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Economy News

The Economic Times

Economy / The Economic Times

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India for boosting intra-BRICS trade through stronger value chains

Intra-BRICS trade has surged significantly, reaching USD 1.17 trillion. However, this represents only about 5 percent of global trade. This highlights substantial untapped potential for deeper integration and stronger value chains among member nations. Discussions focused on achieving more balanced trade and exploring new service sector opportunities. India's exports to BRICS countries are projected to grow.

16 May 2026 6:03 pm