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INTERNATIONAL AFFAIRS - August 2018

Aug 2018

Jun 25, 2026

BRICS Energy Ministers’ Meeting Scheduled for 25–26 June 2026

The government announced that the 11th BRICS Energy Ministers’ Meeting would be held in Gurugram on 25–26 June 2026. The gathering will bring energy ministers from BRICS nations to discuss energy security, sustainability, and cross‑border cooperation. The agenda is likely to cover renewable energy integration, grid resilience, and new financing mechanisms for clean energy projects. Observers expect policy alignment and joint initiatives that could influence regional energy markets and investment flows in the coming years. The event reinforces BRICS collaboration at a time of increasing global energy demand and transition pressures.
  • Dates: 25–26 June 2026; location: Gurugram
  • Participants: BRICS energy ministers
  • Key themes: energy security, sustainability, renewables
  • Expected outcomes: policy coordination, financing mechanisms
  • Strategic relevance: regional energy cooperation

Abelardo de la Espriella Wins Colombia Presidency

Abelardo de la Espriella was elected President of Colombia in June 2026 after defeating left‑wing candidate Ivan Cepeda in a close runoff. The right‑wing lawyer and businessman will assume office on 7 August 2026. His victory marks a notable political shift, with emphasis on security and economic policy. The outcome has drawn attention from regional partners and international markets due to potential implications for trade, investment, and security cooperation in Latin America. The transition will influence Colombia’s approach to narcotics policy, governance reforms, and relations with neighbouring countries in the coming years.
  • Winner: Abelardo de la Espriella
  • Opponent: Ivan Cepeda; runoff outcome
  • Inauguration: 7 August 2026
  • Policy emphasis: security and economic policy
  • Regional impact: implications for trade and security

BRICS Energy Ministers Meet in Gurugram Under Indian Chairship

India hosted the 11th BRICS Energy Ministers’ Meeting in Gurugram, Haryana, in June 2026 as part of its BRICS Chairship. Led by Union Minister Manohar Lal, the Indian delegation discussed energy security, sustainability, innovation, smart grids, and renewable energy cooperation among BRICS members. Ministers reviewed ongoing projects and policy coordination, aiming to accelerate low‑carbon energy deployment and grid modernization. The gathering reflected shared BRICS interests in energy diversification, emissions reduction, and regional integration. The discussions are expected to influence financing, technology transfer, and strategic alignment among the five nations in the near term.
  • Event: 11th BRICS Energy Ministers’ Meeting
  • Host: India; location: Gurugram, Haryana
  • Dates: June 2026 (25–26 ongoing/initiated)
  • Lead: Union Minister Manohar Lal
  • Topics: energy security, sustainability, renewables, smart grids

Jun 23, 2026

First BRICS MSME Forum Held in Agra Under BRICS Chairship 2026

The Ministry of Micro, Small and Medium Enterprises hosted the inaugural BRICS MSME Forum and the third SME Working Group Meeting in Agra, Uttar Pradesh, in June 2026. The event carried the theme Building for Resilience, Innovation, Cooperation and Sustainability. It focused on strengthening BRICS cooperation in the MSME sector, sharing best practices, and exploring cross-border collaboration to support small businesses. Delegates from BRICS member and partner countries discussed policies, financing options, and practical steps to boost MSMEs. The forum also highlighted regional exports and capacity-building opportunities for Indian small firms in global value chains.
  • Event: BRICS MSME Forum and SME Working Group Meeting in Agra, UP.
  • Theme: Building for Resilience, Innovation, Cooperation and Sustainability.
  • Focus: BRICS cooperation in MSMEs and cross-border collaboration.
  • Participants: BRICS member and partner country delegates.
  • Outcomes: policy dialogue, financing options, capacity building for MSMEs.

BRICS National Security Advisers’ Meeting Held in India on 22–23 June 2026

India hosted the BRICS National Security Advisers’ Meeting on 22–23 June 2026 under the chairmanship of National Security Advisor Ajit Doval. The gathering discussed non-traditional security challenges and the role of new technologies in national security. NSAs and Heads of Delegation from BRICS member countries exchanged views and reviewed outcomes from BRICS Joint Working Groups on Counter-Terrorism and ICT security. The meeting formed part of preparations for the BRICS Summit to be hosted by India in September 2026. Attendees included senior officials from BRICS states, with aims to deepen security cooperation and coordinate responses to evolving threats.
  • Dates: 22–23 June 2026.
  • Chaired by National Security Adviser Ajit Doval.
  • Theme: Non-traditional security challenges and tech roles.
  • Review: BRICS Joint Working Groups on Counter-Terrorism and ICT security.
  • Context: Preparations for BRICS Summit 2026 in India.

