality in Beijing

The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a US$250-million loan for a project that will reduce China’s coal use by about 650,000 tons annually through connecting about 216,750 households in approximately 510 rural villages to the natural gas distribution netwo...
01 December2017
Argentina Assumes G20 Presidency

Argentina Assumes G20 Presidency

On 1 December 2017, Argentina assumed the G20 presidency from Germany.The calendar of events of the Argentine G20 presidency for 2018 will include over 50 meetings between representatives of various levels, and will focus on issues ranging from economics, finance, jobs, education, energy, agricultur...
30 November2017
Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova attended the international conference on Russia – EU cooperation

Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova attended the international conference on Russia – EU cooperation

The international conference on the theme “Russia and the EU at a Crossroads: Challenges and Opportunities – an up-to-date analysis of experts” was held at the Ministry of Economic Development of the Russian Federation on 30 November 2017. The event was organized by the Russian Foreign Trade Academy...
30 November2017
Global Forum on Steel Excess Capacity Ministerial meeting

Global Forum on Steel Excess Capacity Ministerial meeting

The Ministerial meeting of the Global Forum on Steel Excess Capacity was held on 30 November 2017 as the last event of the German G20 presidency. Argentina will assume the G20 presidency on 1 December 2017. The Global Forum was created by G20 Leaders at their Hangzhou summit in September of last yea...
30 November2017
The G20 in Germany – time to take stock

The G20 in Germany – time to take stock

On 1 December 2017 Argentina assumed G20 Presidency from Germany. Key event of the German presidency – leaders` summit – was held in Hamburg on 7 and 8 July 2017. The main achievements of the German presidency include: Clear commitment to cooperateGermany's G20 Presidency put the spotlight on multil...
27 November2017
The Fifth BRICS Sherpa meeting successfully held

The Fifth BRICS Sherpa meeting successfully held

On 27 November 2017, the Fifth BRICS Sherpa Meeting was held in Changsha, Hunan Province. The meeting was chaired by H.E. Li Baodong, Sherpa for BRICS affairs and Vice Foreign Minister of China, and attended by Sherpas of BRICS countries and representatives from the New Development Bank.During the m...
21 November2017
Second Deauville Partnership Senior Officials’ Conference

Second Deauville Partnership Senior Officials’ Conference

On 21 November 2017, the Italian Ministry of Foreign Affairs and International Cooperation hosted the second Meeting of Senior Officials of the Deauville Partnership under the Italian G7 Presidency.Launched in 2011 in response to the outbreak of the so-called “Arab Springs”, the Deauville Partnershi...
21 November2017
12th meeting of NDB Board of Directors held in Shanghai

12th meeting of NDB Board of Directors held in Shanghai

On 20 November 2017, the 12th meeting of the Board of Directors (BoD) of the New Development Bank was held in Shanghai.During the meeting, the BoD approved two infrastructure and sustainable development projects in India and Russia with loans aggregating over USD 400 mln. A presentation on the prepa...
21 November2017
NDB Board of Directors approves two projects in India and Russia with loans aggregating over USD 400 mln

NDB Board of Directors approves two projects in India and Russia with loans aggregating over USD 400 mln

On 20 November 2017, the Board of Directors (BoD) of the New Development Bank approved two infrastructure and sustainable development projects in India and Russia with loans aggregating over USD 400 mln during the 12th BoD Meeting in Shanghai.Under the framework of Rajasthan Water Sector Restructuri...
20 November2017
Second session of the G7 Global Partnership Against the Spread of Weapons and Materials of Mass Destruction

Second session of the G7 Global Partnership Against the Spread of Weapons and Materials of Mass Destruction

The second session of the G7 Global Partnership against the spread of weapons and materials of mass destruction took place on 16-17 November at the Farnesina Palace in Rome. More than 150 experts from a number of countries of different regions, as well as representatives from international organizat...
20 November2017
The G7 High Level Meeting on Maritime Security

The G7 High Level Meeting on Maritime Security

Traditional threats to maritime security, technological innovations and the challenges posed by marine environmental degradation to international stability have been at the core of the G7 High Level Meeting on Maritime Security, which took place on November 20, 2017 at the Italian Ministry of Foreig...
16 November2017
Joint Leaders’ Statement on the Negotiations for the Regional Comprehensive Economic Partnership (RCEP)

Joint Leaders’ Statement on the Negotiations for the Regional Comprehensive Economic Partnership (RCEP)

The Heads of State/Government of the Regional Comprehensive Economic Partnership (RCEP) Participating Countries – the ASEAN Member States and ASEAN’s free trade agreement (FTA) partners: Australia, China, India, Japan, Korea, and New Zealand –gathered on 14 November 2017 in Manila, Philippines.They ...
16 November2017
On November 15-16 Taormina hosts the G7 on Gender Equality

On November 15-16 Taormina hosts the G7 on Gender Equality

The meeting on Gender Equality under the Italian presidency in the G7 was held in Taormina on 15-16 November 2017. The Heads of Delegation of Italy, Canada, Japan, United States, Germany, France and Great Britain, as well as the European Commissioner for Justice, Consumers and Gender Equality attend...
09 November2017
NDB President meets Director of Russia’s Federal Financial Monitoring Service

