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The Impact of US Tariffs on BRICS Plus Trade Relations
The Impact of US Tariffs on BRICS Plus Trade Relations
The Impact of US Tariffs on BRICS Plus Trade Relations
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T@admin By T@admin
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August 18, 2025
The Impact of US Tariffs on BRICS Plus Trade Relations
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The Role of BRICS Plus in Developing Transit Corridors and Its Impact on Global Trade
BRICS Plus, with its new members Iran, Egypt, the UAE, Saudi Arabia, and Ethiopia, has emerged as a major player in international logistics and transportation. By controlling key transit routes such as the Suez Canal and the Strait of Hormuz, and developing international corridors like the North-South Corridor, BRICS Plus is redefining global trade flows. This article examines the group’s role in developing transit infrastructure, its impact on global trade, and the challenges it faces. The Importance of Transit Corridors in Global Trade Transit corridors, such as China’s Belt and Road Initiative or the North-South Corridor, serve as critical arteries for global trade. These routes enable the efficient and cost-effective movement of goods across continents. BRICS Plus, with members strategically located in key geographic regions, has significant potential to enhance these corridors. For instance, Egypt’s control over the Suez Canal, Iran’s access to the Persian Gulf and Caspian Sea, and Brazil’s key Atlantic ports provide strategic advantages for global logistics development. Iran’s Role in Transit Corridors Iran, as a new BRICS member, plays a central role in developing transit corridors. Its geographic position as a bridge between Asia, Europe, and the Middle East facilitates the integration of East-West and North-South trade routes. The North-South Corridor, stretching from India to Russia via Iran, is a flagship project for BRICS Plus. This corridor can significantly reduce transit time and costs between India and Russia, boosting trade between these nations. Additionally, Iran’s development of ports like Chabahar provides access to the Indian Ocean, serving as a gateway for Indian and Chinese goods to reach Middle Eastern and European markets. Iran’s expanding railway infrastructure, part of the 382,000-kilometer BRICS rail network, further enhances the group’s transport capacity. BRICS Plus Logistics Cooperation BRICS Plus is focused on developing transport infrastructure to enhance its global competitiveness. For example, Russia’s proposal to establish a BRICS grain exchange could stabilize pricing and boost intra-group grain trade. In 2023, BRICS countries produced 1.17 billion tons of grain, accounting for 42% of global production. With new members, this figure has risen to 1.24 billion tons. Moreover, BRICS Plus is working to create a network of transport routes independent of Western-controlled pathways. This is particularly critical given Western sanctions that have disrupted traditional trade routes. For instance, oil sanctions on Russia and Iran have pushed these countries to develop alternative transit corridors. Logistical Challenges Despite its potential, BRICS Plus faces logistical challenges. Some member states, such as Ethiopia, lack sufficient port infrastructure despite their strategic location in the Horn of Africa. Additionally, political and economic tensions, particularly between China and India, could hinder logistics cooperation. External pressures, such as US tariff threats in 2025, may also discourage investment in transit projects by some members. Impact on Global Trade The development of transit corridors by BRICS Plus could reshape global trade dynamics. By reducing reliance on Western-controlled routes like the Panama Canal or the Strait of Malacca, BRICS Plus can redirect trade flows toward alternative pathways. This not only boosts intra-group trade but also empowers developing nations to play a more active role in global commerce. Furthermore, transit corridor development can attract foreign investment. For example, Chinese investments in Iran’s Chabahar port and Egypt’s Suez Canal projects could enhance these countries’ trade capacities. Such investments also create jobs and strengthen local economies. Conclusion BRICS Plus is positioning itself as a leader in global trade through its focus on transit corridors and logistics infrastructure. The roles of Iran, Egypt, and other new members are critical to this process, but success depends on overcoming internal and external challenges. By continuing this trajectory, BRICS Plus could emerge as a powerful alternative to the Western-dominated trade system. Source: Eghtesad Moaser - Strengthening the Interests and Rights of Developing Economies
The Role of BRICS Plus in Developing Transit Corridors and Its Impact on Global Trade
Articles
T@admin By T@admin
 - 
August 18, 2025
The Role of BRICS Plus in Developing Transit Corridors and Its Impact on Global Trade
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The Expansion of BRICS Plus in Global Trade and Its Impact on the Economic Order
The Expansion of BRICS Plus in Global Trade and Its Impact on the Economic Order
The Expansion of BRICS Plus in Global Trade and Its Impact on the Economic Order
Articles
T@admin By T@admin
 - 
August 18, 2025
The Expansion of BRICS Plus in Global Trade and Its Impact on the Economic Order
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