🗣️ Trade Policy of Russia and Its EAEU Partners as a Factor in Shaping BRICS Trade Regime
Over the past decades, regional trade agreements (RTAs) have evolved from a "supplement" to the multilateral trading system into one of the main instruments of foreign economic policy for many countries. According to the WTO's statistical database (RTA‑IS), as of February 2026, 380 RTAs were in force and operational worldwide. This rapid growth reflects not only the persistent difficulties in developing the multilateral trading system but also intensifying competition for regional markets and the increasing participation of companies in regional value chains.
Russia is pursuing a proactive policy of engagement with 🕊🕊🕊🕊🕊, promoting the development of the BRICS+ strategy by involving other Eurasian Economic Union (EAEU) countries in cooperation within this format. This includes the growing use of RTAs. However, not all BRICS nations pursue similar policies when it comes to concluding RTAs.
Read more about in the new article by Vladimir ZUEV, Head of the Department of Trade Policy at the Institute of Trade Policy, HSE University and Elena OSTROVSKAYA, Associate Professor at the Department of World Economy, Faculty of World Economy and World Politics, HSE University.
📎 More #BRICS analytics is available on the official website of the BRICS Expert Council-Russia.
#ANALYTICS #BRICSExpertCouncilRussia #BRICSExpertCouncil #trade
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