NDB President meets Director of Russia’s Federal Financial Monitoring Service

On 8 November 2017, Mr. K.V.Kamath, the President of the New Development Bank met in Shanghai Mr. Yuri Chikhanchin, the Director of the Federal Financial Monitoring Service of Russian Federation (Rosfinmonitoring). The NDB VP, CAO Mr. Vladimir Kazbekov and Mr. Vladimir Glotov, Deputy Director of Ros...
07 November2017
G7 Health Ministers’ meeting

G7 Health Ministers’ meeting

The G7 ministerial meeting on health under the Italian presidency in the fora was held in Milan on November 5-6, 2017.The participants discussed a wide range of topics, including the health of women and teenagers, the antibiotic resistance and the proliferation of new infections as well as the impac...
01 November2017
The G7 Accountability Working Group Report has been published

The G7 Accountability Working Group Report has been published

Under the leadership of the Italian G7 Presidency, this year the Accountability Working Group (AWG) of the G7 has elaborated the G7 Taormina Progress Report: Investing in Education for Mutual Prosperity, Peace and Development.The Progress Report is the instrument that guarantees the transparency and...
31 October2017
OECD Development Assistance Committee (DAC) High-Level meeting

OECD Development Assistance Committee (DAC) High-Level meeting

The OECD Development Assistance Committee (DAC) High-Level meeting was held in Paris on 30-31 October 2017. The discussion of the meeting focused on sustainable development challenges and objectives to implement the 2030 Agenda. The participants emphasized that the challenges to sustainable developm...
31 October2017
NDB plans to expand lending by 60 percent

NDB plans to expand lending by 60 percent

The New Development Bank is planning to expand lending by 60 percent in 2018, aiming to grow to about $4 billion in loans from the $2.5 billion total anticipated this year, a member of the bank’s top management team told China Daily in an exclusive interview.That growth would come on top of a 60 per...
30 October2017
New Development Bank engages with representatives of civil society and non-governmental organizations

New Development Bank engages with representatives of civil society and non-governmental organizations

The New Development Bank’s meeting with the representatives of civil society organizations, non-governmental organizations and academia took place in Shanghai on 25-26 October 2017. This event continued a dialogue started in 2016 during the NDB First Annual Meeting in Shanghai.The consultations were...
27 October2017
Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova discussed cooperation prospects with Jawaharlal Nehru University representatives

Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova discussed cooperation prospects with Jawaharlal Nehru University representatives

The Jawaharlal Nehru University School of International Studies representatives visited the Presidential Academy on 27 October 2017. Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova and Indian colleagues discussed cooperation prospects, in particular publishing ...
27 October2017
New OECD Development Co-operation Report is released

New OECD Development Co-operation Report is released

The latest Development Co-operation Report, focusing on bridging the “data divide” to deliver on the Sustainable Development Goals (SDGs), has been published by the OECD. The SDGs could not be delivered with gaps in basic data and weak statistical systems in developing countries.This year’s Developm...
27 October2017
The G7 Working Group on Climate Change and Fragility meeting held in Rome

The G7 Working Group on Climate Change and Fragility meeting held in Rome

On 26-27 October 2017, the members of the G7 Working Group on Climate Change and Fragility met in Rome at the Ministry of Foreign Affairs and International Cooperation.The Working Group, established in 2015, addresses and seeks solutions to the risks related to the climate-fragility nexus, arising f...
26 October2017
West Africa Regional Conference on biological risks in Rabat co-chaired by the G7 Global Partnership against the Spread of Weapons and Materials of Mass Destruction

West Africa Regional Conference on biological risks in Rabat co-chaired by the G7 Global Partnership against the Spread of Weapons and Materials of Mass Destruction

The mitigation of biological risks in West Africa, in the wake of the Ebola crisis (2014-2016), has been the focus of the two-day Regional Conference in Morocco (Rabat, 25-26 October), co-chaired by the Italian G7 Presidency of the Global Partnership against the Spread of Weapons and Materials of Ma...
25 October2017
Second meeting of the Rome-Lyon Group

Second meeting of the Rome-Lyon Group

The second session of the Rome-Lyon Group, under the Italian Presidency, took place in Rome few days ago after the first meeting held last April.The meeting was chaired by representatives of the Ministry of Foreign Affairs and International Cooperation and of the Ministry of Interior. It gave an opp...
24 October2017
Center for International Institutions Research of the Presidential Academy took part in the ESCAP workshop on the SDGs implementation

Center for International Institutions Research of the Presidential Academy took part in the ESCAP workshop on the SDGs implementation

The international workshop organized by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Government of Cambodia under the theme “Strengthening Development of Least Developed Countries in Asia and the Pacific to support implementation of the 2030 Agenda for S...
23 October2017
AIIB Taps International Experts for Strategic Advice

AIIB Taps International Experts for Strategic Advice

Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and senior members of his team received strategic and actionable advice on AIIB’s long-term business model and how to navigate the global context of multilateral lending. At its third meeting on October 19, AIIB’s International Advisory...
20 October2017
G7 Interior Ministers' meeting

