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.
Russia exported over 32,000 tonnes of barley to Egypt valued at nearly US$8 million in 10M 2025, the Russian Agriculture Ministry’s Agroexport center has said. The bulk of the supplies were exported in October as the domestic consumption requirement increases during the cooler months. Agroexport said that “This is an all-time high for exports of […]
Russia exported more than 24 tonnes of dried fish to Brazil totaling nearly US$400,000 in 10M 2025, according to the Russian Agriculture Ministry’s Agroexport Center. Most of the shipments were cod. Russia did not previously supply dried fish to the Brazilian market, the center said, noting that “Brazilians now have an excellent snack to go […]
As the 30th Conference of the Parties to the UN Framework Convention on Climate Change (COP-30) in Belem, Brazil, concluded without a final climate deal, the global climate agenda now stands at a crossroads. Decades of ambitious declarations from Western industrialized nations have not delivered the promised reductions in global emissions. Instead, what the world […]
The leaders of the world’s major economies are gathering in South Africa for the G20 Summit between November 22–23, and they will find themselves at a crossroads confronting a global landscape more fractured, polarized, and competitive than at any time since the end of the Cold War. What was once conceived as a practical forum […]
Russia will continue supporting its Egyptian partners throughout the life cycle of its nuclear project, including long-term supplies of reactor fuel and maintenance of the nuclear power plant, Russian President Vladimir Putin said at the ceremonial installation of the reactor vessel for the El Dabaa Nuclear Power Plant, in which he took part via video […]
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Russian exporters are aiming to increase wheat sales in Indonesia and hope especially to begin exporting wheat with 12.5% protein content to the country, according to the Russian Union of Grain Exporters and Producers. They were discussing the potential of following a trade delegation to Jakarta. The Union stated, “We have discussed the tests conducted […]
The Heads of State of the Commonwealth of Independent States member countries have approved the creation of the CIS Plus platform at the Dushanbe summit, according to a list of documents signed following the summit published by the Kremlin. In addition to declarations and concepts on security issues—counterterrorism and military cooperation—the leaders also adopted a […]
A large Russian business delegation to India has been attended by more than 30 Russian companies exporting agricultural products as well as representatives of more than 40 Indian companies, industry associations, and government authorities. The mission was organized by Agroexport and the Russian Agriculture Ministry as part of the World Food India 2025 exhibition. India, […]
Russian tourist arrivals in Vietnam doubled last year, according to Vyacheslav Volodin, the Russian State Duma speaker of the house. Volodin is paying an official visit to Vietnam as the head of a State Duma delegation and stated, “We can see the interest of Russian citizens in Vietnam growing. The number of tourists doubled last […]
Russia’s Foreign Minister, Sergey Lavrov, has met with Luis Alberto Arce Catacora, the President of Bolivia, on the sidelines of the UN General Assembly in New York. The parties discussed the current state of bilateral cooperation in various areas, including trade, the economy, and the implementation of investment projects, as well as current issues […]
The Russian Foreign Minister, Sergey Lavrov, has met with Subrahmanyam Jaishankar, the Indian Minister of External Affairs, on the sidelines of the 80th Session of the UN General Assembly in New York. They discussed pivotal issues concerning bilateral collaboration, including preparations for the forthcoming Russia–India summit, to be held at this year’s end. They also […]
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