Alexander Murychev Addresses BRICS Forum at the Chamber of Commerce and Industry of the Russian Federation
On June 23, 2026, a BRICS forum was held at the Chamber of Commerce and Industry of the Russian Federation, where Alexander Murychev, Chairman of the Board of the FBA EAC and Vice President of the RUIE, delivered a speech. He emphasized that the agenda of India's BRICS chairmanship is "Building for Resilience, Innovation, Cooperation, and Sustainable Development." For Russian companies, the top priorities are a global trade supply network and multimodal corridors.
On the first point: the FBA EAC proceeds from the premise that Russian companies require a diversified, friendly, and technologically driven supply network. Critical tasks include expanding foreign trade ties, establishing new international transport and logistics corridors, transitioning to settlements in friendly currencies, and developing trade and logistics hubs in friendly jurisdictions. The business community points to persisting barriers: increased costs and prolonged payment cycles, cargo insurance challenges, bottlenecks on new routes, and a lack of integrated services for exporters and importers. For BRICS, this means the trade agenda must be built around "seamless supply chains": the integration of trade, logistics, finance, and digital document flow. The growth of intra-BRICS trade to over $1 trillion, along with the rise in the share of settlements in national currencies to over 67%, confirms that the demand for such solutions is already firmly established.
On the second point: the FBA EAC views multimodal corridors as the backbone of the new foreign trade for Russia and the BRICS countries. The core thesis is that cargo must move along a seamless route where railways, ports, road transport, warehouse infrastructure, customs, and electronic document flow operate as a single, unified system.
Businesses, including those from BRICS nations, are coming to Russia primarily for economic reasons. Currently, Russia is undergoing a profound restructuring in terms of capital origin and the degree of localization. The Russian market is not merely a "sales market," but an ecosystem for long-term investment, cooperation, and access to the markets of the EAEU and third countries, Alexander Murychev concluded.