Russian space budget may grow this yearScience & Space May 26, 20:48
Moscow hopes London High Court will deliver judgement on Ukraine’s debt to Russia soonBusiness & Economy May 26, 20:21
Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
WADA receives Russia’s new national anti-doping planSport May 26, 19:14
Moldova’s ruling pro-European coalition breaks upWorld May 26, 19:12
NEW DELHI, March 28 (Itar-Tass) -- Trade turnover among the five countries making up BRICS /Brazil, Russia, India, China, and South Africa/ plan increasing their trade turnover to $ 500 billion by 2015, says a statement issued at the end of the BRICS business forum that was held in Delhi Wednesday.
The document says development of business cooperation among the five countries is a mandatory condition and it is called upon to help the solution of internal problems each of the five countries runs into and to assist the worldwide economic growth at the same time.
About 500 top business executives, including some 80 Russian ones, took part in the forum hosted by the Federation of Indian Chambers of Commerce & Industry. The participants looked at the BRICS cooperation in the fields of stability, security and development.
The five sessions held as part of the forum were devoted to cooperation in energy security with accent on the renewable sources of energy, improvements in financial collaboration for an increase of trade and investment, the role of information and communication technologies and innovations in the promotion of business partnerships among BRICS countries, and the role the five nations can play in ensuring the global foodstuff security.
Economics Minister Elvira Nabiullina led the Russian delegation to the forum that was held in the run-up to the forth summit of the informal association of the five countries.