G7 Interior Ministers' meeting

The G7 Interior Ministers’ meeting under the Italian presidency in the fora took place in Ischia, with the participation of the European Commissioner for Migration, Home Affairs and Citizenship, and the European Commissioner for the Security Union, as well as the Secretary General of Interpol. Repre...
16 October2017
New Development Bank and Russia sign project preparation fund contribution agreement

New Development Bank and Russia sign project preparation fund contribution agreement

On 15 September 2017, the New Development Bank and the Ministry of Finance of the Russian Federation signed Project Preparation Fund (PPF) contribution agreement. The Agreement was signed by Mr. Xian Zhu, NDB Vice President, Chief Operations Officer and Mr. Sergei Storchak, Director of NDB, Deputy M...
15 October2017
G7 Ministerial meeting on agriculture

G7 Ministerial meeting on agriculture

The G7 Ministerial meeting on agriculture under the Italian presidency in the fora was held on 14-15 October 2017 in Bergamo. The Agriculture Ministers of the seven countries, as well as the Commissioner for Agriculture and Rural Economy of the African Union, representatives of the European Union an...
12 October2017
G7 Finance meeting in Washington: agreement on principles for assessing cybersecurity in the financial sector

G7 Finance meeting in Washington: agreement on principles for assessing cybersecurity in the financial sector

A set of non-binding principles for the assessment of cybersecurity measures for the financial sector was adopted at the Meeting of G7 Finance Ministers and Central Bank Governors in Washington. The Meeting of Finance Ministers and Central Bank Governors chaired by Italy was held on Thursday, Octobe...
12 October2017
United Nations Conference on Trade and Development (UNCTAD) launched Investment Laws Navigator

United Nations Conference on Trade and Development (UNCTAD) launched Investment Laws Navigator

The United Nations Conference on Trade and Development (UNCTAD) launched the Investment Laws Navigator. The new database contains detailed mapping of over 100 investment laws around the globe. Together with UNCTAD's databases on policy measures, international investment agreements and dispute settle...
11 October2017
The Basel Committee on Banking Supervision assigns eligible AIIB liabilities a 0% risk weighting

The Basel Committee on Banking Supervision assigns eligible AIIB liabilities a 0% risk weighting

The Basel Committee on Banking Supervision has assigned eligible Asian Infrastructure Investment Bank (AIIB) liabilities a 0% risk weighting as well as a high-quality liquid assets (HQLA) Level One designation. The full statement announcing the Committee’s decision can be found here.Press-release at...
10 October2017
Researcher of the RANEPA Center for International Institutions Research Andrey Shelepov participated in the round table devoted to the Chinese BRICS presidency

Researcher of the RANEPA Center for International Institutions Research Andrey Shelepov participated in the round table devoted to the Chinese BRICS presidency

Researcher of the RANEPA Center for International Institutions Research Andrey Shelepov attended the round table “Chinese BRICS presidency`s outcomes: priorities and perspectives of future development” held on 10 October 2017. The event was organized by the Russian National Committee on BRICS Resear...
05 October2017
BRICS Steering Committee on Antimonopoly Policy Approved Creating Working Groups on IT and Automotive Markets

BRICS Steering Committee on Antimonopoly Policy Approved Creating Working Groups on IT and Automotive Markets

The 3rd session of BRICS Steering Committee on Antimonopoly Policy took place at an International Event – the “Competition Week in Russia”.Representatives of FAS, competition bodies of Brazil, India, China and South Africa as well as the academic community discussed the efforts of the Working Groups...
30 September2017
G7 Ministers of Labour and Employment meeting

G7 Ministers of Labour and Employment meeting

The G7 Ministers of Labour and Employment meeting under the Italian presidency in the fora was held in Turin on 29-30 September 2017. The meeting focused on the "Fourth Industrial Revolution" influence on the labour markets and G7 cooperation in this sphere. The meeting concluded with the adoption o...
29 September2017
WB, AIIB Approve Funding for Flood Management in Metro Manila

WB, AIIB Approve Funding for Flood Management in Metro Manila

Flood events, particularly during the typhoon season from June to October, are a recurring problem in Metro Manila. They cause inundation of roads, exacerbate traffic congestion, and destroy the lives, infrastructure and livelihood of people, especially the poor. Under the Metro Manila Flood Managem...
29 September2017
RANEPA Center for International Institutions Research co-organized the North-East Asia Development Cooperation Forum 2017

RANEPA Center for International Institutions Research co-organized the North-East Asia Development Cooperation Forum 2017

The North-East Asia Development Cooperation Forum 2017 was held at the Russian Presidential Academy of National Economy and Public Administration on 28–29 September 2017. The Forum was organized by the RANEPA Center for International Institutions Research (CIIR); ESCAP East and North-East Asia Offic...
28 September2017
The G7 Ministerial meeting on Science

