Putin Highlights ‘Substantial Advantage’ of BRICS

Source: RT en Español | Original Published At: 2026-09-12 10:33:15 UTC

Key Points

• Vladimir Putin said at the 18th BRICS summit in New Delhi that BRICS actively supports global technological development.
• He noted that emerging sectors such as platform economy, financial technologies, and digital trade require their own institutions and regulatory standards.
• Putin said BRICS could play a leading role in creating those institutions and that work in this direction has already begun.
• He highlighted Russian initiatives within BRICS, including payment, settlement, and custody infrastructure.
• Putin also mentioned a new investment platform, a reinsurance mechanism, and a grain exchange launched by Moscow within BRICS.
• He said business circles are interested in deeper practical cooperation with BRICS countries and that ambitious multilateral projects are being planned.