Iran Ramps Up Trade With BRICS Nations ...Middle East

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Iran Ramps Up Trade With BRICS Nations
Non-oil trade between Iran and members of the BRICS alliance of emergent economies – Brazil, Russia, India, China, and South Africa – reached $38.43 billion in fiscal year 2022-23, according to data released by the Islamic Republic’s Customs Administration. This represents a 14 percent increase from the previous fiscal year. China remains Iran’s main trade partner in the BRICS alliance, with $30.32 billion in trade, an increase of 37 percent. India comes next with $4.99 billion, a 47 percent hike; Russia follows with $2.32…

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