Succession and Modernization
The first steps taken by the new Kazakhstan government have a great significance for this strategically important country situated in the very heart of the Eurasian continent. The most vital issue currently facing the country and its main foreign partners is proceeding with the policy of modernization, which turned the country into an economic and political leader of Central Eurasia under President Nursultan Nazarbayev.
Modi: A Watchman in Control
Given its very high ratings, the Bharatiya Janata Party’s victory in the 2014 general election was rather predictable — and still it caused a sensation: The BJP managed to win as many as 282 seats in the 543-seat Lok Sabha, the lower house of the bicameral Indian parliament, and virtually become the sole political leader in the ‘world’s largest democracy’. Compare this with the 159 seats that the BJP, also known as the Saffron Party, ended up with after the previous vote in 2009. The dramatic improvement was attributed by many to the charisma of leader Narendra Modi, who took over as prime minister. Now, the self-proclaimed chowkidar, or watchman, looks back at what was done during his first term in office. Expert views are mixed, with some considering it very successful and others expressing doubts.
The Machine for Innovation
Talking about the achievements of the Russian nanoindustry, the head of RUSNANO, Anatoly Chubais, likes to build his speech around the formula ‘previously there was no, but now there is’. He claims that the industry has met the expectations, and RUSNANO itself has been turned into a self-financing tool for the reproduction of innovations, capable of doubling the number of new high-tech enterprises about once every 10 years.
Through the Digital Barrier
Four years ago, President Vladimir Putin formulated the national digital transformation agenda that is to become one of the key components of the integrated Russian economic development strategy. The system transition to modern digital technologies and the organization of international cooperation based on a new technological infrastructure are the main directions for revealing competitive advantages and accelerated state development, acknowledges a Russian politician, former Russian Minister of Agriculture (2009–2012) Elena Skrynnik. She has shared her vision of the country’s path through the digital barrier in an interview to BRICS Business Magazine.
FOR EVERY FRUIT OF EARTH
AS HE ENDEAVOURS TO BUILD A MOST EXCEPTIONAL AND EFFICIENT COMPANY, HEAD OF PHOSAGRO ANDREY GURYEV HAS COMPLETE FAITH IN RUSSIA'S BRIGHT FUTURE AS AN AGRICULTURAL SUPERPOWER THAT WILL FEED THE ENTIRE WORLD WITH WHOLEFOOD. ON HIS PART, HE IS KEEN TO GIVE EVERY FRUIT OF THE EARTH THE NUTRITION IT NEEDS.
COMPLETE CHECK-UP FOR A MILLIONAIRE
What makes big businessmen from Russia different from entrepreneurs in other countries? What are their investment preferences? What problems are associated with large fortunes and who deals with them? Dmitry Breitenbikher, Head of VTB Private Banking answers these questions to BRICS Business Magazine.
Five Factors to Guess in Surviving the World Digital Transformation Journey
As the new post-COVID world economy is set on digital transformation journey, one should better catch the fair wind for its sails to move safe and fast. Arvind Gupta is exploring into five aspects that will influence the move, assuming how policymakers attune their policies to these emergent factors would determine who gains the momentum.
Russia and Africa: Navigating the Future
As relations between Russia and Africa were reset on a more solid track during the Second Summit in St. Petersburg earlier this year, Dr. Philani Mthembu is looking beyond the event in an attempt to envisage how the two may further navigate the fragmented geopolitical landscape.
About BRICS Business Magazine
BRICS Business Magazine is a bookazine
a book-like magazine – addressed to global investors, businessmen, politicians, and experts.
A business and humanitarian
publication on rapid-growth markets, it is issued four times a year and
explains how to understand others.
The goal of this project is to organize a direct information exchange between the BRICS countries and other emerging markets.
We define a bookazine as a thick magazine with complex printing which is designed for slow reading and filled not in accordance with a constant set of sections, but rather in accordance with the topics chosen. Our bookazine includes (with occasional exceptions) three main kinds of data:
- essays and columns that would fit into “Opinions” or “Recommendations” sections
- indices, ratings, and rankings
- business cases
Industry and event projects as well as investment guides are featured as special add-ons.
