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.
Russian President Vladimir Putin has held a phone call with his South African counterpart, Cyril Ramaphosa, the Kremlin press service has stated, saying that they “discussed issues related to the further development of mutually beneficial cooperation in the fields of trade, economy, and investment based on the Russian-South African comprehensive strategic partnership.” In addition, the […]
Russia’s Prime Minister Mikhail Mishustin’s visit to Brazil on 5 February 2026 came at a moment when both Russia and Brazil are redefining their economic and geopolitical positioning in an increasingly fragmented world. Against the backdrop of global trade disruption and Western coercive pressure on Russia, together with Latin America and the Caribbean Region’s search […]
On January 29, 2026, the Kremlin once again became a focal point of global diplomacy as President Vladimir Putin held extensive talks with President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan. The geopolitical and economic substance of the meeting reflected the consolidation of a Russia-UAE strategic partnership at a moment […]
Fish processing enterprises in Brazil are preparing to export their products to Russia, with specialists from the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) planning to inspect five Brazilian fish processing enterprises in February for compliance with Russian requirements, Rosselkhoznadzor has said. There are no Brazilian enterprises in the Russian register of certified fish […]
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 […]
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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 […]
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, […]
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