Intra-BRICS trade is booming, driven by the expanded BRICS+ bloc (now including energy-rich nations like Iran, UAE, Saudi Arabia) and a strong push for de-dollarization, boosting local currency settlements and new payment systems like CIPS. Key themes include diversifying supply chains, enhancing South-South cooperation, developing local payment systems (NDB, CIPS), and fostering tech/industrial integration to reduce reliance on Western markets, with total intra-bloc trade already exceeding US$1 trillion and growing significantly. Navigate the BRICS business framework. Find news on economic cooperation, the New Development Bank, and joint investment projects. Essential for businesses leveraging the powerful BRICS economic bloc.
The Russia’s Pivot To Asia detailed report on the full results of the Putin-Xi, China-Russia meetings in Beijing, complete with a thorough examination of the contents of the joint statement, signed agreements and complete analysis of China Russia developments as they happened.
The BRICS Foreign Ministers have been meeting in New Delhi in arguably a more important event than Trump’s visit to China. We explore how Russia and India are remapping the Global South and are creating new energy supply chains, security alliances and trade corridors in mechanisms that will reshape international trade.
Russian and Malaysian officials have met at the Islamic World Forum being held in Kazan. Russia’s agricultural exports are up 37% in January-April 2026 as the two sides discuss additional trade development.
A specialist Russian company, the world’s largest Titanium producer, is to supply titanium pipes for Egypt’s El Dabaa Nuclear Power Plant, which is currently being built by Rosatom. The plant will be cooled using seawater – Titanium is non-corrosive under such conditions.
President Vladimir Putin has met with the Supreme Ruler of Malaysia, Sultan Ibrahim, who has been visiting Moscow. Malaysia is a BRICS partner state and has a US$4 billion+ trade turnover with Russia, with volumes also showing sustainable growth. Ibrahim invited Putin to a formal State visit to Malaysia during 2027.
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Belarus, which was accepted as a BRICS Partner nation in 2024, is making plans to join the BRICS New Development Bank. Doing so will open up alternative opportunities to raise capital for infrastructure and related developments as an alternative to capital markets in ‘unfriendly’ nations and to be able to do so without using the US dollar or Euro.
A comprehensive overview of Russia’s trade and investment with the ASEAN nations between 2026 and 2031. We analyse all elements of mutual trade opportunities as many ASEAN countries face ongoing Middle East-driven oil supply disruptions and fertilizer supply chain and production cost uncertainties, alongside broader geopolitical realignments. Essential intelligence for anyone in the ASEAN trade space.
Russia’s VTB bank is rolling out a QR code payment system throughout Egypt to allow the bank’s clients to access up to US$4,600 per day in direct transactions from their Russian bank accounts while in the country. The QR code system is supported by national satellite telecommunications networks and is Western financial sanctions proof.
The Russian and Algerian Foreign Ministers have met in Turkiye as both attended the Antalya Diplomacy Forum. Bilateral trade is currently running at about US$3 billion per annum, with targets made to reach US$10 billion by 2030.
The Russian and Indonesian Presidents and their respective economic development teams have met in Moscow. We deep dive the meetings that were held, with an onus on energy, bilateral trade growth and mutual investments. Indonesia has a population double that of Russia and an economy growing five times faster.
The Russian and Indonesian Presidents are meeting in Moscow to discuss trade development, along with their respective economic and trade teams. Indonesia is a full member of BRICS, and has a Free Trade Agreement with the Eurasian Economic Union that entered into force last year. Bilateral trade is currently worth about US$4.7 billion.
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