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The economic center of the planet has shifted, said the Greek Premier in Russia.
Putin earlier this year promised Tsipras “hundreds of millions of euros every year” for gas transit to the EU if Greece signed on.
BRICS business leaders discuss intra-bloc trade and investment during a special session at the SPIEF on Thursday.
Political and business leaders from BRICS discussed trade, investment and the challenges the bloc faces at an economic summit in Russia.
Newly appointed BRICS Bank President Kundapur Vaman Kamath and Vice President Paulo Batista are going to take part in discussions.
Greece’s Minister of Economy Giorgos Stathakis said on Wednesday Athens is keen to join the BRICS Bank.
The meet aims to increase cultural traffic between the cross-continental bloc.
British Petroleum and Russian energy giant Rosneft are inching towards a $800 million deal, a Reuters report said.
The CRA is meant to provide an alternative to International Monetary Fund's emergency lending.
BRICS countries represent 40 per cent of the world’s population.