https://en.sputniknews.africa/20240920/russias-example-proves-brics-states-not-dependent-on-western-powers-brics-chamber-of-commerce-1068347822.html
Russia's Example Proves BRICS States Not Dependent on Western Powers: BRICS Chamber of Commerce
Russia's Example Proves BRICS States Not Dependent on Western Powers: BRICS Chamber of Commerce
Sputnik Africa
The 2024 Cloud City BRICS International Innovation Forum, a major global event held in Moscow on September 18-19, attracted over 5,000 participants from 30... 20.09.2024, Sputnik Africa
2024-09-20T11:12+0200
2024-09-20T11:12+0200
2024-09-20T13:14+0200
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Russia's economic growth under sanctions proves that the BRICS nations are not dependent on the West, the vice chairman told Sputnik.He added that the "Make in India" initiative launched by Prime Minister Narendra Modi has had a similar effect.Russia has repeatedly said that it maintains the ability to withstand Western sanctions despite their growing intensity. Moscow asserts the West lacks the courage to admit the failure of sanctions, even though some Western voices acknowledge their ineffectiveness.
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narendra modi, russia, west, moscow, brics, sanctions, anti-russian sanctions, economic growth, international
narendra modi, russia, west, moscow, brics, sanctions, anti-russian sanctions, economic growth, international
Russia's Example Proves BRICS States Not Dependent on Western Powers: BRICS Chamber of Commerce
11:12 20.09.2024 (Updated: 13:14 20.09.2024) The 2024 Cloud City BRICS International Innovation Forum, a major global event held in Moscow on September 18-19, attracted over 5,000 participants from 30 countries. Sameep Shastri, the Vice Chairman of the BRICS Chamber of Commerce and Industry, shared his views on some current issues on the sidelines of the event.
Russia's economic growth under sanctions proves that the BRICS nations
are not dependent on the West, the vice chairman told
Sputnik.
"I always give the example lately [about] the cost of sanctions. Russia showed a very big move to the BRICS nations. We are not dependent on the Western powers or their brands, or their services. We could create it on our own. And positive impact of 2% in the Russian economy proves that companies here are doing it," Shastri said on the sidelines of the BRICS Urban Future Forum in Moscow.
He added that the "Make in India" initiative launched by Prime Minister Narendra Modi has had a similar effect.
"India is growing rapidly. We have become the fifth-largest economy. The similar thought process is for all BRICS+ nations," Shastri added.
Russia has repeatedly said that it maintains the ability to withstand
Western sanctions despite their growing intensity. Moscow asserts the West lacks the courage to admit the failure of sanctions, even though some Western voices acknowledge their ineffectiveness.