The G7 Ministerial meeting on Science

The G7 Ministerial meeting on Science under the Italian presidency in the fora was held on 27-28 September 2017 in Turin.The Ministers discussed possible cooperation regarding the training of the human capital, particularly of the researchers, who should be able to leverage the opportunities of the ...
28 September2017
AIIB Partners on New Investments to Improve Energy Connectivity and Facilitate Private Equity Investments

AIIB Partners on New Investments to Improve Energy Connectivity and Facilitate Private Equity Investments

The Bank will invest in a private equity fund and a project to support power transmission in IndiaThe Asian Infrastructure Investment Bank (AIIB) continues its collaborative approach to address the infrastructure gap in Asia by investing US$150 million in the IFC’s Emerging Asia Fund and co-financin...
26 September2017
The G7 ICT-Industry Ministerial meeting

The G7 ICT-Industry Ministerial meeting

The G7 Ministerial Meeting on ICT and Industry under the Italian presidency in the fora was held in Turin on 25-26 September 2017. The G7 ministers addressed several topics, in particular the competitiveness of small and medium-sized businesses in the Next Production Revolution; digital infrastructu...
25 September2017
G7 Innovation Week

G7 Innovation Week

On 25 September 2017, the G7 Innovation Week opens in Turin, where three Ministerial Meetings dedicated to Industry and ICT, Science and Labour will take place. The central topic of these meetings will be a discussion on how to deal with the big changes triggered by the Next Production Revolution. A...
20 September2017
International conference “G20 and BRICS: Cooperation for Resilient and Balanced Growth”

International conference “G20 and BRICS: Cooperation for Resilient and Balanced Growth”

The second international conference “G20 and BRICS: Cooperation for Resilient and Balanced Growth” was held at the Russian Presidential Academy of National Economy and Public Administration (RANEPA) on 20-21 September 2017. The Conference was organized by the Center for International Institutions Re...
14 September2017
G7 Bar Associations` meeting under the Italian presidency

G7 Bar Associations` meeting under the Italian presidency

The representatives of the Bar Associations of the G7 countries gathered for the first time to discuss the defense of personal rights against the risks of online data manipulation and the spread of hate speech and violence, on the occasion of a conference organized in Rome on 14 September 2017 by th...
08 September2017
AIIB supports renewable energy development in Egypt

AIIB supports renewable energy development in Egypt

The Asian Infrastructure Investment Bank announced up to US$210 million in debt financing to tap Egypt’s renewable energy potential. This solar power project will increase Egypt’s power generation capacity, reduce the country’s dependence on gas and fuel for electricity generation, and will help the...
08 September2017
The 15th Conference of Presidents of the G7 Lower Houses

The 15th Conference of Presidents of the G7 Lower Houses

The 15th Conference of Presidents of the G7 Lower Houses was held today in Rome. It is the third time, after 2001 and 2009, that Italy hosts this Conference.The meeting hosted several sessions dedicated to “International cooperation for prevention and counter-terrorism”, "Open parliaments to foster ...
06 September2017
NDB and Russian Railways sign memorandum of understanding

NDB and Russian Railways sign memorandum of understanding

On 6 September 2017, the New Development Bank (NDB) and JSC Russian Railways signed a Memorandum of Understanding to establish and formalize a framework for general cooperation. The Memorandum was signed by Mr. Xian Zhu, NDB Vice President, Chief Operations Officer and the President of Russian Railw...
05 September2017
Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova following the BRICS leaders` summit emphasizes BRICS main achievements

Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova following the BRICS leaders` summit emphasizes BRICS main achievements

Head of the RANEPA Center for International Institutions Research Dr. Marina Larionova following the BRICS leaders` summit held in Xiamen on 3-5 September 2017 told about BRICS main achievements to Chinese newspaper “21 Century Business Herald (21 CBH)”. According to her, BRICS will consolidate its ...
05 September2017
Report of President K. V. Kamath on the status of the New Development Bank

Report of President K. V. Kamath on the status of the New Development Bank

President of the BRICS New Development Bank K. V. Kamath presented the report on the progress made by the NDB since it began operations in July 2015.As the bank`s key achievements K. V. Kamath highlighted the following ones: A Lending. In 2016, the NDB approved seven projects for USD 1.5 billion. Th...
04 September2017
G7 statement on North Korea

G7 statement on North Korea

On 4 September 2017 the G7 Leaders released a statement (in English) condemning in the strongest possible terms the new nuclear test conducted by North Korea.In their statement the G7 Leaders emphasized that North Korea, as the only country to have performed nuclear tests in the XXI century, continu...
04 September2017
BRICS leaders` summit in Xiamen

BRICS leaders` summit in Xiamen

BRICS leaders` summit under the Chinese presidency in the fora was held in Xiamen city, Chinese Fujian province on 3-4 September 2017.The meeting was attended by President of Russia Vladimir Putin, President of China Xi Jinping, President of Brazil Michel Temer, Prime Minister of India Narendra Modi...
04 September2017
New Development Bank and China sign first project preparation fund contribution agreement

New Development Bank and China sign first project preparation fund contribution agreement

