The BRICS countries' domestic trade has reached $1 trillion

The BRICS countries' domestic trade has reached $1 trillion. Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), announced this on Thursday, June 26, in Telegram.

"This is a significant milestone confirming the strengthening of economic ties and the growing role of the association in shaping the new architecture of the global economy," RT quotes him as saying.

Your own calculation: why is Russia creating the BRICS grain exchange

The trading platform will strengthen the union's position in global trade

Earlier, on June 25, Russian Presidential aide Yuri Ushakov announced that Russian Foreign Minister Sergei Lavrov would attend the BRICS summit in Rio de Janeiro in July, and Head of State Vladimir Putin would join via videoconference. 360.ru .

On June 20, Putin said that at the beginning of the century, the BRICS countries accounted for only a fifth of the global economy, and today this figure is already 40%, reports NSN.