October, 2024

Updated research. BRICS countries: economic analysis, cooperation with Russia

The admission of more and more countries to the BRICS has led to the fact that the total GDP of the participating countries has already reached 27% of the global total, and the foreign trade turnover has reached 23%, and has also opened up new opportunities for cooperation and investment.

SBS Consulting
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What is the key factor of economic growth? What contributes to the growth of technological development and strengthening international ties? And what better answer to these questions than international trade! The existence of reliable trading partners becomes a necessary criterion for sustainable development in the face of extreme geopolitical tensions. The accession of more and more countries to BRICS has already brought the aggregate GDP of member countries to 27% of the world’s total, and trade to 23%, and has opened up new opportunities for cooperation and investment.


Experts from SBS Consulting in their new study have examined how the economy and foreign trade relations of all 10 BRICS countries are organized to help the business community, analysts and economic agents to assess the prospects of inter-state cooperation and investment in trade relations.

Authors
of the study

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Vladimir Samokhvalov

Managing partner

New studies

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Development of Data Centers as a challenge for the energy sectors of BRICS+ countries

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Why Russia depends on foreign fleets: ambitions and reality

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