Putin Says BRICS Business Circles Seek Deeper Cooperation

Russian President Vladimir Putin said business circles within the BRICS group of nations are showing increased interest in deepening cooperation, according to a report by Russian state news agency TASS.

Putin was quoted as saying that "ambitious multilateral projects are looming" among BRICS members, pointing to potential expansion of joint economic initiatives among the bloc's business communities.

The BRICS grouping, which includes Brazil, Russia, India, China and South Africa among its members, has in recent years sought to expand its economic and political influence, with member states periodically discussing trade, investment and financial cooperation initiatives.

TASS did not provide further details in the excerpt regarding the specific projects referenced by Putin or the venue and context of his remarks.

This report is based on information published by TASS. Further details on the specific initiatives and their scope were not immediately available.