Close Menu
    What's Hot

    Strategy Increases Bitcoin Holdings in Response to Price and Stock Appreciation

    Aug. 11, 2025

    El Salvador Allows Major Banks to Provide Bitcoin Services to High-Net-Worth Clients

    Aug. 10, 2025

    Bitmine Aims for 5% of Ethereum Supply in Ambitious Accumulation Strategy

    Aug. 10, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home » BRICS Nations Russia Confirms Key Requirement for Joining BRICS Alliance
    News

    BRICS Nations Russia Confirms Key Requirement for Joining BRICS Alliance

    By adminJun. 19, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    BRICS Nations Russia Confirms Key Requirement for Joining BRICS Alliance
    BRICS Nations Russia Confirms Key Requirement for Joining BRICS Alliance
    Share
    Facebook Twitter LinkedIn Pinterest Email

    As a founding member of the BRICS alliance, Russia has stated that countries seeking to join the alliance must avoid participating in any economic sanctions imposed by the West on any member of the alliance. The condition, shared by Russian Deputy Foreign Minister Sergei Ryabkov, aims to counter restrictions imposed by the US, NATO, and the EU in response to the war in Ukraine.

    Traditionally, BRICS focuses on geo-economics, advocating for reform of the global economic order and promoting trade among its members. However, geopolitical tensions arising from the conflict in Ukraine and the resulting Western sanctions against Russia have disrupted international trade, supply chains, and banking transactions, affecting the alliance members.

    The implementation of this measure may strain relations within the BRICS alliance, as there is a chance that India, South Africa, and Brazil may not oppose Western restrictions. On the other hand, countries like India and China maintain significant trade relations with Russia, especially in oil and gas, often using various methods to circumvent the sanctions in place.

    However, this condition may dampen the willingness of some potential new members to join the alliance. The issue is expected to be key at the BRICS+ meeting in St. Petersburg, which will take place in October.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleCrypto Kit Trading Meme Tokens Yields 37000 Profit
    Next Article How Cryptocurrency Investors Can Earn 75 Million Through Free Tokens

    Related Posts

    El Salvador Allows Major Banks to Provide Bitcoin Services to High-Net-Worth Clients

    Aug. 10, 2025

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    JPMorgan Launches Blockchain-Driven Repo Settlement Platform

    Aug. 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025126 Views

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 202513 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views
    Don't Miss

    Strategy Increases Bitcoin Holdings in Response to Price and Stock Appreciation

    Bitcoin Aug. 11, 2025

    Michael Saylor’s Strategy has once again increased its Bitcoin reserves, adding a smaller but nota…

    El Salvador Allows Major Banks to Provide Bitcoin Services to High-Net-Worth Clients

    Aug. 10, 2025

    Bitmine Aims for 5% of Ethereum Supply in Ambitious Accumulation Strategy

    Aug. 10, 2025

    SUI Targets $7 as Support Level Remains Strong

    Aug. 10, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025126 Views

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 202513 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.