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The trip was canceled after the French President said he would only discuss Syria.
Trade between the BRICS countries in 2014 was up by more than 70 per cent to $291 billion.
"We are working for a strategic partnership anchored on trade and security," Zuma said.
Oil prices rose to one-year highs on Russia's pledge but quickly subsided on fears cuts may be too token.
Turkey expects Putin's visit to hasten the normalization of ties which neared collapse after the SU-24 incident last year.
The mainland Chinese indices were also buoyed by a rally in energy company trade.
The BRICS countries account for more than a quarter of the world’s economic output.
A French draft resolution had called for an end to aerial bombing and oveflights of Russian, Syrian aicraft over Aleppo.
The Lower House of Russia's Parliament, the Duma, has ratified a deal to keep the air force in Syria indefinitely.
The Russian FM said that Washington should quiet the rhetoric calling for the US military to use force in Syria.
