Putin: Our goal in BRICS is to grow ourselves, not to destroy our competitors
The Preside of Russia said at the BRICS Economic Forum that the purpose of this group is to develop member couries and increase their prosperity, not to weaken other couries or similar institutions.
According to Isna, Russian Preside Vladimir Putin emphasized that the BRICS group does not work against any foreign coury or alliance, and said that the only goal of this group is the sustainable developme and well-being of its members.
“We are closely cooperating with our BRICS partners in the field of innovation and digital economy, and looking to the future, we are joily developing e-commerce,” Putin said.
Stating that Russia is ready for beneficial and mutual trade cooperation, he said that Moscow provides competitive conditions for attracting capital and technology from abroad and puts BRICS couries as a priority for cooperation.
At the BRICS Economic Forum, he stated that this group plays an importa role in the world economy, and said that the realization of BRICS capacities will be the most beneficial for its members.
The Russian preside also emphasized the importance of close economic cooperation among the BRICS couries and said that the members of this group will play a significa role in increasing the world’s gross national product in the future.
Stating that Russia is trying to facilitate the process of accepting new members in BRICS, Putin said: “It is predicted that at the end of this year, the average economic growth rate in BRICS will be 4%, which is higher than the growth rate of the G7 couries and the world average. is.”
He we on to poi out that the total gross domestic product of the BRICS couries will be higher than the G7, and said that the economic growth of these couries will gradually become less depende on foreign influences.
He said the BRICS New Developme Bank will be an alternative to Western financial mechanisms and will play a special role in strengthening financial cooperation. However, Putin emphasized that the group’s goal is not to destroy the financial mechanisms of the West, but rather to coinue and expand its activities.
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