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.

Asia Aviation Routes
Featured March 14, 2026

Russia’s Eurasian Relations Pay Dividends As New Russia-Southeast Asia Aviation Routes Open Up

The Iran conflict has cut off Europe from its normal Southeast Asian aviation routes, yet Russia has been able to call on regional members of the Commonwealth of Independent States, BRICS, and the Shanghai Cooperation Organisation, as well as its new Asian diplomatic strategy, to reroute flights to the east and use Eurasian connectivity to access Southeast Asian tourist destinations. This move could ultimately open up new transport hubs in Central Asia to service these markets in problems persist in the Middle East.

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Sri Lanka BRICS
March 6, 2026

Sri Lanka Eyes BRICS

Sri Lanka has stated it is interested in joining the BRICS group as views it ‘as a platform to spur its economic growth.’
Neighbouring India is the 2026 BRICS chair and will host annual BRICS summit in late summer. It is possible Sri Lanka could be invited to become a partner nation.

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Iran Conflict
March 1, 2026

US-Iran Conflict: The Impact On Russia  

As readers will be well aware from reports elsewhere, the United States, in conjunction with Israel, has attacked Iran. We will make some initial observations, but generally speaking will not be focusing on this conflict (as is also the case with Ukraine) for the following reasons: We can however make some initial observations as regards […]

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Putin Speech
February 28, 2026

Russia Embraces Biotechnology As An Economic Pillar – Putin Speech

The Future Technologies Forum has been taking place in Moscow, a premium annual event that showcases and discusses the technologies of tomorrow, the impacts these may have and how to adapt to them. President Putin usually gives the Plenary speech, a signal of how important these issues are to Russia’s development. This year’s theme was […]

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AstrakhanShip
February 19, 2026

Joint Russia-Iran Ship Repair Facilities Being Planned In Astrakhan

A delegation from Iran’s IRISL Shipping Line has been visiting Russia’s Astrakhan region, with meetings held to discuss developing cooperation in shipbuilding and ship repair. The discussions included the Minister of Industry, Trade, and Energy of the Astrakhan region, Vitaly Shchepin; the Deputy Minister of External Relations of the Astrakhan region, Ilya Toropitsyn; the Director […]

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ShipMain
February 18, 2026

Call For BRICS Nations To Provide Naval Security For International Sea Lanes

The BRICS countries need strategic maritime cooperation in order to enhance security along global shipping lanes from Western piracy, according to Russian presidential aide Nikolay Patrushev. In recent weeks, the United States and France have seized tankers in international waters that they  claim are transporting sanctioned oil, while the United Kingdom has said it will […]

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KazakhstanAktau
February 12, 2026

Russia To Open Consulate In Aktau

Russia will open a Consulate General will open in Kazakhstan’s Aktau, according to a decree signed by Russian Prime Minister Mikhail Mishustin and published on the official legal information website on Wednesday (February 11). Its opening and maintenance costs will be funded “through budget allocations to the Russian Foreign Ministry envisaged in the federal budget […]

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South AfricaTrade
February 11, 2026

Putin, Ramaphosa Discuss Russia-South Africa Trade & Investment

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 […]

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Mikhail Mishustin’s Brazil
February 7, 2026

Russian Prime Minister Mikhail Mishustin’s Trade Mission To Brazil: Bilateral Analysis

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 […]

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