Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
Politician says Russia vs Mexico football game will be interesting to watchSport June 23, 21:11
MOSCOW, October 20. /TASS/. Russian Industry and Trade Minister Denis Manturov proposed to establish economic coordination between BRICS and the Eurasian Economic Union (EAEU), he said Tuesday.
"I propose to start working on opportunities for reducing barriers between the BRICS and the EAEU in order to boost mutual trade, increase investment and new full-scale industrial projects," he said.
Manturov noted that both BRICS and EAEU are huge markets that become objects of global competition amid declining demand. "Thus, to avoid a conflict of interest, in the framework of the EAEU we created a system of sectoral balances," the Minister said.
The Russian Industry and Trade Ministry also intends to develop mechanisms for coordinating promoting products to the markets of the third world countries.
"I am sure that these algorithms can be adjust to the level of EAEU - BRICS," Manturov concluded.