He explained that the BRICS countries must take gradual steps, adding that Russia Intends to support the group’s new bank.
Putin is keen to build the BRICS group into a strong entity that competes with the West in global politics and trade.
The group has expanded to include: Egypt Ethiopia, Iran, and the UAE, in addition to its members Brazil, Russia, India, and…China And South Africa.
Putin said that the BRICS group will achieve most of the global economic growth in the coming years thanks to its member states and their relatively rapid growth compared to advanced Western countries.
Putin hopes that the BRICS group will turn into a strong entity that competes with the West in politics and trade at the global level. The group expanded to include Egypt, Ethiopia, Iran, and the Emirates, in addition to its members Brazil, Russia, India, China, and South Africa.
Russia is scheduled to host the group’s summit in Kazan from October 22 to 24.
