BRICS Countries Accounted for Half of Global Economic Growth
Cooperation areas
Source: Известия | Original Published At: 2026-09-11 12:35:42 UTC
Key Points
- Russian President Vladimir Putin said on September 11 at a BRICS business forum in New Delhi that BRICS countries have contributed almost half of global economic growth.
- Putin said BRICS economies produced more than 40% of world GDP, compared with 29% for the G7.
- He highlighted BRICS members' large domestic markets and rapid urbanization as factors supporting growth.
- The article said the world is undergoing deep transformations, with new centers of development emerging.
- Indian Trade and Industry Minister Piyush Goyal urged Indian businesses to expand investment cooperation with Russia and increase exports at the Innoprom India industrial exhibition.
- An Izvestia commentator said Russia, India and China form an economic base of the Shanghai Cooperation Organisation, while BRICS' economic scale continues to grow.