The New Development Bank and the Finance Ministry of the People’s Republic of China signed today the Bank’s first Project Preparation Fund contribution agreement. The Agreement was signed by Mr. K.V.Kamath, the NDB President and Mr. Shi Yaobin, Vice Minister of the Ministry of Finance of China in th...
04 September2017
NDB President and Russian Railways CEO discuss potential for cooperation in Xiamen

NDB President and Russian Railways CEO discuss potential for cooperation in Xiamen

The New Development Bank (NDB) and JSC Russian Railways reaffirmed today their commitment to strengthen and promote cooperation during the meeting between the NDB President, Mr K.V. Kamath and the CEO of JSC Russian Railways, Mr. Oleg Belozerov.The meeting was held on the sidelines of 9th BRICS Summ...
03 September2017
New Development Bank signs 3 loan agreements for projects in China

New Development Bank signs 3 loan agreements for projects in China

The New Development Bank signed today three loan agreements for projects in Fujian, Hunan and Jiangxi provinces of China. The signing ceremonies for the three projects were held in the city of Xiamen, China on the sidelines of the 9th BRICS Summit and were witnessed by Mr. Shi Yaobin, Vice Minister ...
02 September2017
Groundbreaking ceremony for the New Development Bank’s permanent headquarters building held in Shanghai

Groundbreaking ceremony for the New Development Bank’s permanent headquarters building held in Shanghai

On 2 September 2017, the Ground Breaking Ceremony for the NDB Permanent Headquarters Building was held in Shanghai. Mr. Xiao Jie, the Minister of Finance of China, Mr. Ying Yong, the Mayor of Shanghai, members of the BRICS Business Council and other distinguished guests participated in the Ceremony....
01 September2017
On the eve of the BRICS summit the article by the President of the Russian Federation Vladimir Putin was published

On the eve of the BRICS summit the article by the President of the Russian Federation Vladimir Putin was published

On the eve of the BRICS summit the article by the President of the Russian Federation Vladimir Putin “BRICS: Towards New Horizons of Strategic Partnership” was published. The article presents Russia’s approaches to cooperation within BRICS and shares Russian President`s views on the future of furthe...
01 September2017
New Development Bank and BRICS Business Council strengthen cooperation

New Development Bank and BRICS Business Council strengthen cooperation

On 1 September 2017, the New Development Bank (NDB) and BRICS Business Council (BBC) held the second NDB – BBC Dialogue in Shanghai, during the BRICS Business Council Annual Meeting 2017, in the run-up to the 9th BRICS Summit in Xiamen, China. The two sides reaffirmed their commitment to strengthen ...
31 August2017
NDB Board of Directors approves 4 projects in China, Russia and India with loans aggregating over USD 1.4 bln

NDB Board of Directors approves 4 projects in China, Russia and India with loans aggregating over USD 1.4 bln

On 30 August 2017, the Board of Directors (BoD) of the New Development Bank approved four infrastructure and sustainable development projects in China, India and Russia with loans aggregating over USD 1.4 bln.“The four projects approved today are fully in line both with national development agenda i...
29 August2017
On the eve of the BRICS Xiamen summit: a new force in making rules of global economic governance

On the eve of the BRICS Xiamen summit: a new force in making rules of global economic governance

Interview with Marina Larionova, Head of RANEPA’s Center for International Institutions Research (CIIR) It’s been a decade since the cooperation of BRIC countries was launched in 2006. What can we say about the forum now, on the eve of the forthcoming summit in Xiamen?On 3-4 September 2017, the 9th ...
25 August2017
BRICS summit to open new chapter in Russia-China regional cooperation

BRICS summit to open new chapter in Russia-China regional cooperation

The Republic of Karelia in Russia's northwest and Fujian province in southern China are expected to sign an agreement during the upcoming BRICS summit to be held in Xiamen on 3-5 September 2017 that could see trade bolster significantly between the two favored jurisdictions.Geographically, both are ...
25 August2017
Prime Minister of India Narendra Modi may meet leaders from various regions at the BRICS summit

Prime Minister of India Narendra Modi may meet leaders from various regions at the BRICS summit

Prime Minister of India Narendra Modi is likely to meet leaders from across South East and Central Asia, Africa and North America on the sidelines of the BRICS Summit in Xiamen on September 3-5, 2017.China has invited leaders of Thailand, Indonesia, Kazakhstan, Egypt, Guinea (African Union chair) an...
18 August2017
New BRICS Bank plans $1.5bn lending for South African projects

New BRICS Bank plans $1.5bn lending for South African projects

New Development Bank (NDB) set up by the “BRICS” group of emerging economies plans to lend $1.5 billion to South Africa for infrastructure projects over the next eighteen months. “We have an appetite to do about $1.5 billion of lending to South Africa for the next 18 months and the task before the m...
16 August2017
Business breakfast connects NDB with strategic and potential partners in South Africa

Business breakfast connects NDB with strategic and potential partners in South Africa

On 16 August 2017, strategic and potential partners of the New Development Bank gathered at a Business Breakfast organized by the NDB in Johannesburg, South Africa on the eve of the official opening of the NDB Africa Regional Center (ARC).The Business Breakfast was attended by Mr. Sfiso Buthelezi, D...
16 August2017
BRICS representatives discuss drug control cooperation

