Stay updated with breaking news from Brics States. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Russian President Vladimir Putin Delivered a message on the BRICS summit 2023 wich takes place from August 22 to 24 in Johannesburg, South Africa. Although the unlawful sanctions imposed by the West have been hindering the Russian economy, it has been developing, the president said on Tuesday.
The trade between the BRICS member states reached $762 billion in 2022, with foreign investment playing a major role in the growth of the bloc's economies, South African President Cyril Ramaphosa said on Tuesday.
Unlike NATO and the G7, BRICS embodies power in a multipolar world and can play an important role in the economy, politics and global governance, Fan Hesheng, the head of the Center for Latin American Studies at Anhui University, told Sputnik commenting on Venezuela planning to join BRICS on Friday.
BRICS can play an important stabilizing role in international relations unlike US-led NATO, Russian Security Council Secretary Nikolai Patrushev said on Tuesday.