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❗️LIVE: Putin addresses BRICS Business Forum

👉Watch the livestream here or on Sputnik's website

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❗️BRICS companies successfully cooperate with each other and implement joint projects – Putin

Russia's president said the BRICS Business Forum brings together leading business representatives from all of the association’s countries.

Russia seeks to facilitate the integration of new members into BRICS’ mechanisms, he added.

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💬BRICS countries’ total GDP confidently exceeds the indicators of the G7 nations and continues to grow steadily – Putin

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❗️Key statements by Russian President Vladimir Putin concerning BRICS economic growth:

💬Average GDP growth rate of BRICS countries by the end of 2024 is projected at 4%, higher than the global average of 3.2%

💬BRICS plays a significant role in the global economy, and this role will grow

💬BRICS countries are drivers of economic growth, and it is in BRICS that the main global GDP growth will be generated in the coming years

💬Economic growth of BRICS countries will depend less and less on external influence

💬BRICS New Development Bank is an alternative to Western development mechanisms

💬Russia will expand the capabilities of the New Development Bank, and it should become the main investor in BRICS and the Global South

💬The combined gross domestic product (GDP) of BRICS countries is more than $60 trillion, something that exceeds the GDP of G7 members

Putin noted the importance of close economic partnership between BRICS countries, emphasizing that joint efforts produce tangible results.

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⚡️UAE President Al Nahyan to visit Russia

Putin and Al Nahyan will discuss bilateral relations and the situation in the Middle East and North Africa on Monday.

The UAE head of state will also take part in the BRICS Summit events in Kazan.

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Putin: BRICS outstrips G7 on GDP growth

The combined gross domestic product (GDP) of BRICS countries is more than $60 trillion, something that exceeds the GDP of G7 members, Russian President Vladimir Putin told the BRICS Business Forum.

"The BRICS aggregate GDP amounts to over 60 trillion USD. Its overall share in global GDP strongly exceeds the relevant indicator of the so-called G7 and continues to grow," he said.


“We emphasize the importance of close economic partnership of BRICS countries to advance trade and investment to deepen mutual cooperation,” Putin added.


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Russia, as the current chairman of BRICS, strives in every possible way to promote the integration of new member states into all mechanisms of cooperation — Putin

"I would like to specifically note that the current forum also brought together businessmen from those countries that from January 1 have become full BRICS members. Namely, I'm talking about our colleagues and friends from Saudi Arabia, Iran, Egypt, Ethiopia, the United Arab Emirates...The Russian chair has an overall motto of strengthening multilateralism based on just global development," he added.


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Putin: BRICS outstrips G7 on GDP growth The combined gross domestic product (GDP) of BRICS countries is more than $60 trillion, something that exceeds the GDP of G7 members, Russian President Vladimir Putin told the BRICS Business Forum. "The BRICS aggregate…
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Putin on the significant difference in GDP of BRICS and G7 countries

"The gap is broadening. It will continue to broaden. It is inevitable. And that is a totally clear dynamic. Over the past decades, on top of that, over 40% of global GDP growth of the whole global economic dynamics accounted for BRICS states," Russian President Vladimir Putin said at the BRICS Business Forum


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Putin outlines task for BRICS Development Bank

The BRICS Development Bank should become an investor in infrastructure projects, Russian President Vladimir Putin said addressing the BRICS Business Forum.

“There are plans to create a single digital infrastructure for BRICS in the future,” he pointed out.


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🇪🇬BRICS Business Forum offers a new platform for cooperation for investment and trade – Egyptian president

"We highly appreciate the BRICS Business Forum. It unites our countries and reflects our shared aspiration to further build up relations between the BRICS member states. It contributes to the development of investment activities and trade, as well as implementation of joint projects," Egyptian President Abdel Fattah el-Sisi told participants of the BRICS Business Forum in a video message.


He added that BRICS should become an important economic bloc, especially in the context of global economic growth.

"This future depends on the opportunities that we are offering together... I hope that outcomes of the Business Council will contribute to great investment and deeper cooperation among our countries," Sisi concluded.


Egypt recently joined the BRICS. On January 1, 2024, the country became a full member of the association.

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Putin: BRICS is not oriented against anyone, it's moving towards the development and prosperity of our countries

"Together, by supporting and helping each other, we will fulfill the crucial task, which is to ensure positive movement forward, to ensure security, and finally to ensure the well-being of the peoples of our countries," Russia's President Vladimir Putin said at the BRICS Business Forum.


"BRICS is not oriented against anyone. BRICS is moving towards sustainable development and the prosperity of our countries and our peoples," he added.


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🇿🇦BRICS can help South Africa’s young and urbanized population industrialize further – South African president

South Africa is home to a young, digitally connected and increasingly urbanized population, and investment in the country’s infrastructure will boost the whole continent, South African President Cyril Ramaphosa said during his address to the BRICS Business Forum.

“Investment in skills development is growing, a workforce that will make the African continent an engine of production and growth well into the future,” he noted.


South Africa is ready to play its part in realizing the economic potential of BRICS, the president emphasized.

“The expanded BRICS Group now covers 43% of the world's population. The group together accounts for 27% of global GDP and a fifth of world exports,” he noted.