BRICS representatives discuss drug control cooperation

The third BRICS Anti-Drug Working Group meeting under the Chinese presidency in the fora was held in Weihai, a port city in East China's Shandong province on 16 August 2017. Representatives from BRICS member countries agreed on establishing a communication mechanism on narcotics control and cooperat...
15 August2017
New Development Bank, Eurasian Development Bank and International Investment Bank sign loan agreements for project in Karelia, Russia

New Development Bank, Eurasian Development Bank and International Investment Bank sign loan agreements for project in Karelia, Russia

On 15 August 2017, the New Development Bank (NDB), Eurasian Development Bank and International Investment Bank signed loan agreements with a total amount of USD 100 mln for the construction of two hydropower generation plants with a total installed capacity of 49.8 MW in the Republic of Karelia in t...
02 August2017
7th meeting of BRICS Trade Ministers was held

7th meeting of BRICS Trade Ministers was held

The 7th meeting of BRICS Trade Ministers under the Chinese presidency was held in Shanghai on 1-2 August 2017.The participants reviewed the progress made in BRICS economic, trade and investment cooperation and discussed the recent global economic developments. The ministers emphasized that since the...
02 August2017
Minister of Economic Development of the Russian Federation Maksim Oreshkin visited the BRICS New Development Bank

Minister of Economic Development of the Russian Federation Maksim Oreshkin visited the BRICS New Development Bank

On 2 August 2017, Mr. K.V.Kamath, the President of the New Development Bank met Mr. Maksim Oreshkin, the Minister of Economic Development of the Russian Federation in the NDB Office in Shanghai.During the meeting, the NDB President provided an update on the Bank’s operations and its plans for 2017-2...
01 August2017
BRICS Heads of Revenue signed Tax Cooperation Memo

BRICS Heads of Revenue signed Tax Cooperation Memo

Heads of revenue of BRICS member countries signed a pact to identify areas of cooperation in tax matters among members of the group at the meeting held at Hangzhou, China. A Memorandum of Cooperation (MoC) in respect of tax matters (in English) identifies areas of cooperation, namely, coordination i...
29 July2017
Second BRICS Industry Ministers’ meeting

Second BRICS Industry Ministers’ meeting

The second BRICS Industry Ministers’ meeting under the Chinese presidency was held in Hangzhou on 28-29 June 2017. Ministers from China, Brazil, India, South Africa and Russia gathered to talk about industrial cooperation in the current era of new technology.The world is in the midst of a fourth ind...
28 July2017
Third BRICS Communications` Ministers meeting

Third BRICS Communications` Ministers meeting

The third BRICS Communications` Ministers meeting under the Chinese presidency was held in Hangzhou on 27–28 July 2017. The main theme of the meeting was “ICT Innovation and Converged Development in the Era of Digital Economy”. The ministers noted the boom of transnational and transregional informat...
28 July2017
Journalists visited Fujian Province where the BRICS Leaders` summit will be held in September

Journalists visited Fujian Province where the BRICS Leaders` summit will be held in September

As part of preparations for the BRICS Leaders` summit to be held on 3-5 September, 2017 in Xiamen, the Fujian Foreign Affairs Office organized a press tour of the province for 15 international journalists from July 24-28.10 of the journalists were from Africa – participants of the 2017 China-Africa ...
28 July2017
Third BRICS Youth Summit

Third BRICS Youth Summit

The 2017 BRICS Youth Summit under the Chinese presidency in the for a was held on 24-28 July 2017. The discussion focused on uniting the youth of BRICS countries, to reach sustainable development and build global world and wealth.Russia was represented by a delegation of 10 people that includes stud...
28 July2017
Meeting of BRICS senior representatives on security issues under the Chinese presidency

Meeting of BRICS senior representatives on security issues under the Chinese presidency

The seventh meeting of BRICS senior representatives on security issues under the Chinese presidency in the fora was held in Beijing on 27-28 July 2017. The meeting was chaired by State Councilor of the PRC Yang Jiechi. The Russian delegation to the event was leaded by Security Council Secretary Niko...
27 July2017
Third BRICS Labour & Employment Ministers’ meeting

Third BRICS Labour & Employment Ministers’ meeting

The third BRICS Labour & Employment Ministers’ meeting under the Chinese presidency in the fora was held in Chonqging on 26-27 July 2017. The meeting concluded with the adoption of the Declaration (in Russian, in English) which covered a variety of areas that are of critical importance to all BR...
26 July2017
NDB President met Mayor of São Paulo, Brazil in Shanghai

NDB President met Mayor of São Paulo, Brazil in Shanghai

On 26 July 2017, Mr. K.V.Kamath, the President of the New Development Bank met Mr. João Doria Jr., the Mayor of São Paulo, Brazil in the Bank’s office in Shanghai. The development plans for São Paulo and possible projects in the city were discussed during the meeting.The NDB is interested in financi...
25 July2017
2nd BRICS Consultation on UN Peacekeeping Operations

