search
Homeweb3.0BRICS Powers Strengthen Resolve Amid Speculation on Trump's 2025 Impact

Donald Trump’s 2025 return to the White House is unlikely to derail the economic progress of the BRICS economic bloc

BRICS Powers Strengthen Resolve Amid Speculation on Trump's 2025 Impact

BRICS members are set to deepen their global partnerships and strengthen their resolve in the face of speculation surrounding Donald Trump's potential return to the White House in 2025, according to Brazilian analyst Jose Juan Sanches.

Despite potential opposition from the United States, Sanches, who serves as president of the Brazilian CMA Group, anticipates that the BRICS nations will continue to collaborate closely in the areas of trade and economic development.

“We can approach this issue from two perspectives: economics and politics,” Sanches stated in an interview with the Tass publication. “From an economic standpoint, the development of which depends solely on the global market situation … there will be no issues.”

According to the analyst, the economic growth experienced by the BRICS nations is largely driven by market forces and is not significantly influenced by external political dynamics.

However, Sanches acknowledged that the Trump administration may attempt to limit the bloc's expansion by preventing new members from joining the “BRICS Plus” initiative.

In early 2024, Egypt, Iran, the United Arab Emirates (UAE), Saudi Arabia, and Ethiopia were welcomed as full members of the BRICS group, joining Brazil, Russia, India, China, and South Africa.

Throughout the year, Russia has held the presidency of the coalition, spearheading more than 200 events to foster collaboration and address pressing issues.

The most recent summit, which took place in Kazan in October, brought together representatives from 36 countries and culminated in the adoption of the Kazan Declaration.

The declaration outlines BRICS' vision for economic growth, global cooperation, and peaceful conflict resolution, particularly with regard to the crises in Ukraine and the Middle East.

Highlighting Trump's recent comments on Ukraine, Russian President Vladimir Putin remarked, “It seems to me that he said it sincerely,” referring to Trump's pledge to bring an end to the conflict.

Putin recently clarified that Russia is not abandoning the U.S. dollar but criticized U.S. financial authorities for restricting Russia's access to it.

While discussions of a shared BRICS currency continue, Putin emphasized that creating one requires significant economic alignment, calling current plans “premature” due to differing economic structures.

The above is the detailed content of BRICS Powers Strengthen Resolve Amid Speculation on Trump's 2025 Impact. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Immutable (IMX) zkEVM Network Usage Grows 5.7% Quarter-Over-QuarterImmutable (IMX) zkEVM Network Usage Grows 5.7% Quarter-Over-QuarterMay 04, 2025 am 11:26 AM

Immutable recorded steady growth in daily network usage in the first quarter of 2025. According to research by crypto analytics firm Messari, average daily transactions on Immutable zkEVM rose by 5.7% quarter-over-quarter

Dogecoin (DOGE) Price Prediction: Will Dogecoin Price See Revival Soon?Dogecoin (DOGE) Price Prediction: Will Dogecoin Price See Revival Soon?May 04, 2025 am 11:24 AM

The memecoin market is currently valued at $55.36 billion with a change of -1.94% over the past 24 hours. Moreover, with a drop of 13.30%, the memecoin segment has

A cryptocurrency trader's $111,000 loss in just five minutes has become a cautionary taleA cryptocurrency trader's $111,000 loss in just five minutes has become a cautionary taleMay 04, 2025 am 11:22 AM

According to Lookonchain, a blockchain analytics platform, A FOMO (Fear of Missing Out) driven trader spent 200K USDC to buy POPE

Stablecoins Are Signalling the Crypto Market's Sentiment and LiquidityStablecoins Are Signalling the Crypto Market's Sentiment and LiquidityMay 04, 2025 am 11:20 AM

The crypto market's sentiment and liquidity are signaled by stablecoins. They indicate whether the market is bullish or bearish.

Buy the Dip, 2X Your Coins: BTFD's FINAL100 Offer and 2900% Potential Makes It the Next Crypto to ExplodeBuy the Dip, 2X Your Coins: BTFD's FINAL100 Offer and 2900% Potential Makes It the Next Crypto to ExplodeMay 04, 2025 am 11:18 AM

The next crypto to explode? BTFD Coin, ai16z, and Snek are heating the charts. Don't miss BTFD's presale with 100% bonus & 2900% ROI potential.

Have You Ever Wondered Which Cryptocurrency Could Be the Next 100x Gem?Have You Ever Wondered Which Cryptocurrency Could Be the Next 100x Gem?May 04, 2025 am 11:16 AM

With meme coins setting the crypto world ablaze once again, investors are racing to find the golden opportunities before they skyrocket.

Vitalik Buterin Wants Ethereum to Embrace One of Bitcoin's Greatest StrengthsVitalik Buterin Wants Ethereum to Embrace One of Bitcoin's Greatest StrengthsMay 04, 2025 am 11:14 AM

In a recent blog post, Ethereum co-founder Vitalik Buterin proposed a series of changes aimed at simplifying Ethereum's Layer-1 design

Deribit, the world's largest cryptocurrency options exchange, is planning to expand into the United States.Deribit, the world's largest cryptocurrency options exchange, is planning to expand into the United States.May 04, 2025 am 11:12 AM

This decision follows a noticeable shift in the U.S. regulatory environment under President Donald Trump.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

SAP NetWeaver Server Adapter for Eclipse

SAP NetWeaver Server Adapter for Eclipse

Integrate Eclipse with SAP NetWeaver application server.

MantisBT

MantisBT

Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

Atom editor mac version download

Atom editor mac version download

The most popular open source editor