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Tags: russia sanctions | brics trade | brazil | india | china | south africa

Putin: Russia Rerouting Trade to BRICS

Putin: Russia Rerouting Trade to BRICS
Russian President Vladimir Putin lays flowers during a wreath laying ceremony at the Tomb of Unknown Soldier in Moscow, Russia, Wednesday, June 22, 2022, marking the 81st anniversary of the Nazi invasion of the Soviet Union. (Sputnik, Kremlin Pool Photo via AP)

Wednesday, 22 June 2022 07:50 AM EDT

President Vladimir Putin said Wednesday Russia was in the process of rerouting its trade towards countries from the BRICS group of emerging economies in the wake of Western sanctions over Ukraine.

Putin said that Russia was discussing increasing the presence of Chinese cars on the Russian market as well as the opening of Indian supermarket chains.

The BRICS countries comprise Brazil, Russia, India, China and South Africa.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
President Vladimir Putin said Wednesday Russia was in the process of rerouting its trade towards countries from the BRICS group of emerging economies in the wake of Western sanctions over Ukraine.
russia sanctions, brics trade, brazil, india, china, south africa
67
2022-50-22
Wednesday, 22 June 2022 07:50 AM
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