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News - Marina Sheresheva: 3 BRICS countries are ‘leaders’ in trade with Armenia

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Marina Sheresheva: 3 BRICS countries are ‘leaders’ in trade with Armenia

by Lilit Aug. 8, 2024

BRICS+ is appealing for Armenia because the role of this organization is created by business logic itself; three BRICS countries (Russia, UAE, and China) are the "leaders" in trade with Armenia. Marina Sheresheva, Head of the Institutional Analysis Laboratory of the Faculty of Economics of Lomonosov Moscow State University, stated this at the international forum, entitled "New Horizons of Cooperation between Armenia and EAEU with BRICS and SCO," which is being held in Yerevan. According to her, BRICS is actively working towards the formation of new global management structures, new global supply chains, so the organization offers broad opportunities for consumption, bearing in mind that more than 45 percent of Earth's population lives in BRICS countries. She added that Armenia can benefit from the technological achievements of the countries of this organization. Sheresheva noted, however, that the collaboration with BRICS does not close the possibilities of collaboration with other partners.

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