BRICS News & Analysis

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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.

Uganda Energy
Featured November 3, 2026

Rosatom, Ugandan Energy Ministry Sign Nuclear Energy Development Roadmap, 2026 Bilateral Trade Analysis

Russia’s Rosatom and the Ugandan Ministry of Energy and Mineral Development have signed a roadmap for cooperation in nuclear energy. It calls for a dedicated working group to assess Uganda’s national nuclear infrastructure and identifies joint steps to enable discussion of a contract for engineering surveys to select a site for the Nakasongola Nuclear Power Plant. In terms of bilateral trade, 2026 bilateral trade volumes look set to increase by 70% and reach about US$336 million. We discuss the trade and investment dynamics.

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Eritrea Relations
Featured November 2, 2026

Russia, Eritrea Bilateral Relations & Trade Development: October 2026 Update

The Russian President, Vladimir Putin, has met with Isaias Afwerki, the President of Eritrea at the Kremlin, on the sidelines of the 2026 Russia–Africa Summit. Russia is poised to make investments in Eritrean ports as Moscow has entered into talks to set up a logistics centre in the country, although it must balance this against its relations with Ethiopia, a full BRICS member, with whom Eritrea is at war. 2025 Russia-Eritrea bilateral trade reached US$13.5 million in 2025, with most of this being Russian exports of grains and fertilizers. We examine the geopolitical and trade development issues.

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Russia SADC
November 1, 2026

Russia, Southern African Development Community Sign Action Plan On Cooperation: Details & Analysis 

Russia has signed a Joint Development Action Plan with the Southern African Development Community. The SADC has a collective population of about 406 million, a combined GDP (PPP) of US$2.62 trillion, and a projected combined 2026 GDP growth rate of 3.2%, according to the IMF. Current bilateral trade with these 16 southern African nations is just a collective US$2 billion per annum, however the Action Plan contains development programmes to substantially improve this. We examine the plan and look into the implications. This article is of substantial interest to anyone in the Russia-Southern Africa trade and development sector.

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Bolivia Trade Dynamics
October 21, 2026

Russia, Bolivia 2026 Trade Dynamics: Explainer & Analysis

Bolivia’s trade with Russia is small, yet has potential. In this article we discuss the trade history, the main products in the bilateral portfolio and examine why the commercial picture remains erratic. However, with Bolivia recently joining Mercosur and becoming a BRICS partner, and Russia identifying Mercosur as a Foreign Trade Policy target, the bilateral trade picture could improve in the neat future.

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Russia Iran Relations
October 20, 2026

Russia, Iran Bilateral Relations: October 2026 Update

The Russian Foreign Minister, Prime and Deputy Prime Ministers have all held a series of meetings with senior Iranian officials including the President, and Foreign and Trade Ministers. We examine the security issues, two separate rail connectivity developments, nuclear energy, bilateral trade growth and where Iran is poised to fit into the Eurasian and African trade and supply chains. It is essential reading for anyone involved in Middle Eastern and Central Asian affairs.

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Herring
October 15, 2026

Egyptian Imports Of Russian Herring Increase From 100 Tonnes In H1 2025 To 5,600 Tonnes In H1 2026

Russia’s exports of herring to Egypt have undergone a massive surge, from 100 tonnes in H1 2025 to 5,600 tonnes in H1 2026. The fish is a standard ingredient in many Egyptian dishes such as Renga bel Tahini. The overall African demand for herring is expected to triple by 2030.

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