2nd BRICS Consultation on UN Peacekeeping Operations

The 2nd BRICS Consultation on UN Peacekeeping Operations under the Chinese presidency in the fora was held in Beijing under chairmanship of Director-General of the Department of International Organizations and Conferences of the Foreign Ministry Li Junhua on 25 July 2017. The participants exchanged ...
24 July2017
Head of the RANEPA CIIR Marina Larionova analyses the outcomes of the German G20 presidency and Donald Trump`s role

Head of the RANEPA CIIR Marina Larionova analyses the outcomes of the German G20 presidency and Donald Trump`s role

In her article (in Russian) for the Monitoring of Russia’s Economic Outlook Head of the RANEPA CIIR Marina Larionova analyses the outcomes of the German G20 presidency in the context of internal and external challenges: the US 45th President’s position on international trade and climate, Brexit nego...
21 July2017
The 3rd BRICS Foreign Policy Planning Dialogue was held in Beijing

The 3rd BRICS Foreign Policy Planning Dialogue was held in Beijing

On 21 July 2017, the 3rd BRICS Foreign Policy Planning Dialogue under the Chinese presidency in the fora was held in Beijing. The meeting was presided over by Acting Director-General of the Policy Planning Department of the Foreign Ministry Wang Wenbin.All parties had candid and in-depth exchanges o...
19 July2017
UN General Assembly adopts Resolution Commemorating ASEAN’s 50th Anniversary

UN General Assembly adopts Resolution Commemorating ASEAN’s 50th Anniversary

The UN General Assembly adopted Resolution Commemorating ASEAN’s 50th Anniversary (A/71/L.76) on 19 July 2017. The resolution was adopted by consensus with 67 Member States as co-sponsors.As Philippine Permanent Representative to the United Nations Ambassador Teodoro L. Locsin, Jr. noted, “Fifty yea...
18 July2017
Chinese Foreign Minister Wang Yi conducted inspection on relevant sites of the BRICS summit

Chinese Foreign Minister Wang Yi conducted inspection on relevant sites of the BRICS summit

At the invitation of the Fujian Provincial Committee of the Communist Party of China (CPC), Deputy Director of the Preparatory Committee for the BRICS Summit in 2017 and Foreign Minister Wang Yi visited Xiamen where the BRICS Leaders` summit will be held in September. Foreign Minister Wang Yi conduc...
18 July2017
BRICS Science, Technology and Innovation (STI) Ministerial meeting

BRICS Science, Technology and Innovation (STI) Ministerial meeting

The 7th BRICS Science, Technology and Innovation (STI) Senior Officials' meeting and 5th Ministerial meeting under the Chinese presidency in the fora were held in Hangzhou on 17-18 July 2017. The Russian delegation was leaded by Deputy Minister of Science and Education Grigorij Trubnikov who present...
14 July2017
Bilateral meetings on the sidelines of the G20 summit in Hamburg

Bilateral meetings on the sidelines of the G20 summit in Hamburg

A lot of bilateral meetings are held on the sidelines of G20 summits as well as other multilateral events every year. The G20 summit in Hamburg held on 7-8 July 2017 under the German G20 presidency is not an exception. Over 70 meetings were organized on its sidelines (Annex) which is close to the le...
11 July2017
Asian Infrastructure Investment Bank published its auditor`s and financial documents

Asian Infrastructure Investment Bank published its auditor`s and financial documents

Asian Infrastructure Investment Bank (AIIB) published its auditor`s and financial documents, including Condensed Interim Financial Statements for the Three Months Ended March 31, 2017 (Unaudited) (in English) and Auditor’s Report and Financial Statements for the Period From 16 January 2016 (date of ...
08 July2017
G20 leaders` summit in Hamburg

G20 leaders` summit in Hamburg

The key event of the German G20 presidency – G20 leaders` summit was held in Hamburg on 7-8 July 2017. The summit started with an informal meeting of the G20 leaders on counter-terrorism efforts.The discussion of the second day of the summit was devoted to the cooperation with Africa, healthcare, mi...
07 July2017
BRICS Leaders’ Informal Meeting on the Margins of the G20 Hamburg Summit

BRICS Leaders’ Informal Meeting on the Margins of the G20 Hamburg Summit

The BRICS leaders` informal meeting was held before the start of the G20 Summit in Hamburg on 7 July 2017. The meeting concluded with an adoption of the press communique (in Russian, in English) in which the BRICS leaders emphasized the importance of upholding a more inclusive, balanced, and open wo...
07 July2017
A special publication for the G20 Leaders` summit in Hamburg with the article by Head of the RANEPA CIIR Dr. Marina Larionova and Researcher Andrey Shelepov released

A special publication for the G20 Leaders` summit in Hamburg with the article by Head of the RANEPA CIIR Dr. Marina Larionova and Researcher Andrey Shelepov released

The special publication for the G20 Leaders` summit in Hamburg on 7-8 July 2017 under the German presidency was released by the G20 Research Group of the University of Toronto. The publication includes interviews and expert materials by heads of G20 states and governments, business leaders, represen...
07 July2017
Paris Agreement: US Withdrawal and its Repercussions

