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.
Zimbabwe is intensifying efforts to secure BRICS membership as part of a strategy to broaden its international partnerships and strengthen its economic position, according to Amon Murwira, Zimbabwe’s Foreign Affairs and International Trade Minister. He said that Harare has approached BRICS member countries to push for quicker admission into the bloc, stating “Zimbabwe is ready […]
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
Russian fertilizer giant Uralchem has completed the delivery of 30,000 metric tons of potash to Bangladesh as a humanitarian gesture, the company announced on Monday (January 19). The donation was conducted under the United Nations World Food Program (WFP). This is the company’s seventh donation in a series of humanitarian deliveries to developing countries since […]
With Washington openly declaring it will seize Greenland “easy or hard,” invoking Russian and Chinese threats to justify what is plainly a territorial grab, Copenhagen responds with cold clarity: Danish forces are ordered to fire first if U.S. troops attempt invasion, signaling that NATO is no shield for American overreach. Greenland’s leaders, backed by Brussels, […]
Russia’s AFK Sistema plans to open a representative office in Vietnam in 2026, with the decision made following a working visit to the country by a delegation from the corporation headed by its founder Vladimir Yevtushenkov in early January. AFK Sistema PAO is a large Russian conglomerate, with Sistema part of the AFK Group. The […]
Subscribe to receive exclusive insights and analysis on BRICS.
Brazil is ready to cooperate with Russia on rare earth metals, Brazil’s ambassador to Moscow Sergio Rodrigues dos Santos has stated, adding that such cooperation between the countries has potential. Santos stated that “We need to find ways to cooperate, and Brazil is certainly open to dialogue with Russia, both in the area of extraction […]
The Russian Ministry of Transport has said that direct flight connectivity between Moscow, Kuala Lumpur, the capital of Malaysia, and the resort destination of Langkawi is expected to launch during Q1 2026, with the country already preparing to welcome visitors from Russia. The Malaysian government has produced a special “Visit Malaysia 2026” international tourism campaign, […]
Russia’s ambassador to Bolivia, Dmitry Verchenko, has been commenting on the status of the delayed Bolivia-Russia lithium mining project between Rosatom and the Bolivian state-owned enterprise YLB (Yacimientos de Litio Bolivianos). The Joint Venture agreement was signed in September 2024; however, a change of government in Bolivia has held up any development. The JV is […]
The Second Ministerial Conference of the Russia-Africa Partnership Forum was held In Cairo on December 19-20, 2025, and convened ministers of foreign affairs, heads of regional economic blocs, and senior officials from more than 50 African nations to advance cooperation in trade, economic ties, investment, and connectivity with Russia. Hosting this event in Africa marks […]
As 2025 draws to a close, the strategic trade and economic exchanges between Russia and the Gulf Cooperation Council (GCC) have reached unprecedented depth and vibrancy. What began as periodic high-level consultations has matured into a multifaceted, mutually beneficial partnership rooted in macroeconomic complementarity, robust commercial cooperation, infrastructure connectivity, and shared interests in shaping a […]
The working visit of Indonesian President Prabowo Subianto to Moscow on 10 December and his meeting with President Putin at the Kremlin has injected new momentum into one of Eurasia’s most promising, yet underappreciated bilateral relationships. Indonesia is the world’s fourth largest consumer market, with a population of 285 million, while Russia is the world’s […]
Русский