Jun 22, 2026

BRICS NSA meeting to be hosted by India on 22–23 June 2026

India will host the BRICS National Security Advisers meeting on 22–23 June 2026 in New Delhi to set the security agenda ahead of the BRICS Summit later this year. The meeting will be chaired by National Security Adviser Ajit Doval, with security chiefs from BRICS member states in attendance. Discussions will cover non-traditional threats, information sharing, cyber security, and coordinated responses to terrorism and illicit finance. The talks also aim to deliver outputs for the September BRICS Summit. Observers expect concrete recommendations to advance cooperation while respecting sovereignty and enhancing collective security among BRICS partners.
  • Dates: 22–23 June 2026; venue: New Delhi.
  • Chaired by National Security Adviser Ajit Doval.
  • Participants: security chiefs from 11 BRICS members.
  • Topics: non-traditional threats, cyber security, information sharing.
  • Aims to inform the BRICS Summit later in 2026.

BRICS National Security Advisers’ Meeting hosted by India

India hosted the BRICS National Security Advisers’ Meeting in June 2026. The two-day gathering was chaired by India’s National Security Adviser Ajit Doval and included security chiefs from eleven BRICS member countries. The theme centered on non-traditional security challenges facing the world today. Delegates discussed cyber threats, terrorism financing, and transnational crime, while reviewing cooperation frameworks across economics and information sharing. The talks aimed to align positions ahead of the BRICS Summit later in 2026. Officials stressed pragmatic, action-oriented cooperation with respect for sovereignty and the importance of expanding people-to-people contacts and intelligence-sharing mechanisms.
  • Two-day meeting in June 2026; chaired by Ajit Doval.
  • Attended by security chiefs from 11 BRICS members.
  • Theme: Non-traditional security challenges.
  • Discussions on cyber threats, terrorism financing, cross-border crime.
  • Aimed to align BRICS positions ahead of the September summit.

Jun 21, 2026

UAE launches first Sovereign Retail T‑Sukuk programme for retail investors

The United Arab Emirates launched its first Sovereign Retail T‑Sukuk programme in June 2026. The program allows UAE citizens and residents to invest in government‑backed, Shariah‑compliant securities. The minimum investment is fixed at Dh1,000, making the product accessible to individual investors. The initiative follows an IPO‑style subscription framework and uses Shariah‑compliant Ijarah or Murabaha structures. It aims to promote financial inclusion and long‑term saving while supporting the diversification and resilience of the domestic economy. The Ministry of Finance announced the scheme with collaboration from the Central Bank of the UAE to strengthen the retail investment landscape.
  • Instrument: Sovereign Retail T‑Sukuk (retail Islamic securities).
  • Minimum investment: Dh1,000; denom. in UAE dirhams.
  • Structure: Shariah‑compliant Ijarah/Murabaha; IPO‑style subscription.
  • Purpose: Financial inclusion and long‑term savings; broader market diversification.
  • Context: Part of UAE financial inclusion and capital‑market development push.

Jun 20, 2026

Uzbekistan Joins New Development Bank, Central Asia's First Member

Uzbekistan became the first Central Asian member of the New Development Bank, with membership becoming effective on 5 June 2026. The expansion broadens the bank’s geographic reach and supports regional development through project financing. Uzbekistan’s entry is expected to promote collaboration in energy, transport, and water infrastructure, aligning with regional connectivity goals and sustainable growth strategies. The move reflects a trend toward diversified funding sources for infrastructure in Central Asia and complements Uzbekistan’s national development plans to improve energy security and cross-border trade.
  • Uzbekistan's NDB membership effective 5 June 2026.
  • First Central Asian member of the New Development Bank.
  • Expands NDB footprint into Central Asia.
  • Projects may cover energy, transport, and water infrastructure.
  • Aims to boost regional connectivity and sustainable growth.
  • Aligns with Uzbekistan’s development plans.

Uzbekistan Maps Infrastructure Portfolio with New Development Bank after Accession

Following official accession to the New Development Bank, Uzbekistan began mapping an infrastructure portfolio with the lender, as reported by regional outlets on 19 June 2026. The portfolio centers on energy, transport, and water projects designed to strengthen regional connectivity and sustainable growth. Analysts note this collaboration diversifies financing sources for large-scale infrastructure and aligns with Uzbekistan’s strategic plans to upgrade power grids, rail links, and water management. The move also complements broader Eurasian connectivity initiatives and could attract regional private investment in coming years.
  • Uzbekistan plans an NDB-backed infrastructure portfolio post-accession (19 June 2026).
  • Key sectors: energy, transport, water infrastructure.
  • Aims to deepen regional connectivity and sustainable growth.
  • Diversifies financing sources for large projects.
  • Supports upgrades to power grids, rail, and water management.
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