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.
Development of trade and economic cooperation with Russia will provide Africa with an opportunity to expand into the markets of Eastern Europe and Central Asia, the executive vice president of the African Export-Import Bank (Afreximbank), George Elombi, told Sputnik
“Relations between India and Russia are unique, but our trade lags behind. Bilateral trade of $10 billion is not enough,” said Consul General of the Russian Federation in Mumbai Andrei Zhiltsov during an interaction at ORF Mumbai