Abstract

The topic is of current interest due to more economic and financial sanctions against Russia. The research takes its root in a standpoint that multilateral financial and economic institutions established on the basis of the BRICS’ agreements may become alternative sources of capital and finance in case of a full blockade of Russia as part of the world financial system. The practical significance of the research’s results sits in the development of approaches to forming a strategy for Russia in relations with multilateral financial institutions of the BRICS to support and finance selected fields of her economic activity under harsh economic conditions based on a targeted model of dealing with friendly and unfriendly countries. The article contains proposals and recommendations about potential adjustment of the Russian foreign economic strategy until 2025.

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