Trade exchange between Moscow and BRICS countries increases by 14.7% in the first six months of 2024

In the first six months of 2024, trade exchange between Moscow and BRICS countries increased by 14.7% compared to the same period in 2023, according to the official website of the Mayor of Moscow. Sergey Sobyanin, the city's mayor, has focused on supporting export-oriented companies, leading to this growth. Deputy Mayor Maksim Liksutov highlighted that Moscow achieved a record result, surpassing the national growth rate of 5.7%. Key areas of cooperation include microelectronics, automotive, agriculture, power engineering, chemical and pharmaceutical industries, and construction materials. This reflects Moscow's commitment to strengthening international economic ties with BRICS nations.

According to the results of the first six months of 2024, trade exchange between Moscow and the BRICS countries increased by 14.7 per cent compared to the same period of 2023. This is reported by the official website of the Mayor of Moscow.

"On the instructions of Sergey Sobyanin, the city actively supports the capital's export-oriented companies and helps manufacturers to find new partners in foreign markets. For example, in the first six months of 2024, trade turnover between the capital and BRICS countries increased by 14.7 per cent compared to the same period in 2023.

Moscow has demonstrated a record result – the all-Russian indicator at the end of the first six months of 2024 increased by 5.7 per cent," said Maksim Liksutov, Deputy Mayor of Moscow for Transport. As noted, within the framework of international cooperation Moscow offers foreign counterparties mutually beneficial projects in various fields: microelectronics, automotive, railway, agricultural and power engineering, aircraft and machine-tool construction, chemical and pharmaceutical industries, production of construction materials and products of the agro-industrial complex.