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.

Featured 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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Featured October 19, 2026

Indian Ambassador: India-Russia Trade Increased 24.3% In H1 2026

Russia-India bilateral trade volumes hit US$38 billion in the first six months of this year and are on track to reach the US$100 billion goal set for 2030, according to Indian Ambassador Vinay Kumar. He was speaking at the Russia-India TIME Business Forum in Kazan on Thursday. These are record amounts in bilateral trade.

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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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September 21, 2026

2026 WorldFood Moscow, St. Petersburg Global Fishery Forum & Seafood Expo: Russia Builds A New Food and Fisheries Trade Network Across Asia, Africa, Latin America, and the Global South

The WorldFood and Russian Sea Food Expos have been taking place in Moscow and St. Petersburg with significant trade delegations attending from China, India, ASEAN, Brazil, Egypt and the Middle East as well as most of the Global South nations. We discuss in considerable detail how Russia’s agricultural trade is interacting with these international markets in both exports and imports, within an industrial sector whose output is measured in the trillions of dollars.

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September 17, 2026

The Africa, BRICS & SCO Development Framework – A New African-Eurasian Economic Corridor Emerges: Analysis

Africa’s development potential loomed large over both the recent BRICS and SCO summits, with MoU being signed to better integrate economic development, trade and investment. We examine the increasing links between Africa and Eurasia in a detailed and wide-ranging analysis. This report will be of interest to anyone involved in African development.

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