BRICS outperforms G7, says Putin

During the BRICS summit, Putin stated that the BRICS countries continue to deepen cooperation in key sectors and possess enormous political, economic, and human potential.

According to him, BRICS significantly surpasses some other associations, such as the G7, in terms of purchasing power parity. Moreover, the reputation and influence of BRICS are increasing globally year by year.

“The world is undergoing fundamental changes; the unipolar system of international relations is becoming a thing of the past,” Putin noted. The shared agenda among BRICS countries is in high demand given the current global situation.

Putin emphasized the importance of boosting cooperation among BRICS countries in areas such as technology, resource development, logistics, trade, and finance.