08/08/2025
What is the IMBRICS Forum, and Why Should Ugandan Businesses Pay Attention?
The global economy is changing, & new alliances are forming. Those who engage in these opportunities will be the ones to benefit. One significant platform currently shaping the future of global cooperation is the IMBRICS Forum, a prominent gathering within the broader BRICS+ economic alliance. So, what exactly is IMBRICS?
Understanding IMBRICS
The International Municipal BRICS Forum (IMBRICS) is a high-level platform supported by the Federation Council of the Russian Federation & key BRICS institutions. It unites governments, city mayors, private sector leaders, investors, researchers, & entrepreneurs from Brazil, Russia, India, China, South Africa, & friendly partner nations.
This year’s edition will take place in Saint Petersburg, Russia, from October 29th to 31st, 2025. The focus will be on enhancing regional and economic cooperation through innovation, trade, technology,& diplomacy.
Uganda has received an official invitation, & AGRITRADE Uganda is honored to coordinate the national delegation for the country.
💼 Why It Matters for Uganda’s Private Sector
This isn’t just another international event. It’s a strategic opening for Ugandan businesses to:
✅ Access New Markets – BRICS+ represents 40% of the world’s population & growing trade potential.
✅ Promote Exports – Agriculture, ICT, tourism & manufacturing Uganda has value to offer the world.
✅ Attract Investment – Over 5,000 participants, including banks, investors, & decision-makers.
✅ Elevate SME Voices – Especially women-led & youth-driven businesses ready to scale globally.
✅ Engage in Economic Diplomacy – Uganda must be present where global policy & trade frameworks are shaped.
🌐 The Power of the ‘Municipal’ Angle
IMBRICS is unique in its focus on city-to-city & region-to-region partnerships. This approach allows businesses in Mbarara, Gulu, or Mbale to establish direct connections with local governments & investors in China, Brazil, or India, bypassing national politics.
This represents the future of inclusive & decentralized trade.
Uganda's Presence is Essential
If we don’t assert our presence at important forums, others will make decisions for us. The time to prepare is now.
AGRITRADE Uganda is organizing a delegation of forward-thinking SMEs, exporters, innovators, & business leaders to represent our nation with excellence at the IMBRICS Forum.
This is more than just an event; it’s a gateway to global opportunities.
📣 To partner, sponsor, or join the Uganda Delegation, reach out:
📧 [email protected] | ☎ +256 788 760 782
🌐 www.agritradeug.org
Together, let’s amplify Uganda’s voice in global trade.
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