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Putin Says Intra-BRICS Trade Reaches $1.2 Trillion

Russian president cites growing economic complementarity among BRICS nations as basis for new production chains and markets, according to Anadolu Agency.

· 1 min read · language: en
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Anadolu Agency (Turkey)

Russian President Vladimir Putin said trade among BRICS member states has reached $1.2 trillion, according to a report by Anadolu Agency.

Putin said the complementarity of BRICS economies offers opportunities for the creation of new production chains and markets, the report said.

The statement points to the expanding economic ties among BRICS nations, a bloc that includes Brazil, Russia, India, China and South Africa, along with newer members added in recent years.

Anadolu Agency did not provide additional details on the specific occasion of Putin's remarks or further context on the trade figures cited.

BRICS has positioned itself as a platform for cooperation among major emerging economies, with member states periodically highlighting growth in intra-group trade and investment as evidence of the bloc's expanding economic influence.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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