Putin takes dig at ‘so called’ G7, hails BRICS countries for contributing to 40% world GDP
Putin said BRICS now accounts for nearly 40% of global output, compared with 18% for the G7, and urged closer bloc cooperation.
- On Friday, Russian President Vladimir Putin addressed the BRICS Business Summit in New Delhi, praising India's economic contribution and questioning the relevance of the Seven.
- Putin noted that BRICS now accounts for 40% of global economic output, while the Seven contributes only 18%, contrasting the blocs' shrinking and growing economic shares.
- Western nations were accused by Putin of attempting to regain former economic dominance by undermining BRICS countries, with sanctions he termed unjust.
- Moscow sustained financial momentum despite trade curbs, Putin said, urging closer collaboration among BRICS partners as the alliance gains influence amid global shifts.
- BRICS remains open to cooperation with countries outside the alliance, strengthening its position as the biggest economic organization as global power shifts from Western groupings.
27 Articles
27 Articles
<p style="text-align: justify;">Russian President <a title="Vladimir Putin" href="https://www.abplive.com/topic/vladimir-putin" data-type="interlinkingkeywords">Vladimir Putin</a> on Friday proposed the creation of a new investment platform among BRICS countries to finance projects related to trade, infrastructure, logistics and technology. He said that the growing economic cooperation among BRICS countries is not against any country. Addressing…
‘More than 40% of World GDP produced by BRICS…’: Putin’s big economic comparison with G7
Russian President Vladimir Putin took a dig at the ‘Group of Seven’ (G7) on Friday on the sidelines of the BRICS summit in New Delhi, saying that it is the latter group of countries which has contributed to over 40 per cent of the world GDP in the last five years as compared to the “so-called” G7.
Modi champions UPI, Putin takes a swipe at G7’s sinking economic dominance
From Russian President Vladimir Putin taking a swipe at the G7 and Prime Minister Narendra Modi stressing on the importance of secure sea lanes for global trade and “freedom of navigation” amid disruptions in supply routes and choking of the Strait of Hormuz to the Iranian President Masoud Pezeshkian insisting on diversifying trade partners, sources of financing and payment channels, the BRICS leaders’ session on Friday evening provided a collec…
Putin on the G7’s Financial Decline: Financial Power of the West Is Losing Its Grip
Russian President Vladimir Putin has challenged the economic dominance of the Group of Seven (G7), asserting that the G7 can no longer dictate global financial policies as BRICS has become the primary engine of world economic growth. Speaking at the BRICS summit in New Delhi, Putin noted that the bloc's collective contribution to global GDP has now surpassed 40%. This shift in economic weight, he argued, undermines the traditional Western-led go…
'I Don’t Know Why They Call Them That': Vladimir Putin Takes Swipe at G7, Praises BRICS Rise | 📰 LatestLY
Russian President Vladimir Putin delivered a sharp critique of the Group of Seven (G7) industrialized nations on Friday, questioning the bloc's economic dominance during his speech at the BRICS Business Forum in New Delhi. 📰 'I Don’t Know Why They Call Them That': Vladimir Putin Takes Swipe at G7, Praises BRICS Rise .
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