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Putin takes potshots at so-called G-7 , says over 40% of world's GDP has been produced by the BRICS count

  • Posted on September 12, 2026
  • By Business News Today
  • 1 Views
  • 1 min read
In brief

Vladimir Putin highlights BRICS nations' growing economic influence, asserting they collectively generate over 40% of global GDP. The Russian leader dismisses the G-7's diminishing relevance in international affairs while defending Russia against Western sanctions tied to the Ukraine conflict. Putin underscores Moscow's strategic pivot toward strengthening ties with emerging economies and reliable partners, positioning BRICS as a counterbalance to traditional Western-dominated economic structures.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Putin takes potshots at  so-called G-7 , says over 40% of world's GDP has been produced by the BRICS count
Putin takes potshots at so-called G-7 , says over 40% of world's GDP has been produced by the BRICS count

Russian President Vladimir Putin emphasized the pivotal role of BRICS nations in fostering global economic growth and demographic expansion. He criticized the relevance of the G-7, branding it as the 'so-called G-7,' and condemned the extensive sanctions imposed on Russia amid the ongoing Ukraine conflict, while asserting Russia's resilience and commitment to strengthening partnerships with dependable allies.
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Business News Today

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