The economies of the BRICS countries (Brazil, Russia, India, China and South Africa) surpass the Group of Seven (G7) countries in terms of purchasing power parity. Russian President Vladimir Putin expressed this in a video message he sent to the participants of the BRICS Business Forum held in Johannesburg as part of the 15th BRICS Summit. TASS.
Former Brazilian President Luiz Inácio Lula da Silva declarationThat the BRICS association does not intend to oppose itself to the G7 and G20.
Before that, Russian Foreign Minister Sergei Lavrov aforementionedThat BRICS will not be a “new collective hegemon”.
According to the Financial Times, one of them main themes The BRICS summit will be the organization’s largest expansion in the past 10 years. As one of the representatives of the Beijing delegation said, in case of successful admission of new members, the club will have a share of world GDP comparable to the Big Seven.
former name Putin announced Refusing to go to the BRICS summit.