BlogNewsBRICS Intra-Trade Reaches 37% Of The World’s Transactions

BRICS Intra-Trade Reaches 37% Of The World’s Transactions


The BRICS countries initiate billions worth of trade deals in transactions for crude oil, gas, and other goods and services. Trade between BRICS members increased by 56% between 2017 to 2022 among the existing five countries Continue…

BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.

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