Leaders from Brazil, Russia, India, China, and South Africa met on July 9, 2015, in Ufa, Russia for the Seventh BRICS Summit, which marked the entry into force of the BRICS's New Development Bank (NDB), which the leaders expect to begin accepting investment requests in the beginning of 2016. The declaration also states the leaders' concerns on international security issues such as corruption, nuclear weapons, instability and conflict, and terrorism, and their commitments to social issues like global health and education.
If an Iran nuclear deal is reached, there are three areas of debate: the deal would disarm the U.S. psychologically; the Iranians might cheat; and the Iranians comply. If Iran does abide by the agreement, the Obama administration could respond in two ways—intrusive inspections, or does not fully accept the agreement.
The U.S. and Iran are struggling to conclude what could be one of the most permissive arms-control agreements in history. Defenders of a deal insist that the U.S. could still hold Iran accountable for its pernicious policies, regardless of an accord. Such assurances miss the point that maintenance of an arms-control agreement is inconsistent with a coercive policy.
The Shanghai Cooperation Organization is expected to welcome India and Pakistan as full members at its fifteenth annual summit in Ufa, Russia. CFR's Elizabeth C. Economy and William Piekos weigh the rewards and risks of expansion.
Brazil, Russia, India, China, and South Africa (known as the "BRICS") are forming multilateral bodies intended to reduce Western influence over the global financial system, explains CFR's Stewart Patrick.
Humanitarian Relief Organizations Research Links direct volunteers and donors to organizations that provide assistance during humanitarian crises. See Development Research Links for more research organizations focused on aid.
Finance ministers from fifty-seven countries met in Beijing in October 2014 and signed a memorandum to establish the Asian Infrastructure Investment Bank (AIIB), which will focus on funding infrastructure to boost economic development in the Asia Pacific region. The Articles of Agreement were opened for signature on June 29, 2015 and must be ratifed domestically by December 31, 2016. The AIIB was inaugurated on January 16, 2016 with the first board of directors meeting and began accepting investment projects.
The massive financial gains from a nuclear deal would enable Iran’s imperial ambitions in a fracturing Middle East, writes CFR’s Ray Takeyh. At the same time, the Islamic Republic would invest the money in consolidating the power of a repressive regime.
In an article for Politico, Philip Gordon discusses the difficult issues that remain to be resolved in the negotiations with Iran as the June 30 deadline approaches. He argues the United States and its partners must stand firm on key principles and spells out what they need – and do not need – for an agreement that serves U.S. national interests.
Group of Seven (G7), which includes leaders from Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the President of the European Council and the President of the European Commission, met in Schloss Elmau, Germany on June 7-8, 2015. They released a declaration on commitments to low-carbon emission strategies, economic issues, and several foreign policy issues, such as the violence in Ukraine, nuclear safety, and addressing health threats such as Ebola and antimicrobial resistance.
In this op-ed, coauthored with Ira Belkin, Cohen argues that a draft law targeting foreign institutions — including universities, museums, athletic and cultural groups, professional associations and all nonprofit social organizations established outside of mainland China — makes clear that Beijing has become much less welcoming.
In a new Council Special Report, Enhancing U.S. Support for Peace Operations in Africa, Paul D. Williams argues that greater U.S. involvement is necessary to enhance the quality and success of peacekeeping missions.
As countries around the world struggle to combat major global challenges from terrorism to climate change, a Council of Councils Report Card on International Cooperation finds that multilateral action on most of the critical transnational threats is sorely lacking.
In an article for Politico, Philip Gordon discusses the recent nuclear framework negotiated by the United States and Iran. He argues that waiting for a 'perfect' deal would mean no deal at all–and a more dangerous Iran.
Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass. Read and download »