BRICS is expanding. From 2024, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates will be full members of BRICS. The Declaration of the 15th BRICS Summit in South Africa also tasked the member states’ foreign ministers “with further developing the BRICS partner country model and the list of prospective partner countries”. BRICS+ will thus be taking shape as “Friends of BRICS”, with various forms of cooperation to be developed within its framework. One of the key areas is trade liberalization, opening up member states’ markets to their partners. There is much still to be done in this area, including at the legislative level, but the trend is evident: the economies of BRICS countries and their Friends are becoming increasingly interrelated.
This is the concentration point for over 106 thousand organizations working in different creative spheres, while the number of creators account for 25% of Russia’s total. The capital hosts the biggest number of educational institutions training future creative professionals – all this forming the city’s aesthetic image and drawing talented young people to the capital.Trend
Global brands often seek inspiration from African, Middle Eastern and South American fashion trends with their extraordinarily vibrant visuals. On the other hand, designers from these regions face numerous challenges in trying to go global and remain on the international market. Speakers from Senegal, the United Arab Emirates and Brazil shared their views on the prospects for competition among local brands and big fashion conglomerates, and on other issues discussed with our magazine at the BRICS+ Fashion Summit.Community
Industry professionals from many countries are taking part in the BRICS+ Fashion Summit business programme. They have arrived in Moscow to discuss the key and most urgent problems of world fashion: international co-operation, sustainable development, the prospects for local brands and the impact of the latest technologies on manufacturing. The BRICS+ Fashion Summit foreign speakers will talk about the most important aspects.Community
To step up international cooperation in the fashion industry the most important thing would be the creation/adherence of a common set of standards and parameters to enable a level playing field. At the same time, we see that the world has seemed to return to an era of mercantilism. When every country does protectionism at home everyone loses. So a new trading order is needed. How this can be realized in a multipolar world is uncertain.Community
BRICS is growing bigger and stronger, and its member states’ economies are developing differently from those in Europe or the USA – developing in their own way, which may not look like what we commonly think of as the only right one. And what happens in this context with pattern design, clothing and art may be referred to as decolonization of design.Community
Participants will be provided with the knowledge and skills needed to build a modern fashion brand, develop a strategy, bring it to the Russian and international markets, and promote and manage their business. This is the ambitious goal set by the organizers of the intensive fashion course ‘Globalization in the Fashion Industry. Local Concepts in Creating a Successful Global Brand’, which will be held as part of the BRICS+ Fashion Summit. Leading experts from numerous countries, including professors and deans from the best universities in BRICS+ countries, will share their knowledge and experience with the project participants.Know-how
Many participants in the BRICS+ Fashion Summit note the importance of professional contacts among fashion industry representatives. The Parking Gallery, an art space in Zaryadye Park, will host a B2B showroom during the Summit. It will be a venue for networking and presenting fashion collections. Brands may use this space to negotiate with buyers and sign delivery contracts. The showroom will display over 100 Russian and 20 foreign brands. We would like to introduce you to several of the Russian participants.New look
Fashion shows featuring collections by Russian and international designers constitute an important part of the Fashion Summit. The geography of the BRICS+ Fashion Summit spans Argentina, Belarus, Brazil, China, Egypt, Ethiopia, India, Indonesia, Serbia, South Africa, Turkey.New look
Fashion film was initially an advertising tool for supporting seasonal collections. Today, it is an independent video art genre that has grown into a huge industry. It has even earned itself a separate event at the BRICS+ Fashion Summit – the World Fashion Shorts Festival.Cinema
BRICS is becoming an increasingly powerful union. From 2024, it will have eleven members and there are many more countries demonstrating an interest in co-operation. This is evidenced by the BRICS+ Fashion Summit, with participants from 55 friendly states. Their populations account for over ⅔ of all people on Earth and their aggregate GDP is over 38% of the global total. The Forum will also be attended by partners and speakers from Great Britain, France, the USA, Italy and The Netherlands.BRICS+