Expert: Armenia has the potential to strengthen economic ties with BRICS 

Economist Anna Pakhlyan argues that Armenia could reach important agreements with Iran, India and China on infrastructure development at the upcoming BRICS summit in Russia on 22-24 October. Armenia, a non-BRICS member and first-time participant in the BRICS summit, has strong economic ties with most of the BRICS members and is willing to develop economic relations with others.  

Pakhlyan argues that "reaching agreements with Iran, India and China on issues of road infrastructure development" will further enhance cooperation. Although Armenia has increased trade relations with Russia, the UAE, China, Iran and India, imports and exports with other BRICS countries such as Ethiopia and South Africa remain low.

Source: commonspace.eu with other agencies.    

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Editor's choice
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Pope on Christmas Day: "Peace is a shared responsibility"

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In his Christmas address on St Peter's Square, Pope Leo XIV renewed his plea for peace, reminding the world that it is both God’s gift and humanity’s shared responsibility. Pope Leo XIV renewed his appeal for peace, dialogue, and responsibility, turning to those regions where violence and instability continue to claim innocent lives. The Pope prayed for “justice, peace, and stability for Lebanon, Palestine, Israel, and Syria,” and urged that the promise of peace rooted in righteousness be renewed. He appealed in a particular way for Ukraine, asking that “the clamor of weapons cease,” and that all those involved, with the support of the international community, find the courage to engage in “sincere, direct, and respectful dialogue.” Remembering conflicts that risk being forgotten, Pope Leo XIV expressed closeness to the victims of war and violence in Sudan, South Sudan, Mali, Burkina Faso, and the Democratic Republic of Congo, as well as to all those who suffer as a result of injustice, political instability, religious persecution, and terrorism. The Pope also prayed for Haiti, calling for an end to violence and progress along the path of peace and reconciliation. He also invoked peace for Myanmar, asking that the country be guided towards reconciliation and hope, especially for its younger generations. Turning to Latin America, he encouraged those with political responsibilities to give space to dialogue for the common good, rather than to ideological and partisan divisions. The Pope also prayed for the restoration of the "ancient friendship" between Thailand and Cambodia, and entrusted to God the peoples of South Asia and Oceania, who have been severely affected by recent natural disasters, calling for renewed commitment to assisting those who suffer.