Putin says replacement of ‘old leaders’ by new is inevitable

Source: Московский Комсомолец | Original Published At: 2026-09-11 13:47:26 UTC

Key Points

• Vladimir Putin made the remarks at the BRICS Business Forum in India, which traditionally precedes the BRICS leaders' summit.
• He said the world is undergoing deep structural transformations and that new locomotives of development are replacing the old leaders of economic growth.
• Putin noted that the old leaders still retain advantages such as developed infrastructure, advanced technologies, and strong scientific schools.
• He cited data saying BRICS countries produced 40% of global GDP over the past five years, compared with 29% for the G7.
• Putin said BRICS contributed nearly half of global economic growth over the same period, while the G7 contributed 18%.
• He said Western countries were trying to regain their former leadership through measures such as blocking transport corridors, seizing ships, and imposing sanctions.
• The article notes that BRICS currently includes 11 member states.