BRICS News & Analysis

BRICS

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.

ASEAN Meetings
Featured July 26, 2026

Russia’s Three Day ASEAN & Global South Meetings In Manila: Key Takeaways & Analysis

The Russian Foreign Minister, Sergey Lavrov, has held three days of meetings in Manila with all the ASEAN countries, in addition to meetings with India, Bangladesh, Pakistan, Sri Lanka, Egypt, Brazil and the United States. These took place under the Russia-ASEAN Summit, the ASEAN Regional Forum and the East Asia Summit. We provide detailed analysis of each of these discussions as well as examine the geopolitical and trade dynamics.

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LatAm Strategic
July 20, 2026

The Russia-Latin America Strategic Cooperation Forum (CORAL 2026): Trade Development and Economic Analysis

We review the Russia-Latin America Strategic Cooperation Forum (CORAL 2026) which has just taken place in Sao Paulo. Participants included Brazil, Argentina, Colombia, Costa Rica, Guatemala, Honduras, Chile, Venezuela, Paraguay, Ecuador and Russia in what was an important regional trade development event. We provide a country by country analysis and the latest Russia-Latin America trade intelligence.

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Ethiopia Bilateral
July 9, 2026

Russia, Ethiopia Bilateral Relations: July 2026 Update

Sergey Lavrov, the Russian Foreign Minister, has met with Ethiopian Prime Minister Abey Ahmed in Addis Ababa to discuss developing bilateral trade and investment. This tripled in 2025 with plenty of interest in their mutual agricultural sectors – fertilizers, grains, and coffee.

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Iraq
June 30, 2026

Iraq Eyes BRICS Membership

The Iraq Ambassador to Russia, Dr. Abdul-Karim Hashim Mostafa has said it would be a ‘good idea’ for Iraq to join the BRICS, depending on the terms. Such a move would almost certainly face US opposition.

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