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Putin Highlights B2B Ties as BRICS Economic Influence Grows
Vladimir Putin spoke at a BRICS business meeting in New Delhi.
He said companies working together can help countries build stronger economic relationships.
He also said the world economy is changing.
Older economic powers are being joined by new countries that are growing quickly.
Putin said BRICS countries produce more than 40% of the world's economic output.
He compared this with 29% for the G7 countries.
Business and government leaders at the meeting discussed trade, technology, investment and development.
India is leading BRICS activities in 2026 and wants members to work together on practical solutions.
Vladimir Putin called reliable business-to-business ties the backbone of international economic relations.
Putin said global economic power is shifting from established leaders toward new growth engines.
He said BRICS countries account for more than 40% of global GDP, compared with 29% for the G7.
The BRICS Business Forum brought together leaders and officials to discuss trade, investment, finance, technology and development.
India is hosting the 18th BRICS Summit under its 2026 chairship, focused on resilience, innovation, cooperation and sustainability.
- Who
- Russian President Vladimir Putin, alongside Prime Minister Narendra Modi, BRICS leaders, ministers and business representatives.
- What
- Putin addressed the BRICS Business Forum 2026 and emphasized the importance of business ties and economic partnerships.
- Where
- New Delhi, India.
- When
- Friday, during the 2026 BRICS Business Forum and ahead of the BRICS Leaders' Summit.
- Why
- The forum was held to discuss trade, investment, finance, technology and development challenges, while strengthening economic cooperation among BRICS countries.
Key facts
- Event
- BRICS Business Forum 2026
- Location
- New Delhi, India
- BRICS GDP share
- More than 40% of global GDP, according to Putin
- G7 GDP share
- 29% of global GDP, according to Putin
- BRICS membership
- 11 countries
- India's role
- Host of the 18th BRICS Summit and 2026 BRICS chair
- Chairship theme
- Building for Resilience, Innovation, Cooperation and Sustainability
Quotes
Vladimir Putin
Russian President speaking at the BRICS Business Forum 2026
“This gathering shows the growing interest in strengthening business contacts and relations across the BRICS space. It is evident that reliable business-to-business ties and economic partnerships are the backbone of international economic relations. It helps build relations in a stronger, more resilient manner. It helps to overcome the problems the world is facing”
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“It is in the nature of things, nature of humanity and nature of economy that changes can't be stopped, and the world is always changing, and this is attested to by objective facts in the last five years”
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