Russian companies have been urged to increase collaboration and investment with South Africa as a BRICS counterpart.
According to the director-general at the Department of Trade and Industry Pumla Ncapayi, a Russia-South Africa Business Council could possibly be on the cards to increase business ties.
702's Stephen Grootes spoke to Russia Today correspondent, Tumelo Mothotoane, regarding the topical issues for the BRICS Report.
South African exports have increased from R2.1 billion in 2011 to R3.7 billion currently. It's a mere 16% increase since the BRICS countries came together.— Tumelo Mothotoane, Russia Today correspondent
Listen to the interview below for all you need to know: