2 hrs ago
Putin Says BRICS Now Accounts for 40% of Global GDP
BRICS is a group of countries that work together on economic matters.
Vladimir Putin said these countries now produce about 40% of the world’s total economic output.
He spoke at a business meeting connected to the BRICS Summit in New Delhi.
Putin said businesses in BRICS countries should trade more with one another.
He believes these partnerships can make countries stronger during uncertain times.
Putin also said Russia’s growth shows that BRICS is becoming more important.
He said BRICS wants to protect its own interests rather than act against other countries.
Putin criticized Western sanctions on Russia.
He also accused Western countries of trying to damage Russia’s trade routes, infrastructure, and pipelines.
Russian President Vladimir Putin said BRICS nations account for around 40% of global GDP.
Putin made the remarks at the BRICS Business Forum in New Delhi.
He called stronger business-to-business ties the backbone of international economic relations.
Putin said BRICS countries were pursuing their own interests, not acting against other nations.
He criticized Western sanctions and accused Western countries of disrupting Russia’s trade links and infrastructure.
- Who
- Russian President Vladimir Putin, BRICS countries, and businesses from member countries.
- What
- Putin said BRICS accounts for around 40% of global GDP and called for stronger business-to-business ties.
- Where
- The BRICS Business Forum in New Delhi, India.
- When
- Friday, during the 18th BRICS Summit.
- Why
- Putin said closer economic partnerships could create more resilient ties amid global uncertainty.
Key facts
- BRICS economic share
- Around 40% of global GDP, according to Vladimir Putin.
- Event
- BRICS Business Forum.
- Location
- New Delhi.
- Summit
- The 18th BRICS Summit.
- Main proposal
- Stronger business-to-business ties among BRICS countries.
- Putin’s criticism
- He criticized Western sanctions and accused Western countries of disrupting Russia’s economic and trade links.
- Global context
- Putin described the world as undergoing deep structural and profound shifts.
Quotes
Vladimir Putin
Russian president speaking at the BRICS Business Forum
““It is evident that reliable business-to-business ties and economic partnerships are the backbone of international economic relations. They help build these relations in a stronger, resilient manner. They help overcome the problems the world is facing. And right now, the world is undergoing structural, deep, profound shifts,””
financialexpress.com
““BRICS countries have great, dynamic, vibrant domestic markets,””
financialexpress.com








