Putin Raises Sanctions and BRICS Economic Role at Business Council Plenary

Source: Известия | Original Published At: 2026-09-11 12:39:40 UTC

Key Points

• Vladimir Putin said that 30,000 sanctions have been imposed against Russia by other states, double the total number imposed on all other countries worldwide.
• The remarks were made on 11 September during the plenary session of the BRICS Business Council.
• Putin said Western competitors of BRICS were trying to regain former leadership and sometimes behaved improperly at state level.
• He said some states were directly and aggressively affecting logistics, seizing vessels and destroying infrastructure.
• Putin stated that BRICS countries provide half of global economic growth and account for more than 40% of world GDP, compared with 29% for the G7.
• He noted that BRICS states have large dynamic domestic markets and are undergoing rapid urbanization.
• Guests at the BRICS summit in New Delhi said Indian partners were attracted by good ties with Russia and opportunities to exchange ideas and innovations.