The share of the BRICS countries in Russia s trade balance has doubled in two years to 40%, and settlements with those countries in national currencies have more than tripled to 85%, Russian Central Bank Head Elvira Nabiullina told Sputnik
This expansion comes amidst a backdrop of Western dominance in global affairs. Russian President Vladimir Putin, as the presiding head of BRICS, confirmed the development.
Ethiopia expects its prospective membership of the BRICS club of developing countries to boost its economic growth and raise international profile, Minister of Innovation and Technology of the Federal Democratic Republic of Ethiopia Belete Molla told Sputnik.