Putin Expresses Gratitude to BRICS Countries for Constructive Cooperation
17:49 06.07.2025 (Updated: 18:06 06.07.2025)
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RIO DE JANEIRO (Sputnik) - The final declaration of the BRICS summit provides a solid foundation for joint work, Putin added.
Russian President Vladimir Putin on Sunday thanked the BRICS colleagues for contributing to constructive cooperation.
"I would like to once again thank my colleagues from the BRICS member states for the productive constructive cooperation," Putin said via video link at the plenary session of the BRICS summit in Rio de Janeiro.
"I presume that the final declaration of the Rio de Janeiro summit prepared for approval creates a strong basis for our further joint work in the traditional BRICS spirit of continuity and equitable cooperation," Putin said.
The Intervision international song contest is designed to advance universal cultural, family, and spiritual values, Putin said.
"This major humanitarian project promotes the universal cultural, family, and spiritual values shared by all our [BRICS] nations," Putin told the plenary session via video link.
The 2025 Intervision competition will be held at the Live Arena near Moscow on September 20.
The task of multiplying the volume of reciprocal investments through BRICS mechanisms is urgent, he added.
"The task of multiplying the volume of reciprocal investments among member countries of the association, including through BRICS mechanisms and, above all, through the New Development Bank, is also urgent," Putin said via video link at the plenary session of the BRICS summit in Brazil.
Russia has proposed the formation of a new BRICS investment platform for this purpose, Putin added.
"This is a matter of jointly developing harmonized tools to support and raise funds for the economies of our countries and countries of the global South and East," Putin said.
The use of national currencies in trade between BRICS countries is steadily increasing, Putin added in his address.
"It is essential to further expand the use of national currencies in mutual settlements," Putin said.
The authority and influence of BRICS in the world are growing from year to year, the Russian leader stressed.
"The authority and influence of our association in the world are growing from year to year. BRICS has rightfully established itself among the key centers of global governance," Putin said via video link during the plenary session of the BRICS summit in Rio de Janeiro.
The president added that BRICS outperforms some associations in terms of purchasing power parity.
"By this indicator, BRICS significantly surpasses some other associations, including the Group of Seven [G7], which stands at $57 trillion," Putin said.
Putin also said that BRICS has many like-minded countries from the Global South and the East, adding that the process of world order changing continues to gain momentum.
"We all see that fundamental changes are taking place in the world, the unipolar system of international relations that served the interests of the so-called golden billion is becoming a thing of the past," the president said.
The members of the association have enormous political, economic, and human potential, and the unifying agenda shared by BRICS countries is in demand in current global situation, the Putin added.
