Putin’s Message to BRICS: End of the ‘Sacred Cow’ of Free Competition – The West Attacks Pipelines

Source: In.gr | Original Published At: 2026-09-11 19:00:25 UTC

Key Points

• Vladimir Putin spoke at a business forum within the BRICS summit in New Delhi and said the group should build a new platform for global development free from Western rules.
• Putin accused Western competitors of trying to regain their previous leadership through sanctions, secondary threats, ship seizures and attacks on industrial facilities and pipelines.
• His remarks echoed the concerns of BRICS finance ministers and central bank governors, who oppose unilateral trade and economic measures that they say violate World Trade Organization rules.
• Putin's special envoy Kirill Dmitriev said BRICS is moving from a geopolitical grouping toward practical economic cooperation focused on business ties and payment systems.
• India and Russia reaffirmed their intention to deepen cooperation and increase bilateral trade to $100 billion by 2030, up from about $70 billion in 2024-25.
• India continues to balance ties with the United States, Gulf states, Russia, Iran and Israel while remaining a major buyer of Russian oil, despite U.S. tariff threats against countries purchasing Russian energy.