Putin: BRICS Will Drive Global Economic Growth
Russian President Vladimir Putin has declared that the BRICS group will generate most of the global economic growth in the coming years, citing its size and relatively rapid growth compared to Western developed nations.
Speaking on Friday, Putin emphasized the significant role that BRICS countries—Brazil, Russia, India, China, and South Africa—will play in shaping the future of the global economy. He highlighted the group’s expanding influence and the increasing cooperation among member nations.
“The BRICS nations possess enormous potential and are set to become the main drivers of global economic expansion,” Putin stated.
The Russian leader is set to host a summit of the BRICS group in the city of Kazan from October 22 to 24. The summit is expected to focus on enhancing economic ties, fostering innovation, and discussing strategies to bolster the collective growth of member countries.
The upcoming summit in Kazan signifies Russia’s commitment to strengthening partnerships within the BRICS framework. As global economic dynamics shift, the collaboration among these nations is poised to have a profound impact on international trade and development.
Reference(s):
cgtn.com