"BRICS Summit: Putin and China Push for Global Expansion and Economic Strength"

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Source: Reuters
"BRICS Summit: Putin and China Push for Global Expansion and Economic Strength"
Photo: Reuters
TL;DR Summary

Russian President Vladimir Putin addressed the BRICS summit in South Africa via video link, stating that the BRICS grouping of countries is working towards meeting the aspirations of the global majority. Putin emphasized the principles of equality, partnership support, and respect for each other's interests as the foundation of the association's future-oriented strategic course. The summit is expected to discuss the de-dollarization of trade between member countries, with the BRICS' New Development Bank playing a significant role. Putin also highlighted Russia's focus on developing two flagship projects: a northern sea route and a north-south corridor. Additionally, he assured Africa of Russia's commitment to remain a reliable food supplier and mentioned finalizing talks on providing free grain to a group of African countries.

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