Ties Within BRICS Strengthening, Mutual Trade Growing - Putin

ST. PETERSBURG, June 20 (Bernama-RIA Novosti) -- Russian President Vladimir Putin said on Friday that ties within BRICS are strengthening and mutual trade is growing, with the trade turnover of the participating countries already exceeding US$1 trillion.

"Special attention is being paid to strengthening ties within BRICS. The mutual trade turnover between our countries has already exceeded US$1 trillion and continues to grow. All of these are elements of a global growth platform.

“And they are based on the key principles of BRICS. And this is consensus, parity, and consideration of interests towards each other," Putin said at a plenary session of the 2025 St. Petersburg International Economic Forum (SPIEF), Sputnik/RIA Novosti reported.

BRICS countries are implementing large-scale initiatives, including in nuclear energy and robotics, Putin said, adding that the share of BRICS countries in the global economy has doubled since the beginning of the century and will inevitably continue to grow.

-- BERNAMA-RIA NOVOSTI