Intra-BRICS Trade Turnover Reaches $1.2 Trillion

Source: Известия | Original Published At: 2026-09-13 06:33:32 UTC

Key Points

• Russian President Vladimir Putin said on September 13 at a BRICS outreach summit that intra-BRICS trade turnover had reached $1.2 trillion.
• Putin stated that BRICS member countries account for almost one-quarter of global exports.
• He said BRICS provides 49% of global GDP growth dynamics.
• Putin said BRICS' potential for further development is far from exhausted.
• He called strengthening the capacity of the New Development Bank an urgent task.
• Putin also referred to a new BRICS investment platform that could attract capital for member states and partners.