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President Vladimir Putin called for speeding up the transition of the BRICS countries to settlements in national currencies, emphasizing their growing role in international trade. This step strengthens the financial independence of the association and reduces dependence on Western currencies and infrastructure.

Russia and South Africa are forming a new economic partnership based on equal conditions and mutual benefit. The countries are developing cooperation in energy, industry, space and infrastructure, discussing new investment projects.

CoNaB experts said that Argentina's refusal to join the BRICS would lead to annual losses of about 1% of GDP. The country has lost investments, loans and new trade opportunities that could strengthen its position on the world stage.

Global trade is experiencing a series of shocks: the pandemic, sanctions, and logistical disruptions are transforming shipping routes and affecting foreign economic statistics.