Trade investment, interconnectivity, financial cooperation and development are very important points for growth and cooperation among the BRICS countries. We already have resources, we should make full use of them.
Local currencies can be the instrument of development of emerging countries. I think there is now consensus between BRICS countries that we should increase the use of local currencies.
Today BRICS reflects future and has a potential, it creates opportunities not only for its members, it also creates opportunities for the continent of Africa.
International projects implemented at the regional level are a good instrument to develop international relations and set up joint ventures.
The development of electronic trading platforms allowing to carry out transactions and search for partners “in three clicks” is becoming particularly important for mutual integration of BRICS countries.
One of the potential directions of work for the BRICS Bank is interaction with regional development institutions of BRICS countries as well as cooperation between national and international development institutions.
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