Lavrov: BRICS Economies to Grow Faster Than Rest of World
Source: RT Arabic | Original Published At: 2026-05-15 09:55:22 UTC
Key Points
- Russian Foreign Minister Sergey Lavrov stated that BRICS economies are projected to grow faster than the rest of the world.
- BRICS and partner countries currently represent over 40% of global GDP, surpassing the G7's share of under 30%.
- Lavrov cited an expected average growth rate of approximately 3.7% for BRICS versus a 2.6% global average for the coming period.
- BRICS nations oppose political discussions within the G20 that distract from urgent tasks related to reforming the global economy and financial system.
- The article lists current BRICS members as Brazil, Russia, India, China, South Africa, Egypt, Iran, UAE, Indonesia, and Ethiopia.