RIO DE JANEIRO | TASS | BRICS outstrips many heaps of associations, in conjunction with the Neighborhood of Seven, in financial phrases, Russian President Vladimir Putin said.
“The BRICS nations not simplest myth for a third of the plant’s ground territory and nearly about half of its population, they furthermore myth for 40% of the global financial system, with their aggregate GDP in phrases of the shopping energy parity reaching 77 trillion US greenbacks, basically based on the IMF knowledge for 2025. By the manner, BRICS seriously outperforms some diversified affiliation, in conjunction with the Neighborhood of Seven with its 57 trillion US greenbacks, as concerns this index,” he said at the BRICS summit by strategy of a video hyperlink.
“The main thing is that the BRICS nations proceed rising cooperation in key areas of politics and security, financial system and finance, cultural and humanitarian exchanges,” the Russian chief emphasized, adding that now the expanded affiliation entails main countries of Eurasia, Africa, the Middle East, and Latin The usa and has “a actually huge political, financial, scientific-and-technical, and human doable.”
The Russian president thanked his Brazilian counterpart, Luiz Inacio Lula da Silva, and the Brazilian BRICS presidency in promoting the strategic partnership contained in the affiliation.
Brazil is webhosting a usual BRICS summit on July 6 and 7. Putin took allotment in the summit’s plenary session by strategy of video hyperlink.
