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The Russian Foreign Minister said Moscow is ready to discuss the issue of foreign investment with those interested in Crimea.
The decision on the location of the BRICS Bank will not depend on financial muscle, says South Africa.
Prices of fresh fruits jumped 19.8 per cent year on year in June.
India’s railway budget presented on Tuesday has revised up the plan outlay to 654.45 billion rupees for 2014-2015.
Beijing welcomed the “expanded connection between the markets of BRICS and South America”.
Air China signed an agreement with its Star Alliance partner German airline Lufthansa.
In their push for a multi-polar world, BRICS and South American nations are allied.
Merkel's business entourage includes top executives of Volkswagen, Siemens, Airbus, Deutsche Bank and Lufthansa.
Iraq has already received Sukhoi jets from Russia.
The influence of these emerging economies in the global financial architecture as well as global politics is growing.