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Russian President Putin lauds BRICS for ‘dictate-free’ cooperation

Russian President Vladimir Putin

Russian President Vladimir Putin says Moscow plans to continue working with fellow members of the BRICS group to create a system of equal and mutually beneficial partnership.

Putin made remarks in a greeting letter on Monday addressed to participants, organizers, and guests of the St. Petersburg International Economic Forum (SPIEF).

“Together with our partners, primarily within the BRICS association, we intend to continue working to build an effective system of equal and mutually beneficial international cooperation – free from all forms of discrimination, dictate, and sanction pressure,” the president wrote.

This year’s SPIEF opens on June 18 and runs through June 21.

The 28th annual event is expected to attract thousands of participants from various parts of the world, as well as members of the Eurasian Economic Union and the Association of Southeast Asian Nations.

BRICS was established in 2009 by Brazil, Russia, India, and China, with South Africa joining in 2010. The bloc later expanded to include Iran, Egypt, the United Arab Emirates, Ethiopia and Indonesia.

The bloc’s members now represent more than two-fifths of the global population.

In 2024, BRICS grew to account for 40% of the world’s economy in Purchasing Power Parity (PPP) terms.

Last year, speaking at a meeting of BRICS security representatives in St. Petersburg, Putin said 34 nations had expressed interest in joining or cooperating with the group in one form or another.

Earlier this year, Russian Foreign Minister Sergei Lavrov said BRICS continues to attract countries from the Global South and East, as many “seek equal and mutually beneficial partnerships for the sake of joint development.”

The top Russian diplomat said the economic bloc had become a leading platform for aligning the interests of the global majority.


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