The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
On January 23, 2020, the New Development Bank (NDB) was assigned ‘AAA’ rating, outlook Stable, under the international scale and ‘AAA(RU)’, outlook Stable, under the national scale for Russia by Analytical Credit Rating Agency (ACRA)
More than four years after India and Russia signed an inter-governmental pact allowing Russia to supply 200 Kamov Ka-226T helicopters, the price negotiations have been concluded. A formal contract may be signed in the next few months
Rosselkhoznadzor, Russian federal service for veterinary and Phytosanitary Supervision, had issued a public statement saying that the transcontinental world’s sixth-largest economy on PPP (Purchasing Power Parity) and the 11th-largest on nominal GDP bordered with United States at the east and central Europe at the west, had obtained the required rights to export beefs to China
The first contract to supply Russian-Indian BrahMos cruise missiles to a third nation is planned to be signed in spring, said Praveen Pathak, the chief general manager for marketing and export of the Russian-Indian joint venture BrahMos Aerospace