BRICS trade boom leaves average global growth behind – Russian Foreign Ministry

“According to statistics, the growth of trade among BRICS states significantly outpaces both the global average growth rate of foreign trade and the pace of trade between individual BRICS members and their other partners,” Russian Deputy Foreign Minister Sergey Ryabkov announced.

“This is simply an indication that BRICS—without being any kind of ‘magic wand’—can genuinely help resolve problems,” he underscored.

Ryabkov noted that this potential needs to be further developed, and that the political will to do so is in place.