Paris Agreement: US Withdrawal and its Repercussions

The Paris Agreement was adopted by the participants of the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) on 12 December 2015. The provisions agreed upon by the parties are aimed at keeping the global average temperature below 2°C ...
06 July2017
Russia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

Russia signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS

The Action Plan on Base Erosion and Profit Shifting (BEPS Plan) developed by the OECD and approved by the G20 provides for a number of tools that enable participating countries to combat the withdrawal of profits to low-tax jurisdictions.Action 15 of the BEPS Plan stands out. It provided for the dev...
06 July2017
Second meeting of BRICS Culture Ministers

Second meeting of BRICS Culture Ministers

The second meeting of BRICS Culture Ministers’ under the Chinese presidency was held in Tianjin on 6 July 2017. The meeting concluded with the adoption of the joint action plan in the area of culture covering the period from 2017 to 2021 which aims to bring the cultural production of the participati...
05 July2017
The AIIB approved a loan to build access roads in the Indian state Gujarat

The AIIB approved a loan to build access roads in the Indian state Gujarat

The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) approved a loan of US$329 million to build access roads to approximately 4,000 villages in all 33 districts of Gujarat, India on July 4, 2017. Insufficient road connectivity into these villages limits their ability to access h...
05 July2017
Andrey Shelepov, Researcher of the Center for International Institutions Research (CIIR) at the RANEPA gave a lecture to the participants of the “BRICS School”

Andrey Shelepov, Researcher of the Center for International Institutions Research (CIIR) at the RANEPA gave a lecture to the participants of the “BRICS School”

Andrey Shelepov, Researcher of the Center for International Institutions Research (CIIR) at the RANEPA gave a lecture on the topic “BRICS in the System of Global Governance: Challenges and Opportunities” to the participants of the All-Russian Academic Programme “BRICS School” in Moscow on 5 July 201...
04 July2017
FSB video: financial system is safer, simpler and fairer

FSB video: financial system is safer, simpler and fairer

In advance of the G20 Leaders’ Summit in Hamburg on 7-8 July 2017 the Financial Stability Board (FSB) launched a video for the public explaining how regulatory reforms since the financial crisis have made the financial system safer, simpler and fairer.Speaking about the video FSB Chair Mark Carney s...
04 July2017
BRICS Bank to Fund 75 Projects to Developing Countries

BRICS Bank to Fund 75 Projects to Developing Countries

The New Development Bank (NDB), the bank set up by the Brics group, announced its plans to expand and increase its development and infrastructure programs by 2021, outlining a plan to finance up to 75 projects by 2021.NBD officially released their finalized and recently approved five-year plan which...
03 July2017
On the road to Hamburg. 2016 Hangzhou Summit Compliance proves China’s successful presidency

On the road to Hamburg. 2016 Hangzhou Summit Compliance proves China’s successful presidency

Since its establishment in 2008 at the leaders’ level the G20 has come a long way and transformed from the anti-crisis management forum into a leading global economic governance summit institution. The leaders have made more than 1,700 specific commitments in a wide range of cooperation areas [1]. T...
03 July2017
First international SCO and BRICS women’s forum

First international SCO and BRICS women’s forum

First international women’s forum of the Shanghai Cooperation Organization (SCO) and BRICS member countries under the theme “The role of women in the modern society: cooperation in politics, economy, science, education and culture” opens in Novosibirsk on July 3, 2017. Chairman of the Russian parlia...
03 July2017
BRICS Leaders to Hold Informal Meeting on G20 Margins

BRICS Leaders to Hold Informal Meeting on G20 Margins

Leaders of the BRICS member countries will hold informal talks on the sidelines of the G20 summit in Hamburg on July 7-8, 2017, a Chinese deputy foreign minister Li Baodong said.The meeting will be chaired by Chinese President Xi Jinping.Li Baodong added President Xi was also expected to hold a seri...
03 July2017
General Strategy of New Development Bank for 2017-2021 approved

General Strategy of New Development Bank for 2017-2021 approved

On 30 June 2017, the Board of Governors (BoG) of the New Development Bank approved the Bank’s General Strategy document for 2017-2021 (in English).The General Strategy of the Bank lays out how the NDB intends to fulfill its mandate of mobilizing resources for infrastructure and sustainable developme...
30 June2017
On the road to BRICS summit in Xiamen. How BRICS comply with summits decisions?

On the road to BRICS summit in Xiamen. How BRICS comply with summits decisions?

On 3-4 September 2017, the 9th BRICS Forum will be held in Xiamen under China’s chairmanship. Since its creation, the forum’s activities have been drawing international attention and provoking harsh disputes. The BRICS’ sceptics treat the organization as a mere platform for interests’ coordination a...
30 June2017
BRICS Film Festival under the Chinese presidency

BRICS Film Festival under the Chinese presidency

The second BRICS Film Festival has wrapped up in Chengdu, southwest China's Sichuan Province, after showing off the best filmmaking from Brazil, Russia, India, China and South Africa.At the festival’s closing ceremony, Brazilian film "Nise: The Heart of Madness" was awarded the Panda Award for best ...

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