BRICS Aims to Triple Trade Volume with Bold New Economic Alliances
BRICS nations—Brazil, Russia, India, China, and South Africa—are making power moves to reshape global trade flows. Their latest pledge? A 300% surge in commerce through strategic partnerships.
No more playing nice with the old financial guard. These emerging markets are cutting their own path—and the G7 isn't invited.
Will it work? Wall Street bankers are already placing bets (with other people's money, naturally). One thing's certain: the dollar's monopoly on trade just got another challenger.
BRICS Countries India & Brazil To Triple Trade Partnerships
India’s Prime Minister Narendra Modi said that the two nations plan to reach trade deals worth $20 billion. However, in the next five years, they aim to initiate trade transactions three times higher and reach $60 billion. He stressed that the goal isand the present deals are. The two BRICS nations are advancing new partnerships to strengthen their import and export businesses and boost their economies.
Brazilian President Lula da Silva also hit out at Trump for threatening the alliance with tariffs for initiating new partnerships.he said.Lula added. Negotiations for the upcoming trade deals between the two BRICS countries, India and Brazil, are most likely to begin during the first quarter of 2026.