Russia Proposes To Create BRICS Geological Platform For Data Sharing

The Russian Natural Resources Ministry said in a statement that Russia proposes to create a BRICS geological platform for data sharing.

Russia has proposed to create BRICS geological platform for data sharing with an aim to enable the BRICS countries to exchange data on their mineral reserves and extraction technologies.

“Alexander Kozlov, the minister of natural resources and environment of the Russian Federation, met with Mosa Mabuza, the chief executive officer of the Council of Geoscience of South Africa to discuss establishing a ‘geological platform’ of the BRICS member states,” the Russian Natural Resources Ministry said in a statement.

BRICS, an economic bloc that includes Brazil, Russia, India, China and South Africa, was formed on June 16, 2009. South Africa joined BRICS in December 2010.

“Mr. Mosa Mabuza supported our proposal to create the BRICS geological platform,” Kozlov wrote on his Telegram channel following negotiations with the representative of South Africa.

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The minister explained that the platform will strengthen the cooperation of the geological services of the BRICS countries: Russia, China, Brazil, India and South Africa.

The Eurasia Economic Union (EAEU) is speeding up its design of a common payment system, which has been closely discussed for nearly a year with the Chinese under the stewardship of Sergey Glazyev, the EAEU’s minister in charge of Integration and Macro-economy.

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