The head of the Ministry of Economic Development announced the growth of trade between Russia and the BRICS countries by 38%

According to him, Russia's foreign trade turnover with its BRICS partners shows significant growth.

“Following the results of 2021, trade increased by 40% and reached a record $164 billion. In the first quarter of 2022, there is also a significant increase - 38% compared to the first quarter of 2021,” TASS quoted Reshetnikov as saying during the 12th meeting of the ministers of economy and foreign trade of the BRICS countries.

Earlier, Russian Foreign Minister Sergei Lavrov said that economic cooperation between Russia and China would intensify in the near future.