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BRICS internal trade reaches $1 trillion
Photo: CFP

Internal trade among BRICS member states has reached $1 trillion, according to Kirill Dmitriev, Special Representative of the Russian President for economic cooperation and CEO of the Russian Direct Investment Fund (RDIF).

"Internal trade of BRICS countries has reached $1 trillion. A major milestone, which confirms the strengthening of economic ties and the growing role of the association in the formation of a new architecture of global economy. We continue strengthening business ties, including through the BRICS Business Council, as requested by Russian President Vladimir Putin," Dmitriev said on his Telegram channel, News.Az reports, citing TASS.

At the plenary session of the St. Petersburg International Economic Forum Putin invited Russia's partners, including BRICS members, to form a new global growth model, which is to replace the old mechanisms of the era of globalization and the West’s dominance.


News.Az 

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