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❗️Russian forces carried out 36 strikes with high-precision weapons and drones against energy facilities, airfields, and mercenary positions

🇷🇺🪖More statements from the Russian Defense Ministry's weekly briefing on the special military operation's progress:

▪️48 Ukrainian soldiers surrendered;

▪️Russia's South Battlegroup repelled 23 Ukrainian counterattacks, with the enemy's losses amounting to up to 5,080 militants;

▪️Ukrainian forces lost up to 790 militants in the Vostok Battlegroup’s combat zone;

▪️Air defenses shot down two Neptune guided missiles, 29 HIMARS rockets, and 374 drones;

▪️The Sever Battlegroup destroyed more than 2,745 Ukrainian militants, one Bradley IFV, and two Leopard tanks;

▪️Ukrainian forces lost up to 380 militants and eight field ammunition depots due to actions by the Dnepr Battlegroup;

▪️Ukrainian forces lost up to 3,150 militants in Russia's Zapad Battlegroup’s combat zone.

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For Iran, BRICS reflects most effective economic procedures - Iranian president

BRICS creates the basis for expanding mutual trade and has a good influence on international affairs, President Masoud Pezeshkian said in his address to the BRICS Business Forum.

Iranian companies have valuable experience in providing technical and engineering services, and they have experience in implementing strategic projects, the president also said.

“In this regard, we are ready to develop partnerships in different projects,” Pezeshkian emphasized.


“The BRICS Business Council sets out key prospects like strengthening collective cooperation, strengthening continuity and diversification of trade and easier access of cooperation actors to each other, meeting needs and creating beneficial and enabling opportunities,” he pointed out.


He also touched upon international sanctions, noting that they are “condemned by BRICS countries.”

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📹Watch Putin’s full speech at BRICS Business Forum

Russian President Vladimir Putin addressed participants of the BRICS Business Forum ahead of the 2024 BRICS Summit in Kazan due to open early next week.

Here are Putin’s main statements at the forum:

💬BRICS is already playing a prominent role in the global economy, and this influence is expected to grow in the future. The member countries of BRICS are key drivers of global economic growth, and they are poised to be the primary contributors to GDP growth in the near term.

💬The combined gross domestic product (GDP) of BRICS countries is more than 60 trillion dollars, something that exceeds the GDP of G7 members.

💬The relevant development platforms are emerging within BRICS, among them communication channels, financial systems, payment instruments, and, of course, mechanisms of sustainable long-term investment.

💬The new BRICS Development Bank has a special role to play in strengthening financial cooperation between BRICS members. The bank should become one of the key investors in the long-term and major technological infrastructure projects within BRICS.

💬Russia is quickly redirecting its transport flows to reliable foreign partners. Our flagship projects include the Northern Sea Route and the North-South Corridor.

💬Russia closely cooperates with our BRICS partners in the field of innovation, digital economy and artificial intelligence technologies.

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As Putin said, it's not about fighting other countries, but making our countries better –Brazilian delegation member shares his impressions of Putin's speech

Many foreign delegation representatives attended the BRICS Business Forum plenary session.

"It seems that the countries are very aligned in finding a common goal in order to reach bigger results, better results for our countries. As Mr. Putin said, it's not about fighting other countries, but it's more about thinking about our countries, not competing with other countries, but focusing on making our countries better," Joao Pedro de Goes Novochadlo told Sputnik on the sidelines of the BRICS Business Forum.


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💬 I'm looking forward to what we as BRICS+ are going to create - South African delegation member at the BRICS Business Forum

"What is really apparent from the plenary session today, especially from what President Putin said, is the amount of human capital that is available in all the BRICS+ nations," Palesa Katleho Makoti, member of the South African delegation, told Sputnik on the sidelines of the BRICS Business Forum.


She also expressed her hope for the bright future of the BRICS+ countries.

💬 "I was really impressed by the cooperation from all the senior leaders which obviously will now filter down to all our countries and I'm looking forward to what we as BRICS+ are going to create," she noted.

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🇷🇺🪖 Key statements from the Russian Ministry of Defense's daily briefing on the situation in the Kursk region:

🔸 Units of Russia’s Battlegroup Sever Battlegroup hammered eight Ukrainian formations in the direction of the settlements of Lyubimovka, Novy Put, Plekhovo and Sverdlikovo.

🔸 Russia’s Battlegroup Sever repelled two counterattacks in the areas of Lyubimovka and Zeleny Shlyakh. The enemy lost as many as 20 soldiers and two armored vehicles , the Russian Defense Ministry said.

🔸 Russian aviation and artillery strikes hit concentrations of personnel and equipment of five Ukrainian brigades in the Sumy region.

🔸 In total, Ukrainian losses over the day amounted to more than 505 militants, with 15 armored vehicles destroyed, including two tanks, two infantry fighting vehicles, ten armored vehicles, US-made M198 howitzer, and four cars.

🔸 Since the beginning of combat operations in the Kursk region, Ukraine has lost more than 24,367 troops.

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📹 'We can’t even run ourselves’ - Trump

Donald Trump, discussing the issue of Iran's nuclearization expressed concern over the calls for the US to interfere in Iran's internal affairs.

‘We can’t get totally involved…We can’t even run ourselves’, Trump came out against regime change in Iran.


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Hamas head Yahya Sinwar was eliminated as a result of tank fire, an IDF spokesman told Sputnik. 📌Subscribe to @SputnikInt
❗️Hamas has acknowledged the death of the movement's politburo head Yahya Sinwar.

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