The textile tradition in Peru has very ancient origins: thanks to the discovery of textile finds in various archaeological sites, it is in fact possible to date the first evidence of textile art back in time to 4000/3000 BC, in the heart of the Inca tradition. As also demonstrated by the excellent s
BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. It was the Russian side that initiated the creation of BRICS. On 20 September 2006, the first BRICS Minis
What is International Trade? International trade refers to the exchange of goods and services between countries. This exchange can take place through various channels, such as imports and exports. It can involve various commodities, from raw materials and agricultural products to high-tech
What are Imports and Exports? Imports are the goods and services that are purchased from the rest of the world by a country’s residents, rather than buying domestically produced items. Imports lead to an outflow of funds from the country since import transactions involve payments to sellers residing