BRICS Warns Against Unilateral Tariffs and Trade Barriers
BRICS finance ministers and central bank governors expressed serious concern over unilateral tariffs and trade restrictions, saying such measures threaten global trade and economic stability.
BRICS finance ministers and central bank governors expressed serious concern over unilateral tariffs and trade restrictions, saying such measures threaten global trade and economic stability.
The Russian president said BRICS members are building equitable cooperation and proposed an investment platform to attract private capital into strategic sectors.
At the BRICS Business Council plenary session, Russian President Vladimir Putin said Russia faced 30,000 sanctions and highlighted BRICS’ contribution to global economic growth.
Speaking at the plenary session of the BRICS Business Forum, Russian President Vladimir Putin said BRICS economies accounted for more than 40% of global GDP over the past five years, compared with 29% for the G7.
Key quotes from Vladimir Putin’s speech at the plenary session of the BRICS Business Forum held in India.
A dedicated BRICS Agriculture Portal is planned to boost agricultural trade, technology, innovation, and collaboration among BRICS countries.
Russian President Vladimir Putin said at a BRICS business forum in New Delhi that BRICS countries have generated nearly half of global economic growth and produce more than 40% of world GDP.
Speaking at the BRICS business forum in New Delhi, Russian President Vladimir Putin highlighted the group’s growing share of global output and cited BRICS companies as examples of expanding economic influence.
BRICS begins its 18th summit in New Delhi with 11 members and 10 partner countries, as the bloc’s economic weight is examined through purchasing power parity and exchange-rate measures.